Apartments for Rent in Sunset Park, Santa Monica, CA

Sunset Park, Santa Monica apartment availability

Sunset Park's rental market offers a good selection of listings, with an average of around 84 rentals available each month. The neighborhood's inventory is relatively balanced, with 1-bedroom, 2-bedroom, and 3-bedroom apartments making up the majority of listings. Many of these apartments feature desirable amenities, including hardwood floors, in-unit laundry, and on-site laundry facilities. With nearly 43% of apartments offering in-unit laundry and 40% featuring hardwood floors, renters can find convenient and stylish living options in Sunset Park. This Santa Monica neighborhood accounts for around 8% of the city's total listings, making it a notable part of the local rental market.

Sunset Park, Santa Monica rental market trends

Sunset Park in Santa Monica is experiencing a unique trend in 2024, with average monthly rent across all property types decreasing by 9.4% year-over-year to approximately $3,245. This decline is largely driven by a 14.8% drop in 2-bedroom rentals, now averaging $3,738 per month. In contrast, 3-bedroom rentals saw a modest 1.6% increase, reaching $6,932 on average. Studio and 1-bedroom rentals remained relatively stable, with average rents of $2,038 and $2,593, respectively.

The summer months reveal an interesting pattern, with July having the highest rent and August the lowest. Notably, July rents are 26.4% higher than those in August, indicating a significant fluctuation in prices during this period. For renters looking for a more affordable option, August may be the best time to explore the market. Overall, Sunset Park's rental market is characterized by a mix of decreases and moderate increases, presenting opportunities for renters to find a suitable fit.

Why Sunset Park, Santa Monica is a great place to live

Sunset Park in Santa Monica is a haven for renters who value social connections and pet companionship. Our analysis of local amenities and lifestyle trends reveals that this neighborhood excels in supporting active social lives and welcoming pets.

With its high walk score, frequent transit options, and diverse age distribution, Sunset Park fosters a sense of community, making it easy to get out and about. Additionally, the neighborhood's attention to street infrastructure and safety ensures a pleasant and secure environment for residents. For pet owners, Sunset Park offers an array of pet-friendly features, including dedicated pet spaces, safe windows, grooming services, and outdoor areas. The absence of breed restrictions and presence of dog parks further cement this neighborhood's pet-friendly reputation. If you're seeking a vibrant social scene and a home for your furry friend, Sunset Park is an excellent choice.