What is the median rent in Palos Verdes Estates, CA?
The median gross rent in Palos Verdes Estates, CA is $3,217 (±$484) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 432 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In Palos Verdes Estates, the median gross rent went from $2,683 in 2015–2019 to $3,217 in 2020–2024 (+19.9%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median gross rent
- $3,217 (±$484)
- Rented homes
- 432 (±154)
- $2,000 or more
- 97.4%
- Since 2015–2019
- +19.9%
How much rent costs in Palos Verdes Estates
| Monthly gross rent | Palos Verdes Estates | Los Angeles County | California | United States |
|---|---|---|---|---|
| Less than $500 | 0.0% (±9.4 points) | 3.7% | 3.6% | 6.3% |
| $500 to $999 | 2.5% (±3.8 points) | 6.1% | 7.2% | 20.2% |
| $1,000 to $1,499 | 0.0% (±9.4 points) | 17.4% | 16.2% | 28.1% |
| $1,500 to $1,999 | 0.0% (±9.4 points) | 25.0% | 21.5% | 21.1% |
| $2,000 to $2,499 | 35.6% (±14.8 points) | 20.4% | 19.8% | 12.0% |
| $2,500 to $2,999 | 3.5% (±5.7 points) | 11.4% | 12.5% | 5.5% |
| $3,000 or more | 58.3% (±15.3 points) | 15.9% | 19.1% | 6.8% |
The most common range is $3,000 or more, paid by 58.3% of renting households.
97.4% of rented homes in Palos Verdes Estates cost $2,000 or more a month.
Palos Verdes Estates against Los Angeles County, its state and the nation
| Palos Verdes Estates | Los Angeles County | California | United States | |
|---|---|---|---|---|
| Median gross rent | $3,217 (±$484) | $1,954 (±$6) | $2,036 (±$5) | $1,413 |
| Rented homes paying rent | 432 (±154) | 1,798,001 (±6,873) | 5,783,331 (±22,650) | 42,849,984 |
In Palos Verdes Estates, median gross rent is higher than in Los Angeles County ($1,954).
It is also higher than in California ($2,036).
It is higher than the national figure ($1,413).
In Los Angeles County, Palos Verdes Estates ranks 13 of 137 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 72 of 1,010.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in Palos Verdes Estates has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $2,683 (±$452) | $3,217 (±$484) | +19.9% | No measurable change after inflation |
| Households that rent | 13.8% (±2.7 points) | 10.3% (±3.2 points) | −3.5 percentage points | Not a measurable change |
| Rental vacancy rate | 0.0% (±5.0 points) | 0.0% (±7.5 points) | 0.0 percentage points | Not a measurable change |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median gross rent in places near Palos Verdes Estates
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Palos Verdes Estates | — | $3,217 (±$484) | — |
| Rancho Palos Verdes | 4.1 mi | $3,500 or more | — |
| Rolling Hills | 4.6 mi | $3,500 or more | — |
| Redondo Beach | 5.4 mi | $2,691 (±$71) | Lower |
| Torrance | 5.6 mi | $2,280 (±$52) | Lower |
| Rolling Hills Estates | 5.7 mi | $3,500 or more | — |
| Lomita | 6.4 mi | $1,961 (±$114) | Lower |
| Hermosa Beach | 6.7 mi | $2,887 (±$196) | Not measurably different |
| West Carson | 8.3 mi | $1,891 (±$158) | Lower |
Nearby places with a measurably lower figure: Redondo Beach, CA ($2,691), Torrance, CA ($2,280), Lomita, CA ($1,961).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across Los Angeles County, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 1 (tie) | Westlake Village | $3,500 or more |
| 1 (tie) | Agua Dulce | $3,500 or more |
| 1 (tie) | Marina del Rey | $3,500 or more |
| 1 (tie) | Topanga | $3,500 or more |
| 11 | Manhattan Beach | $3,449 (±$250) |
| 12 | Agoura Hills | $3,218 (±$230) |
| 13 | Palos Verdes Estates | $3,217 (±$484) |
| 14 | Walnut | $3,202 (±$442) |
| 15 | Pepperdine University | $3,139 (±$1,713) |
| 16 | Calabasas | $3,089 (±$154) |
| 17 | Acton | $3,056 (±$2,092) |
| 18 | Del Aire | $2,976 (±$226) |
| 19 | Cerritos | $2,930 (±$161) |
Showing 13 of 137 places in Los Angeles County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Palos Verdes Estates
What is the average rent in Palos Verdes Estates, CA?
The Census Bureau publishes the median rather than the average: the median gross rent in Palos Verdes Estates is $3,217 (±$484) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How much has rent gone up in Palos Verdes Estates?
In Palos Verdes Estates, the median gross rent went from $2,683 in 2015–2019 to $3,217 in 2020–2024 (+19.9%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
How many rentals in Palos Verdes Estates cost more than $2,000 a month?
97.4% of rented homes in Palos Verdes Estates have a gross rent of $2,000 or more a month, and 0.0% cost less than $500.
Is rent in Palos Verdes Estates higher than in Los Angeles County?
In Palos Verdes Estates, median gross rent is higher than in Los Angeles County ($1,954).
It is also higher than in California ($2,036).
It is higher than the national figure ($1,413).
Is this the rent for an apartment listed today?
No: these are rents households reported paying across 2020–2024, not asking rents for vacant homes, which usually run higher.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Palos Verdes Estates city, California
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Palos Verdes Estates city, California
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Palos Verdes Estates city, California
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Palos Verdes Estates city, California (place:55380, in state:06).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25064_001E, B25064_001M, DP04_0047PE, DP04_0047PM, DP04_0005E, DP04_0005M from the 2019 release.
The API needs a free key.
DP04_0134E, DP04_0134M, DP04_0126E, DP04_0126M, DP04_0127PE, DP04_0127PM, DP04_0128PE, DP04_0128PM, DP04_0129PE, DP04_0129PM, DP04_0130PE, DP04_0130PM, DP04_0131PE, DP04_0131PM, DP04_0132PE, DP04_0132PM, DP04_0133PE, DP04_0133PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
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- Fair Market Rent in Palos Verdes Estates
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