Santa Monica's -0.7 percent decline last month follows decreases of -0.7 and -0.9 percent in May and June, after a fast start this year attributed to the city's proximity to fire-ravaged Pacific Palisades.

The current median rent for a one-bedroom apartment in Santa Monica is $2,350 and $2,817 for a two-bedroom unit, based on local listings posted on the popular rental website.

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