Last updated
Average Rent in Pico & Rent Trends
Rent prices and market trends across 2 apartment communities in Pico, Santa Monica, CA. Updated daily.
Market Average
$3,535/mo
Lowest Available
$3,105/mo
cheapest unit on market
Communities
2
tracked daily
Units Listed
16
available now
Price Cuts This Week in Pico
4 listed units across 1 building offering 1 bed units in Pico dropped their asking rent in the past 7 days, an average cut of $74/mo. These are the largest cuts, tracked unit by unit with daily price checks.
| Apartment | Unit | Last Week | Now | Cut |
|---|---|---|---|---|
| Catherine Santa Monica | Unit EPH13, Studio-B1-B3 | $3,281 | $3,182 | $99 |
| Catherine Santa Monica | Unit 107 | $3,418 | $3,321 | $97 |
| Catherine Santa Monica | Unit E217 | $3,543 | $3,492 | $51 |
| Catherine Santa Monica | Unit W312 | $3,505 | $3,456 | $49 |
Pico vs Santa Monica, CA Average
Pico is cheaper than the Santa Monica, CA average by $414/mo (10%). The citywide average is $3,949/mo across all neighborhoods.
Is Rent Going Up or Down in Pico?
As of August 2026, the average rent in Pico is $3,535 per month across 2 apartment communities and 16 available units.
The most affordable option is The Charlie Santa Monica starting at $3,105/mo. By unit type, a 1-bedroom averages $3,535/mo.
Prices range from $3,105 to $3,934 per month. The most common price point is the $3,400 range, where 8 units are currently listed.
Rent Price Distribution
Rent by Bedroom Type in Pico
Rent Prices by Apartment in Pico
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| The Charlie Santa Monica | $3,105/mo | $3,444/mo | 6 | 4.2 |
| Catherine Santa Monica | $3,321/mo | $3,590/mo | 10 | 4.1 |
Frequently Asked Questions About Rent in Pico
What is the average rent in Pico?
Is rent going up or down in Pico?
What is the cheapest apartment in Pico?
How much is a 1-bedroom apartment in Pico?
How many apartments are available in Pico?
What salary do I need to live comfortably in Pico?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$141,000/year
Based on the 30 percent rule, using our tracked average rent of $3,535/mo.
Comfortable income
$170,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($3,105/mo), you need to earn at least $124,000/year.
Cost of living in Pico
We only have live rent data for Pico so far. The full cost of living breakdown (utilities, groceries, transportation, healthcare) is coming soon.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $3,535 |
| Estimated total | $3,535/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 Pico Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Pico Apartments
Browse all 2 communities with daily-updated pricing and availability.