Monthly Rent Report
Palms Rent Report — December 2022
Asking rents in ZIP 90034, Los Angeles, from 334 listings.
Median 1BR rent in Palms was $2,245 in December 2022, down 4.3% (−$100) from November 2022 and up 18.2% year-over-year. The middle half of 1BR listings asked between $2,100 and $2,573. That puts Palms $153 above the Los Angeles citywide 1BR median of $2,093. The month's figures are based on 334 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2022 | Vs. December 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,995 | +$345 (+20.9%) | +$395 (+24.7%) | $1,823 – $2,150 | 43 |
| Studio | $2,000 | +$350 (+21.2%) | +$400 (+25.0%) | $1,750 – $2,050 | 3 |
| 1BR | $2,245 | −$100 (-4.3%) | +$345 (+18.2%) | $2,100 – $2,573 | 107 |
| 1BR | $2,495 | +$150 (+6.4%) | +$595 (+31.3%) | $2,373 – $2,495 | 3 |
| 2BR | $2,995 | −$255 (-7.8%) | +$1,100 (+58.0%) | $2,688 – $3,543 | 107 |
| 2BR | $2,395 | −$855 (-26.3%) | +$500 (+26.4%) | $2,229 – $2,695 | 3 |
| 3BR | $6,248 | +$2,348 (+60.2%) | −$1,547 (-19.9%) | $5,621 – $6,874 | 2 |
| 3BR | $3,995 | +$95 (+2.4%) | −$3,800 (-48.7%) | $3,495 – $5,865 | 47 |
| 4BR | $5,995 | −$6,004 (-50.0%) | −$2,255 (-27.3%) | $5,950 – $6,150 | 9 |
| 4BR | $5,995 | −$6,004 (-50.0%) | −$2,255 (-27.3%) | $5,950 – $5,995 | 5 |
Median, P25, and P75 are asking rents from listings posted in December 2022. Changes compare against the nearest prior month with data.
Palms vs. Los Angeles — December 2022
| Bedrooms | Palms Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,995 | $1,795 | +$200 (+11.1%) |
| Studio | $2,000 | $1,795 | +$205 (+11.4%) |
| 1BR | $2,245 | $2,093 | +$153 (+7.3%) |
| 1BR | $2,495 | $2,093 | +$403 (+19.2%) |
| 2BR | $2,995 | $2,795 | +$200 (+7.2%) |
| 2BR | $2,395 | $2,795 | −$400 (-14.3%) |
| 3BR | $6,248 | $4,145 | +$2,103 (+50.7%) |
| 3BR | $3,995 | $4,145 | −$150 (-3.6%) |
| 4BR | $5,995 | $4,998 | +$998 (+20.0%) |
| 4BR | $5,995 | $4,998 | +$998 (+20.0%) |
Citywide figure is the median of zip-level medians across 132 Los Angeles zip codes with listings in December 2022.