After a one-month rise, Santa Monica rents decreased again in April, bucking a nationwide trend that saw average rents inch up for the third straight month, according to the latest monthly report by Apartment List.

The overall median rent in Santa Monica now stands at $2,472, after falling -0.6 percent over the past month, according to data based on listings posted on the popular rental website. Rents had increased 1.5 percent in March after a four-month drop.

Read More: https://www.surfsantamonica.com/ssm_site/the_lookout/news/News-2024/April-2024/04_29_2024_Santa_Monica_Rents_Dip_Amid_Sluggish_Market.html