Monthly Rent Report
Palms Rent Report — November 2024
Asking rents in ZIP 90034, Los Angeles, from 79 listings.
Median 1BR rent in Palms was $2,888 in November 2024, up 31.5% (+$693) from October 2024 and up 34.5% year-over-year. The middle half of 1BR listings asked between $2,181 and $3,819. That puts Palms $815 above the Los Angeles citywide 1BR median of $2,073. The month's figures are based on 79 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2024 | Vs. November 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,175 | +$826 (+35.1%) | +$1,350 (+74.0%) | $3,175 – $3,175 | 1 |
| Studio | $1,800 | −$549 (-23.4%) | −$25 (-1.4%) | $1,800 – $1,800 | 3 |
| 1BR | $2,888 | +$693 (+31.5%) | +$740 (+34.5%) | $2,181 – $3,819 | 4 |
| 1BR | $2,298 | +$103 (+4.7%) | +$150 (+7.0%) | $2,063 – $2,495 | 18 |
| 2BR | $2,750 | +$55 (+2.0%) | +$190 (+7.4%) | $2,695 – $2,898 | 29 |
| 2BR | $3,073 | +$378 (+14.0%) | +$513 (+20.0%) | $2,849 – $3,150 | 6 |
| 3BR | $3,450 | +$305 (+9.7%) | +$150 (+4.5%) | $3,450 – $3,450 | 1 |
| 3BR | $3,100 | −$45 (-1.4%) | −$200 (-6.1%) | $3,100 – $3,244 | 8 |
| 4BR | $6,000 | +$750 (+14.3%) | +$1,105 (+22.6%) | $6,000 – $6,000 | 5 |
| 4BR | $4,300 | −$950 (-18.1%) | −$595 (-12.2%) | $4,300 – $4,300 | 1 |
Median, P25, and P75 are asking rents from listings posted in November 2024. Changes compare against the nearest prior month with data.
Palms vs. Los Angeles — November 2024
| Bedrooms | Palms Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,175 | $1,750 | +$1,425 (+81.4%) |
| Studio | $1,800 | $1,750 | +$50 (+2.9%) |
| 1BR | $2,888 | $2,073 | +$815 (+39.3%) |
| 1BR | $2,298 | $2,073 | +$225 (+10.9%) |
| 2BR | $2,750 | $2,850 | −$100 (-3.5%) |
| 2BR | $3,073 | $2,850 | +$223 (+7.8%) |
| 3BR | $3,450 | $3,895 | −$445 (-11.4%) |
| 3BR | $3,100 | $3,895 | −$795 (-20.4%) |
| 4BR | $6,000 | $5,220 | +$781 (+15.0%) |
| 4BR | $4,300 | $5,220 | −$919 (-17.6%) |
Citywide figure is the median of zip-level medians across 143 Los Angeles zip codes with listings in November 2024.