Sway
525 Broadway,
Santa Monica, CA 90401
$3,676 - $9,861 | Studio - 2 Beds
Downtown Santa Monica is the heart of this bustling beach town. Downtown Santa Monica is home to the Santa Monica Beach, the Santa Monica Pier, and the Third Street Promenade, a sprawling commercial space with trendy restaurants, high-end brands, gyms, and more. Enjoy the salty ocean breezes as you explore the farmers market and Tongva Park or admire street performances at the Santa Monica Pier. Similar to other Southern California locales, Downtown Santa Monica is upscale. Rental options include modern townhomes, luxury condos and apartments, and beachfront houses overlooking the Pacific Ocean. You’ll never want to leave this vibrant seaside haven, but the neighborhood has a light rail station that will take you into Downtown Los Angeles.
As of March 2025, the average apartment rent in Downtown Santa Monica is $3,054 for a studio, $4,258 for one bedroom, $5,837 for two bedrooms, and $13,066 for three bedrooms. Apartment rent in Downtown Santa Monica has increased by 3.0% in the past year.
Studio
446 sq ft
Average Sq Ft
$3,054/month
Average Rent
1 BR
609 sq ft
Average Sq Ft
$4,258/month
Average Rent
2 BR
1,031 sq ft
Average Sq Ft
$5,837/month
Average Rent
3 BR
1,622 sq ft
Average Sq Ft
$13,066/month
Average Rent
Walker's Paradise
out of 100 WalkScore® Rating
Lace up your walking shoes because this area is considered a walker’s paradise.
Excellent Transit
out of 100 TransitScore® Rating
You’ll have excellent transit living in this area, with several nearby transit stops.
Very Bikeable
out of 100 BikeScore® Rating
This area is very bikeable. You’ll find a variety of bike paths and lanes.
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† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2025.