Property Prices in Santa Monica, CA, United States
| Index |  |
|---|---|
| Price to Income Ratio: | 5.68 |
| Mortgage as Percentage of Income: | 51.44% |
| Loan Affordability Index: | 1.94 |
| Price to Rent Ratio - City Centre: | 14.62 |
| Price to Rent Ratio - Outside of Centre: | 13.69 |
| Gross Rental Yield (City Centre): | 6.84% |
| Gross Rental Yield (Outside of Centre): | 7.3% |
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Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 2,900.0 $ | |
| Apartment (1 bedroom) Outside of Centre | 2,600.0 $ | |
| Apartment (3 bedrooms) in City Centre | 5,433.33 $ | |
| Apartment (3 bedrooms) Outside of Centre | 4,366.67 $ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 874.99 $ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 699.99 $ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 7,457.25 $ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.65 |
These data are based on 28 entries in the past 18 months from 11 different contributors.
Last update: October 2024
Sources and References
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