Millennium Santa Monica
2929 Pennsylvania Ave,
Santa Monica, CA 90404
$3,905 - $6,862 | Studio - 3 Beds
Located in the center of Santa Monica, the Pico is known as one of the best neighborhoods in the city and the Los Angeles area. Resting just two miles from Santa Monica Beach, Santa Monica Pier, and downtown, Pico boasts a central location. Along with being home to several film-industry businesses and Santa Monica College, Pico is known for being home to Pico Boulevard, one of the city’s major thoroughfares. Pico Boulevard connects Santa Monica to Downtown Los Angeles, which is about 20 miles away. Adorned with vibrant murals, Pico Boulevard is filled with art galleries, shops, bars, music venues, and restaurants. Enjoy a meal at longstanding local staples like Gilbert's El Indio or buy fresh produce from the farmers market. Pico features rental options for every budget and style including Mediterranean-style houses, modern apartments, and chic townhomes and condos.
As of March 2025, the average apartment rent in Pico is $2,510 for a studio, $2,760 for one bedroom, $3,165 for two bedrooms, and $4,700 for three bedrooms. Apartment rent in Pico has decreased by -1.8% in the past year.
Studio
392 sq ft
Average Sq Ft
$2,510/month
Average Rent
1 BR
514 sq ft
Average Sq Ft
$2,760/month
Average Rent
2 BR
678 sq ft
Average Sq Ft
$3,165/month
Average Rent
3 BR
745 sq ft
Average Sq Ft
$4,700/month
Average Rent
Very Walkable
out of 100 WalkScore® Rating
If you enjoy walking, you’ll enjoy renting in this area! It’s a very walkable neighborhood.
Good Transit
out of 100 TransitScore® Rating
The area around this property has good transit with many nearby transportation options.
Biker's Paradise
out of 100 BikeScore® Rating
Do you prefer to get around on two wheels? You’ll love living in this neighborhood, which is considered a biker’s paradise.
Niche User
8 years and 6 months ago•Niche Review
People live in this area for more than 5 years. The community is pet friendly. there aren't any community events or engagements in the area.
Niche User
8 years and 6 months ago•Niche Review
There are bike thefts and vandalism and the city is feeling more vulnerable with the population explosion.
Niche User
9 years and 7 months ago•Niche Review
Living in an area that has a beach and everything around me, truly greatful.
Niche User
9 years and 10 months ago•Niche Review
I wish that nature was more accessible. It's hard in this location because is surrounded by city. About 15 minutes up the hill and there are great hiking trails. I wish there were local community gardens.
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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.