Santa Monica is a prime-tier Los Angeles submarket with average asking rent around $88/sqft/yr.

  • Average asking rent: $88/sqft/yr.
  • Tier: prime.
  • Citywide Class A rent context: $65/sqft/yr ($65 USD).
  • Citywide vacancy: 22.5% — submarket-level availability is typically tighter at prime tier.

Santa Monica, Los Angeles office rents and availability

Santa Monica is a prime-tier Los Angeles submarket with average asking rent around $88/sqft/yr.

TL;DR

  • Average asking rent: $88/sqft/yr.
  • Tier: prime.
  • Citywide Class A rent context: $65/sqft/yr ($65 USD).
  • Citywide vacancy: 22.5% — submarket-level availability is typically tighter at prime tier.

Where rent sits

Santa Monica averages around $88/sqft/yr for Class A, against a citywide Class A index of 65. As a prime submarket, rent runs at or above city average with mostly tight availability.

Availability dynamics

Westside tech corridor. Consumer tech, SaaS, gaming, AdTech.

Key facts

cityLos Angeles
submarketSanta Monica
tierprime
averageRentLocal$88/sqft/yr
cityClassARentUsd$65/sqft/yr
cityVacancyPct22.5%

Frequently asked questions

What is the average Class A rent in Santa Monica, Los Angeles?
Around $88/sqft/yr. The citywide Class A index sits at $65/sqft/yr.

Related

Editorial provenance

Reviewed by Miriam Hollander — Lead market analyst. Last updated 2026-04-15. See our methodology and editorial standards.

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