Monthly Rent Report
Palms Rent Report — January 2025
Asking rents in ZIP 90034, Los Angeles, from 1,661 listings.
Median 1BR rent in Palms was $2,470 in January 2025, down 25.5% (−$844) from December 2024 and down 8.5% year-over-year. The middle half of 1BR listings asked between $2,206 and $2,895. That puts Palms $320 above the Los Angeles citywide 1BR median of $2,150. The month's figures are based on 1,661 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2024 | Vs. January 2024 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,095 | +$298 (+16.6%) | +$250 (+13.6%) | $1,895 – $2,398 | 223 |
| Studio | $3,300 | +$1,503 (+83.6%) | +$1,455 (+78.9%) | $3,238 – $3,300 | 3 |
| 1BR | $2,470 | −$844 (-25.5%) | −$230 (-8.5%) | $2,206 – $2,895 | 554 |
| 1BR | $2,688 | −$627 (-18.9%) | −$12 (-0.5%) | $2,409 – $3,339 | 14 |
| 2BR | $3,298 | +$375 (+12.8%) | −$412 (-11.1%) | $3,145 – $3,994 | 6 |
| 2BR | $3,210 | +$288 (+9.8%) | −$500 (-13.5%) | $2,795 – $3,763 | 635 |
| 3BR | $4,200 | −$2,050 (-32.8%) | +$450 (+12.0%) | $3,899 – $5,125 | 4 |
| 3BR | $4,000 | −$2,250 (-36.0%) | +$250 (+6.7%) | $3,290 – $5,312 | 153 |
| 4BR | $6,000 | −$230 (-3.7%) | −$1,795 (-23.0%) | $5,715 – $6,275 | 8 |
| 4BR | $6,995 | +$765 (+12.3%) | −$800 (-10.3%) | $6,150 – $9,400 | 44 |
Median, P25, and P75 are asking rents from listings posted in January 2025. Changes compare against the nearest prior month with data.
Palms vs. Los Angeles — January 2025
| Bedrooms | Palms Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,095 | $1,750 | +$345 (+19.7%) |
| Studio | $3,300 | $1,750 | +$1,550 (+88.6%) |
| 1BR | $2,470 | $2,150 | +$320 (+14.9%) |
| 1BR | $2,688 | $2,150 | +$538 (+25.0%) |
| 2BR | $3,298 | $2,895 | +$403 (+13.9%) |
| 2BR | $3,210 | $2,895 | +$315 (+10.9%) |
| 3BR | $4,200 | $4,076 | +$124 (+3.0%) |
| 3BR | $4,000 | $4,076 | −$76 (-1.9%) |
| 4BR | $6,000 | $5,175 | +$826 (+16.0%) |
| 4BR | $6,995 | $5,175 | +$1,821 (+35.2%) |
Citywide figure is the median of zip-level medians across 142 Los Angeles zip codes with listings in January 2025.