"With rents already unaffordable to all but higher income households, data indicate the market for available rental units recently has not sustained the rates of increase seen in previous years," the annual report noted.

Read More: https://www.surfsantamonica.com/ssm_site/the_lookout/news/News-2026/April-2026/04_01_2026_Santa_Monica_Rental_Market_Cooling.html