Rents in Santa Monica dropped in November after bucking a nationwide trend by rising for three months straight, according to the latest report by Apartment List.

The -1.7 percent drop comes after local rents increased 5.1 percent between August and October defying an early seasonal cooldown nationwide, according to the data.

Read More: https://www.surfsantamonica.com/ssm_site/the_lookout/news/News-2023/November-2023/11_28_2023_Santa_Monica_Rents_Drop_After_Hot_Streak.html