Average Rent in Pacific Palisades, Los Angeles, CA

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Current Versus Historical Pacific Palisades, Los Angeles, CA Rents

Pacific Palisades rentals average $3,198 for a 1-bedroom rental to $27,500 for a 4-bedroom rental. The median price of all currently available listings is $17,200, or roughly $5 per square feet.
For the apartment units and housing in April 2024, median rents have fallen substantiallyover the last year. Studio rentals prices have decreased by $798 (-35.51%) year-over-year from $2,248 to $1,450. 1-bedroom rentals prices have decreased by $4,808 (-64.90%) year-over-year from $7,408 to $2,600. 2-bedroom rentals prices have decreased by $1,085 (-18.45%) year-over-year from $5,883 to $4,798. 3-bedroom rentals prices have increased by $50 (0.56%) year-over-year from $8,949 to $8,999. 4-bedroom rentals prices have decreased by $5,833 (-22.58%) year-over-year from $25,833 to $20,000. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 0.00% this month. 1-bedroom rents have gone down by 1.22% this month. 2-bedroom rents have gone down by 5.90% this month. 3-bedroom rents have gone up by 0.09% this month. 4-bedroom rents have gone up by 50.07% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $3.73 $2,600 $7,408 (-64.90%) $3,306 (-21.36%)
2 BR $4.26 $4,798 $5,883 (-18.45%) $5,566 (-13.80%)
3 BR $4.34 $8,999 $8,949 (0.56%) $7,332 (22.74%)
4+ BR $5.86 $20,000 $25,833 (-22.58%) $16,067 (24.48%)

Historical Rents in Pacific Palisades, Los Angeles, CA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Pacific Palisades

There are a total of 18 cities nearby Pacific Palisades. The average rent in Pacific Palisades is currently $4,348 per month. A total of 17 cities nearby have an average rent lower than that. Our records show that Costa Mesa, CA, with an average rent of $2,677, is the most affordable city nearby. In contrast, the most expensive city near Pacific Palisades, Los Angeles, CA is Malibu, CA. Monthly rents here are on average $29,500 per month.

Let's compare Pacific Palisades, Los Angeles, CA's rent against other top cities nearby by bedroom size. Typically, rent for studios in Pacific Palisades, Los Angeles, CA is inf% more affordable than other cities nearby. One bedrooms are about 17.19% more expensive. Two bedrooms in Pacific Palisades, Los Angeles, CA are about 39.30% more expensive. Finally, rent for three bedrooms are about 43.58% more expensive. Want more information? Check out the top 10 cities out of 18 total cities near Pacific Palisades, Los Angeles, CA in the following chart.
City Studio 1 Bed 2 Bed All
Costa Mesa, CA $2,025 $2,533 $3,284 $2,677
Long Beach, CA $1,995 $2,245 $2,800 $2,757
Santa Clarita, CA N/A $2,400 $2,950 $2,933
Glendale, CA $1,995 $2,100 $2,930 $2,961
Huntington Beach, CA $2,150 $2,824 $3,434 $3,700
Los Angeles, CA $1,997 $2,683 $3,960 $4,400
West Hollywood, CA $2,750 $3,100 $5,500 $5,245
Santa Monica, CA $2,609 $3,092 $5,995 $6,298
Beverly Hills, CA $2,073 $3,400 $6,048 $10,800
Malibu, CA $6,998 $5,950 $7,925 $29,500

Top Neighborhoods Near Pacific Palisades

There are a total of 15 neighborhoods in or near Pacific Palisades. Some of these neighborhoods include Historic Cultural, Wilshire Center - Koreatown, and Irvine Business Complex. We've included all of these top 15 neighborhoods in or near Pacific Palisades, Los Angeles, CA in the following chart.

The average rent for these 15 neighborhoods in or near Pacific Palisades, Los Angeles, CA is currently around $4,698 per month. A total of 14 neighborhoods have a lower average rent. Meaning, only a single neighborhood out of these neighborhoods has a higher average rent. Out of all the neighborhoods in or near Pacific Palisades, Historic Cultural has the most affordable average rent at $2,455 per month. Whereas, at $19,500 average rent per month, Bel Air-Beverly Crest is the most expensive neighborhood in or near Pacific Palisades. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Historic Cultural, Los Angeles, CA $2,008 $2,430 $2,977 $2,455
Wilshire Center - Koreatown, Los Angeles, CA $1,767 $2,298 $3,087 $2,500
Irvine Business Complex, Irvine, CA $2,523 $2,721 $3,924 $3,012
Mid-Town North Hollywood, Los Angeles, CA $2,200 $2,639 $3,183 $3,058
Downtown Los Angeles, Los Angeles, CA $2,155 $2,875 $4,298 $3,200
Westchester-Playa Del Rey, Los Angeles, CA $2,411 $2,977 $3,900 $3,745
Marina del Rey, Los Angeles, CA $2,467 $3,001 $4,067 $3,828
Woodland Hills-Warner Center, Los Angeles, CA N/A $2,405 $3,050 $4,698
Westwood, Los Angeles, CA $3,195 $3,995 $5,195 $5,375
Venice, Los Angeles, CA $2,169 $3,453 $4,955 $5,650
Hollywood Hills West, Los Angeles, CA $1,938 $2,428 $4,268 $6,059
Mid-City West, Los Angeles, CA $1,675 $3,295 $5,775 $6,850
Sherman Oaks, Los Angeles, CA $2,081 $2,051 $3,225 $7,393
Westside, Los Angeles, CA $2,573 $3,750 $12,100 $9,350
Bel Air-Beverly Crest, Los Angeles, CA N/A $3,650 $6,875 $19,500

Top Counties Near Pacific Palisades

There are a total of 15 counties located by Pacific Palisades, Los Angeles, CA. Some of these counties include Ventura, CA, Los Angeles, CA, and Orange, CA. The average rent for rentals in these counties is $4,025. That's roughly around $3 per sqft. A total of 3 counties have a lower average rent. The county that is the most affordable is Ventura, CA. It's average rent per month is $3,495. Vice versa, with an average rent of $4,300, Orange, CA is the most expensive county by Pacific Palisades, Los Angeles, CA.

Typically, rent for studios in Pacific Palisades, Los Angeles, CA is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Pacific Palisades, Los Angeles, CA is 21.19% more expensive than other counties nearby. Finally, rent for two bedrooms in Pacific Palisades, Los Angeles, CA is 42.95% more expensive than other counties nearby. We've listed the top 3 counties in the chart below.
County Studio 1 Bed 2 Bed All
Ventura, CA $1,750 $2,125 $2,995 $3,495
Los Angeles, CA $1,995 $2,520 $3,700 $4,025
Orange, CA $2,075 $2,614 $3,423 $4,300

Top Zipcodes Near Pacific Palisades

There are a total of 21 zipcodes in or near Pacific Palisades, Los Angeles, CA. The average rent for all of these zipcodes is $5,473. A total of 19 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 92663, Newport Beach, CA at $2,583 per month. In comparison, the zipcode with the most expensive average rent of $25,000 per month is 90210, Los Angeles, CA.

Studios in these zipcodes have an average rent of $2,025. That's at least $4 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Pacific Palisades, Los Angeles, CA is $2,795 per month. Or in other words, $4 per sqft. Meanwhile, two bedroom apartments will cost you an average of $4,525 per month. Which comes out to $4 per sqft. The following chart includes the top 10 zipcodes in Pacific Palisades, Los Angeles, CA. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
90049, Los Angeles, CA N/A $2,695 $5,495 $6,095
90025, Los Angeles, CA $2,450 $2,599 $3,998 $3,800
90024, Los Angeles, CA $3,195 $3,998 $4,948 $5,473
90291, Los Angeles, CA $2,900 $5,698 $5,875 $6,775
90292, Marina del Rey, CA $2,169 $3,014 $4,098 $3,895
90210, Los Angeles, CA N/A $11,000 $17,500 $25,000
90048, Los Angeles, CA $1,975 $3,295 $6,570 $6,998
90069, Los Angeles, CA $3,299 $4,250 $6,875 $7,999
90046, Los Angeles, CA $1,938 $2,389 $4,525 $6,750
90028, Los Angeles, CA $2,050 $2,310 $3,895 $2,973

Frequently Asked Questions - Pacific Palisades Average Rents

What is the average rent price in Pacific Palisades, Los Angeles, CA?
The average monthly rental price for Pacific Palisades, Los Angeles, CA apartments for rent is approximately $17,200. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Pacific Palisades, Los Angeles, CA rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Pacific Palisades, Los Angeles, CA.
How much is a studio apartment in Pacific Palisades, Los Angeles, CA?
The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 0 studio apartment listings currently available for rent in Pacific Palisades.
How much is a one bedroom apartment in Pacific Palisades, Los Angeles, CA?
The average monthly rental price for one bedroom apartments is $3,198 and an average price per square feet of $3.73. There are a total of 2 one bedroom apartment listings currently available for rent in Pacific Palisades.
How much is a two bedroom apartment in Pacific Palisades, Los Angeles, CA?
The average monthly rental price for two bedroom apartments is $6,000 and an average price per square feet of $4.26. There are a total of 6 two bedroom apartment listings currently available for rent in Pacific Palisades.
How have rent prices in Pacific Palisades, Los Angeles, CA changed this year?
Rent prices for rentals in Pacific Palisades, Los Angeles, CA can fluctuate yearly. Specifically, studio rental prices have changed by -0.36%, one bedroom rental prices have changed by -0.65%, two bedroom rental prices have changed by -0.18%, and three bedroom rental prices have changed by 0.01% year-over-year.
What is a reasonable rent price in Pacific Palisades, Los Angeles, CA?
A reasonable rent price in Pacific Palisades, Los Angeles, CA is around $13,760/month. You can search for these reasonably priced rental listings on RentHop.
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