Monthly Rent Report
Palms Rent Report — May 2025
Asking rents in ZIP 90034, Los Angeles, from 336 listings.
Median 1BR rent in Palms was $2,475 in May 2025, down 0.8% (−$20) from April 2025 and down 29.3% year-over-year. The middle half of 1BR listings asked between $2,295 and $2,846. That puts Palms $280 above the Los Angeles citywide 1BR median of $2,195. The month's figures are based on 336 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2025 | Vs. May 2024 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,259 | +$184 (+8.9%) | +$464 (+25.8%) | $1,979 – $2,455 | 55 |
| Studio | $1,595 | −$480 (-23.1%) | −$200 (-11.1%) | $1,585 – $2,539 | 3 |
| 1BR | $2,475 | −$20 (-0.8%) | −$1,025 (-29.3%) | $2,295 – $2,846 | 96 |
| 1BR | $2,423 | −$72 (-2.9%) | −$1,077 (-30.8%) | $2,295 – $2,588 | 4 |
| 2BR | $4,269 | +$1,049 (+32.6%) | +$1,679 (+64.8%) | $4,266 – $4,278 | 3 |
| 2BR | $3,224 | +$4 (+0.1%) | +$634 (+24.5%) | $3,123 – $3,399 | 142 |
| 3BR | $5,645 | +$1,800 (+46.8%) | +$650 (+13.0%) | $5,645 – $5,645 | 1 |
| 3BR | $4,623 | +$778 (+20.2%) | −$372 (-7.5%) | $3,870 – $4,963 | 22 |
| 4BR | $9,800 | +$2,605 (+36.2%) | +$2,300 (+30.7%) | $9,800 – $9,800 | 1 |
| 4BR | $5,995 | −$1,200 (-16.7%) | −$1,505 (-20.1%) | $5,995 – $5,995 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2025. Changes compare against the nearest prior month with data.
Palms vs. Los Angeles — May 2025
| Bedrooms | Palms Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,259 | $1,800 | +$459 (+25.5%) |
| Studio | $1,595 | $1,800 | −$205 (-11.4%) |
| 1BR | $2,475 | $2,195 | +$280 (+12.8%) |
| 1BR | $2,423 | $2,195 | +$228 (+10.4%) |
| 2BR | $4,269 | $2,960 | +$1,309 (+44.2%) |
| 2BR | $3,224 | $2,960 | +$264 (+8.9%) |
| 3BR | $5,645 | $3,862 | +$1,783 (+46.2%) |
| 3BR | $4,623 | $3,862 | +$761 (+19.7%) |
| 4BR | $9,800 | $5,000 | +$4,800 (+96.0%) |
| 4BR | $5,995 | $5,000 | +$995 (+19.9%) |
Citywide figure is the median of zip-level medians across 142 Los Angeles zip codes with listings in May 2025.