1240 Yale St #116

Renting this studio at $1,995 per month places it in a competitive price bracket for Santa Monica. While it’s reasonably priced for the area, the 500 sqft can feel cramped for more than one person. Our team found that similar apartments in the area can range from $1,800 to $2,200, making this a slightly better deal depending on amenities.

The location is a significant draw, nestled in a vibrant neighborhood with plenty of dining and entertainment options nearby. However, it lacks some modern amenities like in-unit laundry or a gym, which are becoming standard in many rentals. Prospective renters should be ready for a more minimalist lifestyle.

Lastly, with 500 days on the market, this unit's availability may raise questions about its desirability. Potential tenants should visit the property to ensure it meets their expectations. For a full listing, check out Zillow's page here.