Average Rent in Palms, Los Angeles, CA

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Current Versus Historical Palms, Los Angeles, CA Rents

Palms rentals average $2,235 for a studio rental to $6,045 for a 4-bedroom rental. The median price of all currently available listings is $3,395, or roughly $50 per square feet.
For the apartment units and housing in July 2026, median rents have risen substantially over the last year. Studio rentals prices have increased by $313 (16.39%) year-over-year from $1,912 to $2,225. 1-bedroom rentals prices have increased by $1,005 (38.78%) year-over-year from $2,590 to $3,595. 2-bedroom rentals prices have increased by $975 (30.71%) year-over-year from $3,175 to $4,150. 3-bedroom rentals prices have decreased by $107 (-2.10%) year-over-year from $5,069 to $4,963. 4-bedroom rentals prices have increased by $1,000 (19.82%) year-over-year from $5,045 to $6,045. 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 8.11% this month. 1-bedroom rents have gone up by 23.18% this month. 2-bedroom rents have gone up by 19.74% this month. 3-bedroom rents have gone up by 7.90% this month. 4-bedroom rents have gone up by 6.10% this month.
Beds
Price / Sqft
Jul 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $61.80 $2,225 $1,912 (16.39%) $1,760 (26.40%)
1 BR $57.07 $3,595 $2,590 (38.78%) $2,456 (46.37%)
2 BR $47.33 $4,150 $3,175 (30.71%) $2,995 (38.56%)
3 BR $45.88 $4,963 $5,069 (-2.10%) $4,081 (21.60%)
4+ BR $41.93 $6,045 $5,045 (19.82%) $4,699 (28.63%)

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 $4,298 per month. A total of 8 cities nearby have an average rent lower than that. Our records show that Hawthorne, CA, with an average rent of $2,325, 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 $22,500 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 23.94% more expensive than other cities nearby. One bedrooms are about 25.87% more expensive. Two bedrooms in Palms, Los Angeles, CA are about 8.00% more expensive. Finally, rent for three bedrooms are about 6.23% 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 $1,500 $1,768 $2,495 $2,325
Inglewood, CA $1,700 $1,995 $2,650 $2,625
Los Angeles, CA $1,700 $2,298 $3,400 $3,700
West Hollywood, CA $2,150 $3,295 $5,995 $4,500
Culver City, CA N/A $2,498 $3,995 $4,600
Santa Monica, CA $2,350 $2,995 $5,350 $4,750
Redondo Beach, CA $2,200 $2,704 $3,950 $4,945
Hermosa Beach, CA N/A $3,600 $4,800 $8,500
Beverly Hills, CA $1,950 $3,395 $4,850 $10,798
Manhattan Beach, CA $3,850 $2,650 $5,450 $14,900

Top Neighborhoods Near Palms

There are a total of 67 neighborhoods in or near Palms. Some of these neighborhoods include MacArthur Park, Pico Union, and Wilshire Center - Koreatown. We've included the top 30 neighborhoods out of 67 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 $3,795 per month. A total of 22 neighborhoods have a lower average rent. Meaning, only eight neighborhoods have a higher average rent than $3,795. Interestingly, the neighborhoods' average rent is higher than Palms's average rent, which is only $3,395. Out of all the neighborhoods in or near Palms, Westlake has the most affordable average rent at $1,266 per month. Whereas, at $19,498 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 $1,225 $2,200 $3,197 $1,550
Pico Union, Los Angeles, CA $1,395 $1,800 $2,499 $2,006
Wilshire Center - Koreatown, Los Angeles, CA $1,399 $2,007 $2,795 $2,092
Voices of 90037, Los Angeles, CA $1,295 $1,798 $2,400 $2,498
Congress North, Los Angeles, CA $1,688 $1,691 $2,398 $2,500
UNNC, Los Angeles, CA $1,447 $1,948 $2,500 $2,600
Hollywood Studio District, Los Angeles, CA $1,535 $1,925 $3,208 $2,800
Congress West, Los Angeles, CA $1,495 $1,695 $2,995 $2,945
Greater Wilshire, Los Angeles, CA $2,047 $2,140 $3,199 $3,150
Central Hollywood, Los Angeles, CA $1,445 $2,150 $3,600 $3,200
Mar Vista, Los Angeles, CA $2,795 $2,698 $3,224 $3,498
Olympic Park, Los Angeles, CA $1,673 $2,098 $2,995 $3,500
West Adams, Los Angeles, CA $2,250 $1,775 $2,870 $3,752
West Los Angeles, Los Angeles, CA $1,874 $2,500 $3,750 $3,795
South Robertson, Los Angeles, CA $2,200 $2,345 $3,425 $3,798
Westchester-Playa Del Rey, Los Angeles, CA $1,505 $2,840 $4,195 $4,100
Mid City, Los Angeles, CA $1,495 $1,923 $2,545 $4,217
Marina del Rey, Los Angeles, CA $2,161 $3,031 $4,897 $4,350
Wilshire-Montana, Santa Monica, CA $2,200 $2,950 $4,998 $4,398
PICO, Los Angeles, CA $1,980 $2,377 $3,795 $4,448
Mid-City West, Los Angeles, CA $1,750 $2,995 $4,425 $4,800
Mid-City, Santa Monica, CA $2,400 $2,948 $5,150 $4,995
Westwood, Los Angeles, CA $2,150 $3,000 $4,950 $5,000
Westside, Los Angeles, CA $2,125 $2,795 $4,195 $5,250
Ocean Park, Santa Monica, CA $2,423 $3,100 $7,305 $5,495
Venice, Los Angeles, CA $2,298 $3,298 $5,973 $6,273
Brentwood, Los Angeles, CA $1,682 $2,995 $4,900 $6,325
North of Montana, Santa Monica, CA $4,500 $4,125 $8,995 $11,000
Pacific Palisades, Los Angeles, CA $1,800 $3,166 $5,749 $18,500
Bel Air-Beverly Crest, Los Angeles, CA $2,200 $2,825 $7,000 $19,498

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 $4,100. That's roughly around $38 per sqft. The county that is the most affordable is Los Angeles, CA. Its average rent per month is $3,600. Vice versa, with an average rent of $4,963, Orange, CA is the most expensive county by Palms, Los Angeles, CA.

Typically, rent for studios in Palms, Los Angeles, CA is 3.80% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Palms, Los Angeles, CA is 25.87% more expensive than other counties nearby. Finally, rent for two bedrooms in Palms, Los Angeles, CA is 13.33% 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 $1,700 $2,250 $3,250 $3,600
Ventura, CA $2,150 $2,500 $3,000 $4,100
Orange, CA $2,575 $2,595 $3,600 $4,963

Top Zipcodes Near Palms

There are a total of 47 zipcodes in or near Palms, Los Angeles, CA. The average rent for all of these zipcodes is $3,750. A total of 20 zipcodes have an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 90006, Los Angeles, CA at $2,029 per month. In comparison, the zipcode with the most expensive average rent of $23,500 per month is 90210, Los Angeles, CA.

Studios in these zipcodes have an average rent of $1,733. That's at least $45 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 $2,450 per month. Or in other words, $40 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,353 per month. Which comes out to $39 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 $2,650 $3,343 $3,295 $3,363
90064, Los Angeles, CA $2,300 $2,498 $3,298 $4,950
90066, Los Angeles, CA $2,198 $2,545 $3,695 $4,350
90035, Los Angeles, CA $2,273 $2,450 $3,495 $3,873
90016, Los Angeles, CA $1,873 $1,860 $2,648 $3,752
90025, Los Angeles, CA $1,924 $2,495 $3,894 $3,950
90405, Santa Monica, CA $2,395 $2,988 $5,995 $3,950
90008, Los Angeles, CA $1,495 $1,745 $2,895 $2,548
90292, Marina del Rey, CA $2,628 $3,665 $5,775 $5,448
90024, Los Angeles, CA $2,100 $3,260 $5,025 $5,095

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 $3,395. 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 $2,235 and an average price per square feet of $61.80. There are a total of 18 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 $3,373 and an average price per square feet of $57.07. There are a total of 42 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 $3,750 and an average price per square feet of $47.33. 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 0.16%, one bedroom rental prices have changed by 0.39%, two bedroom rental prices have changed by 0.31%, three bedroom rental prices have changed by -0.02% 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 $2,716/month. You can search for these reasonably priced rental listings on RentHop.
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