Monthly Rent Report

Palms Rent Report — June 2025

Asking rents in ZIP 90034, Los Angeles, from 116 listings.

Median 1BR rent in Palms was $2,125 in June 2025, down 14.1% (−$350) from May 2025 and down 18.3% year-over-year. The middle half of 1BR listings asked between $1,969 and $2,199. That puts Palms $25 below the Los Angeles citywide 1BR median of $2,150. The month's figures are based on 116 listings across 12 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. May 2025Vs. June 2024P25–P75 RangeListings
Studio$1,700+$105 (+6.6%)+$201 (+13.4%)$1,545 – $1,99513
Studio$1,480−$115 (-7.2%)−$19 (-1.3%)$1,480 – $1,4801
1BR$2,125−$350 (-14.1%)−$475 (-18.3%)$1,969 – $2,19930
1BR$2,395−$80 (-3.2%)−$205 (-7.9%)$2,295 – $3,0005
2BR$2,995−$1,274 (-29.8%)+$496 (+19.8%)$2,800 – $3,30023
2BR$4,250−$19 (-0.4%)+$1,751 (+70.1%)$4,013 – $4,4882
3BR$5,500+$878 (+19.0%)+$1,900 (+52.8%)$3,890 – $8,68525
3BR$3,400−$1,222 (-26.4%)−$200 (-5.6%)$3,400 – $3,4001
4BR$6,225−$3,575 (-36.5%)−$1,275 (-17.0%)$5,950 – $6,5386
4BR$4,995−$4,805 (-49.0%)−$2,505 (-33.4%)$4,995 – $4,9951

Median, P25, and P75 are asking rents from listings posted in June 2025. Changes compare against the nearest prior month with data.

Palms vs. Los AngelesJune 2025

BedroomsPalms MedianLos Angeles Citywide MedianDifference
Studio$1,700$1,700$0 (0.0%)
Studio$1,480$1,700−$220 (-12.9%)
1BR$2,125$2,150−$25 (-1.2%)
1BR$2,395$2,150+$245 (+11.4%)
2BR$2,995$2,896+$99 (+3.4%)
2BR$4,250$2,896+$1,354 (+46.7%)
3BR$5,500$3,996+$1,504 (+37.6%)
3BR$3,400$3,996−$596 (-14.9%)
4BR$6,225$5,000+$1,225 (+24.5%)
4BR$4,995$5,000−$5 (-0.1%)

Citywide figure is the median of zip-level medians across 142 Los Angeles zip codes with listings in June 2025.

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