Monthly Rent Report
Palms Rent Report — September 2024
Asking rents in ZIP 90034, Los Angeles, from 44 listings.
Median 1BR rent in Palms was $2,125 in September 2024, up 1.4% (+$30) from August 2024 and down 8.1% year-over-year. The middle half of 1BR listings asked between $2,125 and $2,125. That puts Palms $127 above the Los Angeles citywide 1BR median of $1,999. The month's figures are based on 44 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2024 | Vs. September 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,345 | −$450 (-25.1%) | +$50 (+3.9%) | $1,345 – $1,345 | 1 |
| Studio | $1,395 | −$400 (-22.3%) | +$100 (+7.7%) | $1,395 – $1,395 | 1 |
| 1BR | $2,125 | +$30 (+1.4%) | −$187 (-8.1%) | $2,125 – $2,125 | 6 |
| 1BR | $2,095 | $0 (0.0%) | −$217 (-9.4%) | $2,025 – $2,140 | 5 |
| 2BR | $2,950 | +$155 (+5.5%) | +$53 (+1.8%) | $2,861 – $3,001 | 4 |
| 2BR | $2,995 | +$200 (+7.2%) | +$98 (+3.4%) | $2,995 – $2,995 | 1 |
| 3BR | $4,595 | +$1,220 (+36.1%) | +$1,295 (+39.2%) | $4,595 – $4,595 | 1 |
| 3BR | $4,300 | +$925 (+27.4%) | +$1,000 (+30.3%) | $3,447 – $4,300 | 6 |
| 4BR | $5,500 | −$1,495 (-21.4%) | −$450 (-7.6%) | $5,500 – $5,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in September 2024. Changes compare against the nearest prior month with data.
Palms vs. Los Angeles — September 2024
| Bedrooms | Palms Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,345 | $1,755 | −$410 (-23.4%) |
| Studio | $1,395 | $1,755 | −$360 (-20.5%) |
| 1BR | $2,125 | $1,999 | +$127 (+6.3%) |
| 1BR | $2,095 | $1,999 | +$97 (+4.8%) |
| 2BR | $2,950 | $2,795 | +$155 (+5.5%) |
| 2BR | $2,995 | $2,795 | +$200 (+7.2%) |
| 3BR | $4,595 | $3,850 | +$745 (+19.4%) |
| 3BR | $4,300 | $3,850 | +$450 (+11.7%) |
| 4BR | $5,500 | $4,995 | +$505 (+10.1%) |
Citywide figure is the median of zip-level medians across 142 Los Angeles zip codes with listings in September 2024.