Land and home values in Santa Monica, CA
Santa Monica is a city in Los Angeles County, California, home to about 91,169 people. Residential land runs about $162 per sq ft, the typical home is worth about $1.88M, and a 2-bedroom rents for about $3,740 a month, as of October 12, 2026.
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| Land: residential | $162 | per sq ft |
| Land: residential | $7.03M | per acre |
| Land: quarter-acre lot | $1.76M | 10,890 sq ft |
| Home: typical (median) | $1.88M | value |
| Home: entry-level | $1.3M | lower quartile |
| Home: upper-end | $2.13M | upper quartile |
| Build new | $177 | per sq ft, no land |
| Rent: 1-bedroom | $2,990 | per month |
| Rent: 2-bedroom | $3,740 | per month |
| Rent: 3-bedroom | $4,730 | per month |
| Rent: 4-bedroom | $5,270 | per month |
| Gross yield, 2-bed | 2.4% | a year |
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Questions people ask
How much is land worth in Santa Monica, CA?
Residential land in Santa Monica, CA is about $162 per square foot, or $7.03M an acre, as of October 2026. A quarter-acre lot (10,890 sq ft) is about $1.76M. Smaller lots sell for more per square foot and large tracts for less.
What is the typical home value in Santa Monica, CA?
The typical (median) home in Santa Monica, CA is worth about $1.88M, with entry-level homes around $1.3M and upper-end homes around $2.13M, as of October 2026.
How much is rent in Santa Monica, CA?
A 2-bedroom rents for about $3,740 a month in Santa Monica, CA, a 1-bedroom about $2,990 and a 3-bedroom about $4,730 (gross rent including utilities, HUD Fair Market Rent basis).
Is this an appraisal?
No. Indicative values for screening, budgeting and negotiation, not an appraisal. For lending, a tax appeal or legal use, hire a state-licensed or certified appraiser.