February 1, 2017 -- Rent hikes in Santa Monica are starting the new year with a minus sign, although the cost of living in an apartment is still the second highest in metropolitan Los Angeles, outdone only by Westwood, a new study released Tuesday found.
The median price for a one-bedroom apartment in Santa Monica was $2,920 a month, a tiny decrease of 0.70 percent compared to December, according to a nationwide study by Apartment Rents of data received from those who use the popular service to find apartments and to list availability.
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