Santa Monica, CA — Momentum Score, Home Values & Best-For

All states·California·Santa Monica

Los Angeles County · Los Angeles-Long Beach-Anaheim · population 90,729

Shrinking
Santa Monica, CA
Image: Wikipedia · Santa Monica, California
View watchlist →
45
Cooling
Momentum score · 0–100

Where Santa Monica stands

Population shrinking 0.6% per year.

Median home $1,711,898
1-year -0.3%
5-yr CAGR +0.7%
vs 5-yr peak -8.5%
Population -0.6%/yr

Home value trajectory · last 10 years

Zillow ZHVI · monthly
peak 2022-06$1712k$1059k$1355k$1650k$1945k201620182020202220242026

Lifestyle scores

🚶
Walkability
78/100
Very walkable
Estimated from population density. Higher = denser, more amenities within walking distance.
🚉
Public transit
30/100
Minimal transit
Curated list of major US transit systems + population-based estimate. Higher = real subway/rail/bus options.
💻
Remote work fit
38/100
Marginal for remote
Composite of city size, housing cost, state tax structure, and region's remote-work track record.

Scores are heuristic estimates from population density, state, and known transit/walkable cities. Not based on a paid Walk Score / Transit Score API — see methodology for the formula.

Rent trajectory · last 5 years

Zillow ZORI · monthly
$3,606/mo$2,730$3,276$3,822202220242026

Home value vs rent · indexed to 100

Both rebased at first month of ZORI data (~2015)
Home valueRent104124100120202220242026

Rent vs buy

Price-to-rent ratio: 39.6
Rent

At a 39.6 price-to-rent ratio, renting beats buying in Santa Monica for most shorter holds. The premium you pay to own would take many years of rent savings to recoup, and that's before maintenance, taxes, and opportunity cost on the down payment.

How the momentum score breaks down

methodology →
Home YoY
48 · w22%
Home 5-yr CAGR
39 · w22%
Distance from peak
50 · w18%
Population growth
35 · w16%
Rent YoY
47 · w12%
Home 10-yr CAGR
53 · w10%
Long thesis

Santa Monica has held up across the cycle: home values at $1,711,898 with +0.7% 5-year CAGR. The bull case is structural — population, location, employer base — and holds even if next year's print is soft.

Short thesis

Santa Monica's population is shrinking 0.6% per year. Housing demand has to come from somewhere — if people are leaving, the buyer pool is shrinking faster than the inventory. That eventually shows up in price.

About Santa Monica

Santa Monica is a city in Los Angeles County, California, with an estimated population of 90,729. It anchors the Los Angeles-Long Beach-Anaheim metro area. The population has contracted 0.6% per year on average since 2020. The median home value in Santa Monica is $1,711,898 as of 2026-04, down 0.3% over the last 12 months. Over the last five years, home values have averaged +0.7% annual growth (-8.5% from the 5-year peak). Rents in Santa Monica average $3,606 per month, roughly flat year-over-year (+0.2%). The composite momentum score is 45 of 100 (Cooling). Buyers may find more room to negotiate; sellers should price realistically.

Bull case

The data is the data: Santa Monica has at least 5 years of Zillow tracking, full Census identification, and is included in the 1-criteria momentum score on this page.

Bear case

Expensive AND not growing: median home $1,711,898 with only -0.3% YoY. You’re paying premium pricing for a flat trend.
Flat or shrinking population: -0.6% per year. Housing demand has to come from somewhere — verify the source.

About Santa Monica (Wikipedia)

Santa Monica is a city in Los Angeles County, California, United States. It is situated along Santa Monica Bay on California's South Coast. As of the 2020 census, Santa Monica had a population of 93,076. Santa Monica is a popular resort town, owing to its climate, beaches, and hospitality industry. It has a diverse economy, hosting headquarters of companies such as Skydance Media, Hulu, Activision Blizzard, Universal Music Group, Starz Entertainment, Lionsgate Studios, Illumination and The Recording Academy.

Source: Wikipedia · this summary is contributed and licensed under CC-BY-SA.

City facts

MayorCaroline Torosis
Area16.00 sq mi
Elevation105 ft
Spanish EncampmentAugust 3, 1769
NicknameSaMoCite news
Mottolangnf
Density11067/sq mi
Named forSaint Monica

Extracted from the Wikipedia infobox. Values may be slightly out of date relative to the latest sources.

Playbook

Buyer

You have leverage. Negotiate price, ask for closing-cost credits, and don't waive inspection. Walk-away power is real in a Cooling market — use it.

Seller

Price aggressively (at or below recent sold comps) or be prepared to wait. Concessions — rate buydowns, closing costs, repair credits — are how deals close right now.

Investor

Cap rates are more attractive than they were 12 months ago but the appreciation tailwind is gone. Confirm tenant demand, vacancy rates, and exit liquidity before committing capital.

Local safety & alerts

No active National Weather Service alerts for Los Angeles County right now.

Public-safety links are official .gov sources, not curated by us. Los Angeles County routes NWS alerts; check the state EM portal for non-weather emergencies.

Neighborhoods of Santa Monica

9 tracked · ranked by median home value
1North of Montana$4,950,609+10.8%
2Northeast$2,817,043+9.2%
3Sunset Park$2,289,107+6.9%
4Santa Monica Pier Area/Ocean Avenue$1,896,055-3.6%
5Ocean Park$1,325,237-2.4%
6Wilshire/Montana$1,323,852-2.8%
7Pico District$1,219,082+0.2%
8Downtown/Third Street Promenade$1,101,779-5.8%
9Mid-City$1,031,484-5.3%

Cities like Santa Monica

Sources: Zillow ZHVI (home values), Zillow ZORI (rents), US Census ACS + place population. Updated when source agencies publish revisions.

Climate & natural-disaster risk

Winter (Jan)
60° / 41°
avg high / low
Summer (Jul)
82° / 60°
avg high / low
Sunny days/yr
258
~71% of year
Annual precip
22″ rain
8″ snow
Disaster risk (1=very low, 5=very high)
Hurricane
Very low
Tornado
Very low
Wildfire
Very high
Earthquake
Very high
Flood
Moderate

State-level averages from NOAA Climate Normals (1991-2020) and FEMA National Risk Index. City-level conditions can vary significantly within a state.

Local sports teams

Major professional teams the Los Angeles-Long Beach-Anaheim area cheers for. Detailed stats, schedules, and player pages on intherafters.com.

Current weather

Loading current conditions…

7-day forecast on weather.gov →

Find rentals & listings

Open current Santa Monica listings on the major real-estate sites.

Links open the live search on the destination site — results are always current.

Local news & community

Updated 2026-05-21 from Google News + Reddit RSS. Headlines link to original sources.

Local economy & environment

Humidity
65%
Moderate climate
Median household income
$91,500
California state median
Top industries (state-level)
TechEntertainmentAgriculture

Humidity is annual average relative humidity (NOAA). Income is Census ACS 5-year estimate. Industries are largest employment sectors statewide (BLS); the local mix in a given city may vary.

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