What is the median rent in Rancho Palos Verdes, CA?

The median gross rent in Rancho Palos Verdes, CA is $3,500 or more a month, according to the US Census Bureau’s 2020–2024 American Community Survey.

That is across 2,784 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.

Figures last updated on .

Median gross rent
$3,500 or more
Rented homes
2,784 (±390)
$2,000 or more
91.4%

How much rent costs in Rancho Palos Verdes

Share of rented homes in each gross-rent range, 2020–2024
Monthly gross rentRancho Palos VerdesLos Angeles CountyCaliforniaUnited States
Less than $5001.1% (±1.4 points)3.7%3.6%6.3%
$500 to $9992.3% (±1.7 points)6.1%7.2%20.2%
$1,000 to $1,4992.4% (±2.6 points)17.4%16.2%28.1%
$1,500 to $1,9992.8% (±2.0 points)25.0%21.5%21.1%
$2,000 to $2,49916.1% (±5.7 points)20.4%19.8%12.0%
$2,500 to $2,99911.9% (±5.1 points)11.4%12.5%5.5%
$3,000 or more63.4% (±6.8 points)15.9%19.1%6.8%

The most common range is $3,000 or more, paid by 63.4% of renting households.

91.4% of rented homes in Rancho Palos Verdes cost $2,000 or more a month.

Rancho Palos Verdes against Los Angeles County, its state and the nation

Estimate (90% margin of error)
Rancho Palos VerdesLos Angeles CountyCaliforniaUnited States
Median gross rent$3,500 or more$1,954 (±$6)$2,036 (±$5)$1,413
Rented homes paying rent2,784 (±390)1,798,001 (±6,873)5,783,331 (±22,650)42,849,984

How rent in Rancho Palos Verdes has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent22.0% (±2.0 points)19.6% (±2.8 points)−2.4 percentage pointsNot a measurable change
Rental vacancy rate6.6% (±3.6 points)5.3% (±3.9 points)−1.3 percentage pointsNot 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 Rancho Palos Verdes

Nearest places with a published estimate, compared with Rancho Palos Verdes
PlaceDistanceMedian gross rentCompared with this place
Rancho Palos Verdes—$3,500 or more—
Rolling Hills2.0 mi$3,500 or more—
Rolling Hills Estates3.7 mi$3,500 or more—
Palos Verdes Estates4.1 mi$3,217 (±$484)—
Lomita4.8 mi$1,961 (±$114)—
Torrance6.4 mi$2,280 (±$52)—
West Carson7.3 mi$1,891 (±$158)—
Redondo Beach7.9 mi$2,691 (±$71)—
Hermosa Beach9.3 mi$2,887 (±$196)—

None of the nearby places differs measurably from this one on this figure.

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

RankPlaceMedian gross rent
1 (tie)Bradbury$3,500 or more
1 (tie)Malibu$3,500 or more
1 (tie)Rancho Palos Verdes$3,500 or more
1 (tie)Rolling Hills$3,500 or more
1 (tie)Rolling Hills Estates$3,500 or more
1 (tie)San Marino$3,500 or more
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

Showing 9 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.

What you can do on Seayora in Rancho Palos Verdes

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Questions about Rancho Palos Verdes

What is the average rent in Rancho Palos Verdes, CA?

The Census Bureau publishes the median rather than the average: the median gross rent in Rancho Palos Verdes is $3,500 or more a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.

How many rentals in Rancho Palos Verdes cost more than $2,000 a month?

91.4% of rented homes in Rancho Palos Verdes have a gross rent of $2,000 or more a month, and 1.1% cost less than $500.

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

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 Rancho Palos Verdes city, California (place:59514, 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.

Request a Census API 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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