Monthly Rent Report
Palms Rent Report — November 2022
Asking rents in ZIP 90034, Los Angeles, from 187 listings.
Median 1BR rent in Palms was $2,345 in November 2022, down 6.0% (−$150) from October 2022 and up 29.6% year-over-year. The middle half of 1BR listings asked between $2,148 and $2,670. That puts Palms $279 above the Los Angeles citywide 1BR median of $2,066. The month's figures are based on 187 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2022 | Vs. November 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,980 | +$530 (+36.6%) | +$595 (+43.0%) | $1,821 – $2,308 | 128 |
| Studio | $1,650 | +$200 (+13.8%) | +$265 (+19.1%) | $1,650 – $1,650 | 1 |
| 1BR | $2,345 | −$150 (-6.0%) | +$535 (+29.6%) | $2,148 – $2,670 | 11 |
| 1BR | $1,895 | −$600 (-24.0%) | +$85 (+4.7%) | $1,895 – $2,145 | 3 |
| 2BR | $3,250 | −$550 (-14.5%) | +$603 (+22.8%) | $2,645 – $3,498 | 7 |
| 2BR | $3,650 | −$150 (-3.9%) | +$1,003 (+37.9%) | $3,156 – $3,995 | 16 |
| 3BR | $3,900 | −$597 (-13.3%) | +$678 (+21.0%) | $3,841 – $5,738 | 16 |
| 3BR | $3,350 | −$1,147 (-25.5%) | +$128 (+4.0%) | $3,350 – $3,350 | 1 |
| 4BR | $11,999 | +$5,499 (+84.6%) | +$1,999 (+20.0%) | $11,999 – $11,999 | 1 |
| 4BR | $6,250 | −$250 (-3.8%) | −$3,750 (-37.5%) | $6,250 – $6,250 | 2 |
Median, P25, and P75 are asking rents from listings posted in November 2022. Changes compare against the nearest prior month with data.
Palms vs. Los Angeles — November 2022
| Bedrooms | Palms Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,980 | $1,695 | +$285 (+16.8%) |
| Studio | $1,650 | $1,695 | −$45 (-2.7%) |
| 1BR | $2,345 | $2,066 | +$279 (+13.5%) |
| 1BR | $1,895 | $2,066 | −$171 (-8.3%) |
| 2BR | $3,250 | $2,873 | +$378 (+13.1%) |
| 2BR | $3,650 | $2,873 | +$778 (+27.1%) |
| 3BR | $3,900 | $3,700 | +$200 (+5.4%) |
| 3BR | $3,350 | $3,700 | −$350 (-9.5%) |
| 4BR | $11,999 | $5,000 | +$6,999 (+140.0%) |
| 4BR | $6,250 | $5,000 | +$1,250 (+25.0%) |
Citywide figure is the median of zip-level medians across 132 Los Angeles zip codes with listings in November 2022.