The local median rent fell 1.5 percent over the past 12 months, a steeper drop than the state average of -0.8 percent and the national average of -0.6 percent.

Read More: https://www.surfsantamonica.com/ssm_site/the_lookout/news/News-2025/January-2025/01_07_2025_Local_Rents_Dropped_Last_Year.html