The 2.8 percent rise in March was higher than the 0.8 percent increase nationwide, according to the report.

Median rents in Santa Monica currently stand at $2,087 for a 1-bedroom apartment, up from $2,014 in February, and $2,625 for a two-bedroom, up from $2,533.

Read More: https://www.surfsantamonica.com/ssm_site/the_lookout/news/News-2022/March-2022/03_29_2022_Santa_Monica_Rents_Increase_for_First_Time_Since_October.html