Monthly Rent Report
Pacific Palisades Rent Report — March 2016
Asking rents in ZIP 90272, Los Angeles, from 29 listings.
Median 1BR rent in Pacific Palisades was $2,795 in March 2016, down 22.3% (−$802) from February 2016 and unchanged year-over-year. The middle half of 1BR listings asked between $2,795 and $2,795. That puts Pacific Palisades $1,240 above the Los Angeles citywide 1BR median of $1,555. The month's figures are based on 29 listings across 5 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2016 | Vs. March 2015 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,534 | +$1,939 (+121.6%) | — | $3,049 – $3,668 | 4 |
| 1BR | $2,795 | −$802 (-22.3%) | $0 (0.0%) | $2,795 – $2,795 | 5 |
| 2BR | $6,075 | +$2,653 (+77.5%) | — | $4,350 – $7,800 | 10 |
| 3BR | $7,100 | −$1,800 (-20.2%) | — | $6,650 – $7,100 | 3 |
Median, P25, and P75 are asking rents from listings posted in March 2016. Changes compare against the nearest prior month with data.
Pacific Palisades vs. Los Angeles — March 2016
| Bedrooms | Pacific Palisades Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,534 | $1,200 | +$2,334 (+194.5%) |
| 1BR | $2,795 | $1,555 | +$1,240 (+79.7%) |
| 2BR | $6,075 | $2,196 | +$3,879 (+176.6%) |
| 3BR | $7,100 | $2,916 | +$4,185 (+143.5%) |
Citywide figure is the median of zip-level medians across 140 Los Angeles zip codes with listings in March 2016.