Housing & Real Estate — Santa Monica, California
Overview
| Total Housing Units | 52,381 |
| Occupied | 46,457 |
| Vacant | 5,924 |
| Owner-Occupied | 13,361 |
| Renter-Occupied | 33,096 |
| Median Home Value (Census) | $1,755,500 |
| Estimated 2026 | ~$2,030,000 |
| Median Rent | $2,338/mo |
| Median Property Tax | $10,001/yr |
Affordability
| Home Price to Income Ratio | N/Ax |
| Home Affordability | very expensive |
| Rent as % of Income | 24.4% |
| Severely Rent-Burdened | 37.1% |
Housing Age
| Built 2010 or later | 3,552 |
| Built 2000-2009 | 2,985 |
| Built 1990-1999 | 3,382 |
| Built before 1960 | 19,530 |
| Median Year Built | 1967 |
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.