Monthly Rent Report
Palms Rent Report — March 2025
Asking rents in ZIP 90034, Los Angeles, from 2,415 listings.
Median 1BR rent in Palms was $1,950 in March 2025, down 18.8% (−$450) from February 2025 and down 20.3% year-over-year. The middle half of 1BR listings asked between $1,919 and $2,266. That puts Palms $150 below the Los Angeles citywide 1BR median of $2,100. The month's figures are based on 2,415 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2025 | Vs. March 2024 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,631 | −$767 (-22.6%) | +$633 (+31.7%) | $2,309 – $3,109 | 6 |
| Studio | $2,133 | −$1,265 (-37.2%) | +$136 (+6.8%) | $1,750 – $2,496 | 356 |
| 1BR | $1,950 | −$450 (-18.8%) | −$497 (-20.3%) | $1,919 – $2,266 | 4 |
| 1BR | $2,395 | −$5 (-0.2%) | −$52 (-2.1%) | $2,195 – $2,730 | 825 |
| 2BR | $3,173 | −$51 (-1.6%) | +$493 (+18.4%) | $3,034 – $3,236 | 6 |
| 2BR | $3,224 | $0 (0.0%) | +$544 (+20.3%) | $2,925 – $3,595 | 946 |
| 3BR | $3,895 | −$100 (-2.5%) | −$205 (-5.0%) | $3,348 – $4,823 | 183 |
| 3BR | $3,695 | −$300 (-7.5%) | −$405 (-9.9%) | $3,695 – $3,695 | 1 |
| 4BR | $6,200 | −$797 (-11.4%) | −$1,295 (-17.3%) | $5,683 – $11,250 | 41 |
| 4BR | $7,000 | +$3 (+0.0%) | −$495 (-6.6%) | $5,683 – $11,250 | 31 |
Median, P25, and P75 are asking rents from listings posted in March 2025. Changes compare against the nearest prior month with data.
Palms vs. Los Angeles — March 2025
| Bedrooms | Palms Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,631 | $1,750 | +$881 (+50.3%) |
| Studio | $2,133 | $1,750 | +$383 (+21.9%) |
| 1BR | $1,950 | $2,100 | −$150 (-7.1%) |
| 1BR | $2,395 | $2,100 | +$295 (+14.0%) |
| 2BR | $3,173 | $2,845 | +$328 (+11.5%) |
| 2BR | $3,224 | $2,845 | +$379 (+13.3%) |
| 3BR | $3,895 | $4,100 | −$205 (-5.0%) |
| 3BR | $3,695 | $4,100 | −$405 (-9.9%) |
| 4BR | $6,200 | $5,259 | +$941 (+17.9%) |
| 4BR | $7,000 | $5,259 | +$1,741 (+33.1%) |
Citywide figure is the median of zip-level medians across 142 Los Angeles zip codes with listings in March 2025.