Home prices
Santa Monica's median home price is $1,382,700. In comparison to the surrounding areas it is approximately $289,760 (26%) higher.In comparison to the nation as a whole it is roughly $1,165,200 (535%) higher, and compared to the city of Los Angeles is approximately $745,800 (117%) higher.
Rents
Santa Monica's median monthly rent is $1,802. In comparison to the surrounding areas it is about $317 (14%) lower.In comparison to the rest of the nation it is about $740 (69%) higher, and in comparison to the city of Los Angeles it is roughly $352 (24%) higher.
Nearby places
Marina del Rey
Marina del Rey is roughly 3 miles southeast from Santa Monica. Housing prices there are a lot less expensive. The price of the median home in Marina del Rey is $791,700, which comes out to $591,000 (74%) lower than Santa Monica. Rent there is substantially more expensive. The median rent in Marina del Rey is $3,011 a month, which is $1,209 (40%) higher than Santa Monica.
Culver City
Culver City is approximately 4 miles east from Santa Monica. Its real estate prices are significantly less expensive. Culver City's median home value is $892,000, which works out to $490,700 (55%) lower than Santa Monica. Its rents are similar. Culver City's median rent is $1,888 a month, which comes out to $86 (4%) higher than Santa Monica.
Beverly Hills
Beverly Hills is about 5 miles northeast from Santa Monica. Housing prices there are somewhat more expensive. The value of the median home in Beverly Hills is $2,000,001, which works out to $617,301 (30%) higher than Santa Monica. Its rents are somewhat more expensive. The median monthly rent in Beverly Hills is $2,244, which works out to $442 (19%) higher than Santa Monica.
Ladera Heights
Ladera Heights is roughly 5 miles east from Santa Monica. Its real estate prices are significantly less expensive. The price of the median home in Ladera Heights is $1,021,000, which comes out to $361,700 (35%) lower than Santa Monica. Its rents are somewhat more expensive. In Ladera Heights the median monthly rent is $2,018, which comes out to $216 (10%) higher than Santa Monica.
View Park-Windsor Hills
View Park-Windsor Hills is approximately 7 miles east of Santa Monica. Its real estate prices are a lot less expensive. The cost of the median home in View Park-Windsor Hills is $760,000, which works out to $622,700 (81%) lower than Santa Monica. Rent there is a bit less expensive. View Park-Windsor Hills's median rent is $1,433 a month, which comes out to $369 (25%) lower than Santa Monica.
