Monthly Rent Report
Palms Rent Report — October 2022
Asking rents in ZIP 90034, Los Angeles, from 63 listings.
Median 1BR rent in Palms was $2,495 in October 2022, up 22.0% (+$450) from September 2022 and up 31.7% year-over-year. The middle half of 1BR listings asked between $2,145 and $2,748. That puts Palms $399 above the Los Angeles citywide 1BR median of $2,096. The month's figures are based on 63 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2022 | Vs. October 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,950 | +$155 (+8.6%) | +$305 (+18.5%) | $1,923 – $2,100 | 3 |
| Studio | $1,450 | −$345 (-19.2%) | −$195 (-11.9%) | $1,450 – $1,450 | 1 |
| 1BR | $2,495 | +$450 (+22.0%) | +$600 (+31.7%) | $2,145 – $2,748 | 19 |
| 1BR | $2,448 | +$403 (+19.7%) | +$553 (+29.2%) | $1,995 – $2,750 | 6 |
| 2BR | $3,800 | +$1,275 (+50.5%) | +$1,105 (+41.0%) | $3,098 – $4,150 | 3 |
| 2BR | $2,998 | +$473 (+18.7%) | +$303 (+11.2%) | $2,613 – $3,412 | 14 |
| 3BR | $8,100 | +$3,538 (+77.5%) | +$4,650 (+134.8%) | $8,100 – $8,100 | 1 |
| 3BR | $4,498 | −$65 (-1.4%) | +$1,048 (+30.4%) | $4,495 – $4,500 | 6 |
| 4BR | $6,500 | −$3,000 (-31.6%) | −$1,495 (-18.7%) | $6,295 – $10,875 | 8 |
| 4BR | $8,500 | −$1,000 (-10.5%) | +$505 (+6.3%) | $7,500 – $9,500 | 2 |
Median, P25, and P75 are asking rents from listings posted in October 2022. Changes compare against the nearest prior month with data.
Palms vs. Los Angeles — October 2022
| Bedrooms | Palms Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,950 | $1,795 | +$155 (+8.6%) |
| Studio | $1,450 | $1,795 | −$345 (-19.2%) |
| 1BR | $2,495 | $2,096 | +$399 (+19.0%) |
| 1BR | $2,448 | $2,096 | +$352 (+16.8%) |
| 2BR | $3,800 | $2,900 | +$900 (+31.0%) |
| 2BR | $2,998 | $2,900 | +$98 (+3.4%) |
| 3BR | $8,100 | $3,948 | +$4,153 (+105.2%) |
| 3BR | $4,498 | $3,948 | +$550 (+13.9%) |
| 4BR | $6,500 | $4,838 | +$1,663 (+34.4%) |
| 4BR | $8,500 | $4,838 | +$3,663 (+75.7%) |
Citywide figure is the median of zip-level medians across 129 Los Angeles zip codes with listings in October 2022.