Apartment Rents: Santa Monica, 2011

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In Santa Monica in 2011, the average monthly rent for a studio was $1,240, $1,595 for a one-bedroom and $2,150 for a two-bedroom—a bit higher than what tenants earning higher incomes of about $50,000 annually could afford.

The prices “are really surprising if you haven’t been out looking for an apartment lately,” said Councilman Kevin McKeown.

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