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Average Rent in Pico & Rent Trends

What is the average rent in Pico?

The average listed apartment rent in Pico is $4,094 per month, as of October 20, 2026. This sample includes 23 priced apartments in 2 buildings. These are tracked asking prices, not signed leases.

We use published total monthly rent when known and base rent otherwise. Unknown fees remain unknown. Buildings without a qualifying price do not count in this sample. The guide directory can include more buildings.

Rent prices and market trends across 2 apartment communities in Pico, Santa Monica, CA. Prices update after successful source checks.

Area All Areas Pico Brentwood Culver - West Downtown Rancho Park Sunset Park Westwood
Beds All Bedrooms Studio 1 Bed 2 Bed 3 Bed 4 Bed 5 Bed

Showing any bedrooms in Pico.

Market Average

$4,094/mo

Lowest Available

$3,175/mo

cheapest unit on market

Communities

2

tracked daily

Units Listed

23

available now

Rent Watch: cuts and increases

Open Rent Watch →

0 cuts and 0 increases among 7 comparable listings this week. Filter by bedrooms and budget, then inspect each building’s history.

Pico vs Santa Monica, CA Average

Pico is more expensive than the Santa Monica, CA average by $20/mo (0%). The citywide average is $4,074/mo across all neighborhoods.

Is Rent Going Up or Down in Pico?

As of October 2026, the average rent in Pico is $4,094 per month across 2 apartment communities and 23 available units.

The most affordable option is The Charlie Santa Monica starting at $3,175/mo. By unit type, a studio averages $3,208/mo, a 1-bedroom averages $3,670/mo, a 2-bedroom averages $4,839/mo, a 3-bedroom averages $5,436/mo.

Prices range from $3,175 to $5,903 per month. The most common price point is the $3,200 range, where 4 units are currently listed.

Average Rent by Bedroom

Rent Price Distribution

Rent by Bedroom Type in Pico

Studio
$3,208
from $3,175 · 3 units
1 Bed
$3,670
from $3,275 · 12 units
2 Bed
$4,839
from $4,465 · 5 units
3 Bed
$5,436
from $5,225 · 3 units

Rent Prices by Apartment in Pico

Property Starting at Average Units Rating
The Charlie Santa Monica $3,175/mo $4,106/mo 9 4.2
Catherine Santa Monica $3,189/mo $4,087/mo 14 4.1

Frequently Asked Questions About Rent in Pico

How many bedrooms are you looking for?

How many bedrooms are you looking for?

Scroll or tap to choose.
Any bedrooms

What is the average rent in Pico?
The average listed apartment rent in Pico is $4,094 per month, as of October 20, 2026. This sample includes 23 priced apartments in 2 buildings. These are tracked asking prices, not signed leases.

What rent range can I find in Pico?
The apartment listings we track in Pico range from $3,175 to $5,903 per month, as of October 20, 2026. These are the lowest and highest listed prices. They are not a typical price for every apartment. The building, floor plan, and lease terms can affect the price.

Are rents going up or down in Pico?
There is not enough comparable history to report a reliable 30-day rent change for apartment listings in Pico. Missing dates or a change in the buildings we track can prevent a comparison. Missing history does not mean rents stayed flat.

How much is a studio apartment in Pico?
Studio apartments average $3,208 per month across 3 priced listings in Pico. Listed rents range from $3,175 to $3,261 per month, as of October 20, 2026. Compare apartments with similar floor plans and lease terms.

How much is a 1-bedroom apartment in Pico?
1-bedroom apartments average $3,670 per month across 12 priced listings in Pico. Listed rents range from $3,275 to $4,200 per month, as of October 20, 2026. Compare apartments with similar floor plans and lease terms.

How much is a 2-bedroom apartment in Pico?
2-bedroom apartments average $4,839 per month across 5 priced listings in Pico. Listed rents range from $4,465 to $5,903 per month, as of October 20, 2026. Compare apartments with similar floor plans and lease terms.

How much is a 3-bedroom apartment in Pico?
3-bedroom apartments average $5,436 per month across 3 priced listings in Pico. Listed rents range from $5,225 to $5,595 per month, as of October 20, 2026. Compare apartments with similar floor plans and lease terms.

How do 1-bedroom and 2-bedroom rents compare in Pico?
The 1-bedroom average is $3,670 per month across 12 listings. The 2-bedroom average is $4,839 across 5 listings, $1,169 (31.9%) higher. This is a comparison of listing groups, not the cost to upgrade a specific apartment.

Which tracked building has the lowest starting rent in Pico?
The Charlie Santa Monica has the lowest starting rent among the buildings in the comparison table, at $3,175 per month. We track 9 priced listings matching your bedroom choice in that building, as of October 20, 2026. The starting price applies to its lowest-priced matching apartment. Check that apartment's latest price and availability.

Which rent range has the most listings in Pico?
The $3,200 to $3,400 monthly range has the most matching listings: 4 units, or 17.4% of the priced apartments we track in Pico. This count does not tell us how fast the apartments rent.

How many apartment listings do you track in Pico?
We track 23 priced units at 2 apartment buildings, as of October 20, 2026. This is not the total number of apartments in those buildings. A listing can change or become unavailable. Open the apartment details to check its latest status.

How much rent history is available for Pico?
We do not yet have enough accepted price records to draw a history chart for apartment listings in Pico. Current asking prices can appear before rent history is ready. We do not fill missing history with zero or with prices for a different bedroom count.

Why can the headline rent differ from the trend chart in Pico?
The average at the top of the page gives each matching apartment equal weight. The chart first averages recorded prices within each building, then compares buildings. It removes the highest and lowest groups when at least ten buildings contribute and omits days with fewer than five buildings. Different dates, building counts, and listing mixes can produce different figures. The monthly table averages the recorded daily figures.

Does my bedroom choice change the prices and answers?
Yes. Your chosen area and bedroom count filter the asking rents, listing counts, rent ranges, and answers on this page. The active community exclusions are Student housing and 55+ community. When you choose a bedroom count, the history chart uses recorded prices for matching apartments with a known identity. If those records are missing, we leave the chart empty rather than use prices for other bedroom types. Open an individual apartment to check its own price history.

Do these rents include utilities, parking, and other fees?
We use the published total monthly rent when it is available and the base rent otherwise. Unknown fees are not zero. Utilities, parking, pet charges, deposits, and one-time costs can add to the amount you pay. Check the selected unit and lease terms for a complete quote.

How should I compare free-rent offers with listed rent?
A free-rent offer can reduce the effective cost over a lease without changing the listed monthly rent. Compare the same lease length and move-in date, then include required charges and the offer conditions. The market averages do not assume an unconfirmed discount.

Does this page represent every rental in the market?
These figures describe the priced apartment listings we track, not every rental home or every occupied apartment. Coverage and the mix of bedrooms, buildings, and locations can change. A lower market average does not prove that the same apartment received a price cut.

How fresh are the Pico rent figures?
We schedule rent updates each day, but buildings can have different price-check dates. The latest accepted price check for these listings was October 20, 2026. The month label does not mean we checked every price today. Open the building or apartment details for its latest price and availability.

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

$164,000/year

Based on the 30 percent rule, using our tracked average rent of $4,094/mo.

Comfortable income

$197,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($3,175/mo), you need to earn at least $127,000/year.

Median household income in Pico is $109,739 , about 44% below the comfortable-living threshold.

Explore Pico Apartments

Browse all 2 communities with daily-updated pricing and availability.

Browse All Apartments Find Your Match

Cost of living in Pico

Overall prices in Pico runs above the national average by about 15% (BEA Regional Price Parity index 114.7, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Pico's regional price parities.

Category Monthly estimate
Rent (market average) $4,094
Utilities $744
Groceries $578
Transportation $1,773
Healthcare $865
Other goods and services $1,384
Estimated total $9,438/mo

Population

91,535

Median household income

$109,739

Census median rent

$2,338/mo

Census rent burden

28.3%

Median age

42.9

Mean commute

26 min

Methodology

Rent data

We use listed asking rents and schedule daily data updates. Individual buildings can have different verification dates. Check the building or unit page for its latest price and availability.

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

We estimate annual income by dividing annual rent by 30 percent for the affordability figure and 25 percent for the comfortable-income figure. These estimates are a guide, not a guarantee of rental approval.

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 were last published in 2023.
California Rent Trends
Compare rent across all California cities
Santa Monica, CA Neighborhood Rent Map
See rent history by neighborhood on a map
Explore Santa Monica, CA on Map
See neighborhoods and rent data interactively
US-wide rent comparison
See how Santa Monica, CA rents stack up against the national median

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