Average Rent in Palms, Los Angeles, CA

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Current Versus Historical Palms, Los Angeles, CA Rents

Palms rentals average $1,850 for a studio rental to $4,995 for a 4-bedroom rental. The median price of all currently available listings is $3,360, or roughly $52 per square feet.
For the apartment units and housing in October 2026, median rents have risen substantially over the last year. Studio rentals prices have decreased by $400 (-17.38%) year-over-year from $2,300 to $1,900. 1-bedroom rentals prices have increased by $587 (20.17%) year-over-year from $2,908 to $3,495. 2-bedroom rentals prices have decreased by $58 (-1.49%) year-over-year from $3,906 to $3,848. 3-bedroom rentals prices have increased by $892 (20.96%) year-over-year from $4,256 to $5,148. 4-bedroom rentals prices have decreased by $1,329 (-21.02%) year-over-year from $6,324 to $4,995. 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 up by 2.75% this month. 1-bedroom rents have gone up by 23.90% this month. 2-bedroom rents have gone up by 16.83% this month. 3-bedroom rents have gone up by 7.65% this month. 4-bedroom rents have gone down by 12.02% this month.
Beds
Price / Sqft
Oct 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $57.00 $1,900 $2,300 (-17.38%) $1,803 (5.41%)
1 BR $57.07 $3,495 $2,908 (20.17%) $2,397 (45.83%)
2 BR $48.08 $3,848 $3,906 (-1.49%) $3,028 (27.05%)
3 BR $39.96 $5,148 $4,256 (20.96%) $4,331 (18.84%)
4+ BR $35.54 $4,995 $6,324 (-21.02%) $4,475 (11.62%)

Historical Rents in Palms, Los Angeles, CA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Palms

There are a total of 37 cities nearby Palms. The average rent in Palms is currently $4,150 per month. A total of 10 cities nearby have an average rent lower than that. Our records show that Hawthorne, CA, with an average rent of $1,950, is the most affordable city nearby. In contrast, the most expensive city near Palms, Los Angeles, CA is Malibu, CA. Monthly rents here are on average $25,000 per month.

Let's compare Palms, Los Angeles, CA's rent against other top cities nearby by bedroom size. Typically, rent for studios in Palms, Los Angeles, CA is 2.97% more expensive than other cities nearby. One bedrooms are about 24.98% more expensive. Two bedrooms in Palms, Los Angeles, CA are about 14.00% more expensive. Finally, rent for three bedrooms are about 8.79% more expensive. Want more information? Check out the top 10 cities out of 37 total cities near Palms, Los Angeles, CA in the following table.
City Studio 1 Bed 2 Bed All
Hawthorne, CA $1,650 $1,795 $2,460 $1,950
Inglewood, CA $1,700 $2,098 $2,500 $2,495
Culver City, CA $3,000 $2,425 $3,400 $3,500
Los Angeles, CA $1,749 $2,295 $3,395 $3,656
West Hollywood, CA $2,220 $3,150 $5,550 $4,195
Santa Monica, CA $2,350 $3,188 $5,000 $4,500
Redondo Beach, CA $2,460 $2,638 $3,850 $4,550
Beverly Hills, CA $2,600 $3,150 $4,800 $7,500
Hermosa Beach, CA N/A $3,900 $5,500 $9,500
Manhattan Beach, CA $3,900 $5,875 $7,398 $9,648

Top Neighborhoods Near Palms

There are a total of 69 neighborhoods in or near Palms. Some of these neighborhoods include MacArthur Park, Wilshire Center - Koreatown, and Park Mesa Heights. We've included the top 30 neighborhoods out of 69 total neighborhoods in or near Palms, Los Angeles, CA in the following table.

The average rent for these 30 neighborhoods in or near Palms, Los Angeles, CA is currently around $3,758 per month. A total of 24 neighborhoods have a lower average rent. Meaning, only six neighborhoods have a higher average rent than $3,758. Interestingly, the neighborhoods' average rent is higher than Palms's average rent, which is only $3,360. Out of all the neighborhoods in or near Palms, Westlake has the most affordable average rent at $1,234 per month. Whereas, at $18,500 average rent per month, Bel Air-Beverly Crest is the most expensive neighborhood in or near Palms. View the following table for more information.
Neighborhood Studio 1 Bed 2 Bed All
MacArthur Park, Los Angeles, CA $1,450 $1,850 $2,945 $1,750
Wilshire Center - Koreatown, Los Angeles, CA $1,475 $1,995 $2,900 $2,148
Park Mesa Heights, Los Angeles, CA $2,200 $1,825 $2,423 $2,200
Congress West, Los Angeles, CA $1,696 $1,745 $2,700 $2,200
Pico Union, Los Angeles, CA $1,398 $1,688 $2,490 $2,280
Rampart Village, Los Angeles, CA $1,522 $1,750 $2,900 $2,373
Hollywood Studio District, Los Angeles, CA $1,500 $1,845 $2,700 $2,395
Congress North, Los Angeles, CA $1,685 $1,850 $2,200 $2,400
Olympic Park, Los Angeles, CA $1,660 $1,900 $2,745 $2,800
UNNC, Los Angeles, CA $1,495 $1,975 $2,900 $2,900
Central Hollywood, Los Angeles, CA $1,600 $2,050 $2,850 $3,199
West Adams, Los Angeles, CA $1,900 $1,895 $2,600 $3,291
Mar Vista, Los Angeles, CA $1,900 $2,749 $3,080 $3,455
Greater Wilshire, Los Angeles, CA $1,690 $2,300 $2,900 $3,495
West Los Angeles, Los Angeles, CA $1,795 $2,298 $3,900 $3,750
Mid City, Los Angeles, CA $1,960 $2,100 $2,563 $3,850
South Robertson, Los Angeles, CA $1,775 $2,395 $3,895 $4,079
Wilshire-Montana, Santa Monica, CA $1,890 $3,273 $5,300 $4,115
Mid-City, Santa Monica, CA N/A $2,895 $4,295 $4,150
Marina del Rey, Los Angeles, CA $2,503 $3,250 $4,548 $4,203
Westchester-Playa Del Rey, Los Angeles, CA $1,542 $2,805 $4,250 $4,250
PICO, Los Angeles, CA $1,898 $2,250 $3,995 $4,500
Mid-City West, Los Angeles, CA $1,710 $2,995 $4,097 $4,598
Ocean Park, Santa Monica, CA $2,450 $3,250 $5,900 $4,695
Westside, Los Angeles, CA $1,895 $2,397 $4,750 $4,998
Westwood, Los Angeles, CA $2,290 $3,325 $5,000 $5,048
Venice, Los Angeles, CA $2,185 $3,100 $6,200 $6,309
Brentwood, Los Angeles, CA $1,957 $3,650 $4,999 $9,750
Pacific Palisades, Los Angeles, CA $2,500 $3,400 $4,985 $12,375
Bel Air-Beverly Crest, Los Angeles, CA $2,200 $4,625 $7,600 $18,500

Top Counties Near Palms

There are a total of 3 counties located by Palms, Los Angeles, CA. Some of these counties include Los Angeles, CA, Ventura, CA, and Orange, CA. The average rent for rentals in these counties is $3,999. That's roughly around $39 per sqft. The county that is the most affordable is Los Angeles, CA. Its average rent per month is $3,595. Vice versa, with an average rent of $4,800, Orange, CA is the most expensive county by Palms, Los Angeles, CA.

Typically, rent for studios in Palms, Los Angeles, CA is 3.38% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Palms, Los Angeles, CA is 26.52% more expensive than other counties nearby. Finally, rent for two bedrooms in Palms, Los Angeles, CA is 18.94% more expensive than other counties nearby. We've listed all of these counties in the table below.
County Studio 1 Bed 2 Bed All
Los Angeles, CA $1,725 $2,250 $3,200 $3,595
Ventura, CA $1,913 $2,400 $2,900 $3,999
Orange, CA $2,600 $2,650 $3,598 $4,800

Top Zipcodes Near Palms

There are a total of 48 zipcodes in or near Palms, Los Angeles, CA. The average rent for all of these zipcodes is $3,711. A total of 19 zipcodes have an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 90020, Los Angeles, CA at $2,000 per month. In comparison, the zipcode with the most expensive average rent of $24,500 per month is 90210, Los Angeles, CA.

Studios in these zipcodes have an average rent of $1,797. That's at least $47 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Palms, Los Angeles, CA is $2,383 per month. Or in other words, $41 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,374 per month. Which comes out to $37 per sqft. The following table includes the top 10 zipcodes in Palms, Los Angeles, CA. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
90034, Los Angeles, CA $1,900 $2,650 $3,600 $3,700
90230, Culver City, CA $3,000 $2,550 $3,400 $3,450
90064, Los Angeles, CA $1,723 $2,748 $3,695 $4,223
90066, Los Angeles, CA $1,750 $2,473 $3,600 $3,950
90035, Los Angeles, CA $2,173 $2,500 $3,900 $4,145
90016, Los Angeles, CA $2,200 $2,000 $2,650 $3,254
90025, Los Angeles, CA $1,795 $2,370 $3,995 $3,975
90405, Santa Monica, CA $2,350 $2,873 $5,750 $4,000
90008, Los Angeles, CA $1,696 $1,698 $2,495 $2,149
90292, Marina del Rey, CA $2,400 $4,059 $6,498 $5,595

Frequently Asked Questions - Palms Average Rents

What is the average rent price in Palms, Los Angeles, CA?
The average monthly rental price for Palms, Los Angeles, CA apartments for rent is approximately $3,360. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Palms, 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 Palms, Los Angeles, CA.
How much is a studio apartment in Palms, Los Angeles, CA?
The average monthly rental price for studio apartments is $1,850 and an average price per square feet of $57.00. There are a total of 13 studio apartment listings currently available for rent in Palms.
How much is a one bedroom apartment in Palms, Los Angeles, CA?
The average monthly rental price for one bedroom apartments is $3,266 and an average price per square feet of $57.07. There are a total of 55 one bedroom apartment listings currently available for rent in Palms.
How much is a two bedroom apartment in Palms, Los Angeles, CA?
The average monthly rental price for two bedroom apartments is $3,948 and an average price per square feet of $48.08. There are a total of 30 two bedroom apartment listings currently available for rent in Palms.
How have rent prices in Palms, Los Angeles, CA changed this year?
Rent prices for rentals in Palms, Los Angeles, CA can fluctuate yearly. Specifically, studio rental prices have changed by -0.17%, one bedroom rental prices have changed by 0.20%, two bedroom rental prices have changed by -0.01%, three bedroom rental prices have changed by 0.21% year-over-year.
What is a reasonable rent price in Palms, Los Angeles, CA?
A reasonable rent price in Palms, Los Angeles, CA is around $2,688/month. You can search for these reasonably priced rental listings on RentHop.