Last updated
Average Rent in Rancho Park & Rent Trends
Rent prices and market trends across 1 apartment community in Rancho Park, Santa Monica, CA. Updated daily.
Market Average
$5,411/mo
Lowest Available
$4,860/mo
cheapest unit on market
Communities
1
tracked daily
Units Listed
8
available now
Price Cuts This Week in Rancho Park
10 listed units across 1 building offering 2 bed units in Rancho Park dropped their asking rent in the past 7 days, an average cut of $708/mo. These are the largest cuts, tracked unit by unit with daily price checks.
| Apartment | Unit | Last Week | Now | Cut |
|---|---|---|---|---|
| Residences at West Edge | Unit 24 | $6,800 | $4,990 | $1,810 |
| Residences at West Edge | Unit 10 | $4,841 | $3,400 | $1,441 |
| Residences at West Edge | Unit 14 | $4,281 | $3,200 | $1,081 |
| Residences at West Edge | Unit 15 | $3,890 | $3,200 | $690 |
| Residences at West Edge | Unit 6 | $4,440 | $3,945 | $495 |
| Residences at West Edge | Unit 29 | $3,430 | $3,056 | $374 |
| Residences at West Edge | Unit 17 | $4,463 | $4,129 | $334 |
| Residences at West Edge | Unit 19 | $4,570 | $4,246 | $324 |
Rancho Park vs Santa Monica, CA Average
Rancho Park is more expensive than the Santa Monica, CA average by $1,462/mo (37%). The citywide average is $3,949/mo across all neighborhoods.
Is Rent Going Up or Down in Rancho Park?
As of August 2026, the average rent in Rancho Park is $5,411 per month across 1 apartment community and 8 available units.
The most affordable option is Residences at West Edge starting at $4,860/mo. By unit type, a 2-bedroom averages $5,411/mo.
Prices range from $4,860 to $6,543 per month. The most common price point is the $5,000 range, where 3 units are currently listed.
Rent Price Distribution
Rent by Bedroom Type in Rancho Park
Rent Prices by Apartment in Rancho Park
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Residences at West Edge | $4,860/mo | $5,411/mo | 8 | 4.1 |
Frequently Asked Questions About Rent in Rancho Park
What is the average rent in Rancho Park?
Is rent going up or down in Rancho Park?
What is the cheapest apartment in Rancho Park?
How many apartments are available in Rancho Park?
What salary do I need to live comfortably in Rancho Park?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$216,000/year
Based on the 30 percent rule, using our tracked average rent of $5,411/mo.
Comfortable income
$260,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($4,860/mo), you need to earn at least $194,000/year.
Cost of living in Rancho Park
We only have live rent data for Rancho Park so far. The full cost of living breakdown (utilities, groceries, transportation, healthcare) is coming soon.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $5,411 |
| Estimated total | $5,411/mo |
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures are refreshed annually.
Google Search Trends for Rancho Park Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Rancho Park Apartments
Browse all 1 communities with daily-updated pricing and availability.