Monthly Rent Report
Palms Rent Report — February 2025
Asking rents in ZIP 90034, Los Angeles, from 1,140 listings.
Median 1BR rent in Palms was $2,570 in February 2025, up 4.0% (+$100) from January 2025 and up 49.0% year-over-year. The middle half of 1BR listings asked between $2,409 and $2,828. That puts Palms $398 above the Los Angeles citywide 1BR median of $2,172. The month's figures are based on 1,140 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2025 | Vs. February 2024 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,124 | −$1,176 (-35.6%) | +$129 (+6.5%) | $1,849 – $2,350 | 156 |
| Studio | $3,398 | +$98 (+3.0%) | +$1,403 (+70.3%) | $3,258 – $3,400 | 4 |
| 1BR | $2,570 | +$100 (+4.0%) | +$845 (+49.0%) | $2,409 – $2,828 | 4 |
| 1BR | $2,400 | −$70 (-2.8%) | +$675 (+39.1%) | $2,195 – $2,645 | 363 |
| 2BR | $3,224 | +$14 (+0.4%) | +$124 (+4.0%) | $2,845 – $3,750 | 463 |
| 2BR | $4,287 | +$1,077 (+33.6%) | +$1,187 (+38.3%) | $4,287 – $4,287 | 1 |
| 3BR | $3,895 | −$105 (-2.6%) | −$77 (-2.0%) | $3,895 – $3,895 | 3 |
| 3BR | $3,995 | −$5 (-0.1%) | +$23 (+0.6%) | $3,380 – $4,895 | 89 |
| 4BR | $6,995 | +$995 (+16.6%) | +$1,848 (+35.9%) | $5,647 – $8,450 | 23 |
| 4BR | $6,998 | +$998 (+16.6%) | +$1,850 (+35.9%) | $5,295 – $9,500 | 16 |
Median, P25, and P75 are asking rents from listings posted in February 2025. Changes compare against the nearest prior month with data.
Palms vs. Los Angeles — February 2025
| Bedrooms | Palms Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,124 | $1,799 | +$325 (+18.0%) |
| Studio | $3,398 | $1,799 | +$1,599 (+88.8%) |
| 1BR | $2,570 | $2,172 | +$398 (+18.3%) |
| 1BR | $2,400 | $2,172 | +$228 (+10.5%) |
| 2BR | $3,224 | $2,896 | +$328 (+11.3%) |
| 2BR | $4,287 | $2,896 | +$1,391 (+48.0%) |
| 3BR | $3,895 | $4,142 | −$247 (-6.0%) |
| 3BR | $3,995 | $4,142 | −$147 (-3.5%) |
| 4BR | $6,995 | $5,200 | +$1,795 (+34.5%) |
| 4BR | $6,998 | $5,200 | +$1,798 (+34.6%) |
Citywide figure is the median of zip-level medians across 142 Los Angeles zip codes with listings in February 2025.