Average Rent in Rancho Palos Verdes, CA

Home » CA » Rancho Palos Verdes » Rancho Palos Verdes

Current Versus Historical Rancho Palos Verdes, CA Rents

Rancho Palos Verdes rentals average $2,248 for a 1-bedroom rental to $6,900 for a 4-bedroom rental. The median price of all currently available listings is $5,900, or roughly $3 per square feet.

For the apartment units and housing in November 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $576 (-21.53%) year-over-year from $2,676 to $2,100. 1-bedroom rentals prices have decreased by $45 (-1.96%) year-over-year from $2,293 to $2,248. 2-bedroom rentals prices have increased by $793 (26.61%) year-over-year from $2,982 to $3,775. 3-bedroom rentals prices have increased by $75 (1.44%) year-over-year from $5,200 to $5,275. 4-bedroom rentals prices have increased by $683 (11.26%) year-over-year from $6,067 to $6,750. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 3.08% this month. 1-bedroom rents have gone down by 4.63% this month. 2-bedroom rents have gone down by 4.23% this month. 3-bedroom rents have gone up by 7.47% this month. 4-bedroom rents have gone up by 5.61% this month.

Beds	Price / Sqft	Nov 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
1 BR	$2.52	$2,248	$2,293 (-1.96%)	$2,311 (-2.74%)
2 BR	$3.12	$3,775	$2,982 (26.61%)	$3,007 (25.55%)
3 BR	$2.87	$5,275	$5,200 (1.44%)	$4,700 (12.23%)
4+ BR	$2.74	$6,750	$6,067 (11.26%)	$6,133 (10.05%)

Historical Rents in Rancho Palos Verdes, CA

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Rancho Palos Verdes

There are a total of 4 cities nearby Rancho Palos Verdes. The average rent in Rancho Palos Verdes is currently $5,288 per month. A total of 2 cities nearby have an average rent lower than that. Our records show that Torrance, CA, with an average rent of $3,850, is the most affordable city nearby. In contrast, the most expensive city near Rancho Palos Verdes, CA is Hermosa Beach, CA. Monthly rents here are on average $7,500 per month.

Let's compare Rancho Palos Verdes, CA's rent against other top cities nearby by bedroom size. One bedrooms are about 25.08% more affordable. Two bedrooms in Rancho Palos Verdes, CA are about 11.03% more affordable. Finally, rent for three bedrooms are about 2.38% more affordable. Want more information? Check out the top 4 cities near Rancho Palos Verdes, CA in the following chart.

City	Studio	1 Bed	2 Bed	All
Torrance, CA	N/A	$2,150	$3,000	$3,850
Redondo Beach, CA	$2,350	$3,375	$4,300	$4,650
Rancho Palos Verdes, CA	N/A	$2,248	$3,750	$5,925
Hermosa Beach, CA	N/A	$3,850	$5,895	$7,500

Top Neighborhoods Near Rancho Palos Verdes

There are a total of 1 neighborhoods in or near Rancho Palos Verdes. We've included all of these top 1 neighborhoods in or near Rancho Palos Verdes, CA in the following chart.

The average rent for these 1 neighborhoods in or near Rancho Palos Verdes, CA is currently around $2,913 per month. A total of one neighborhood has a lower average rent. Out of all the neighborhoods in or near Rancho Palos Verdes, Downtown Long Beach has the most affordable average rent at $2,913 per month. Whereas, at $2,913 average rent per month, Downtown Long Beach is the most expensive neighborhood in or near Rancho Palos Verdes. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Downtown Long Beach, Long Beach, CA	$2,417	$2,925	$3,035	$2,913

Top Counties Near Rancho Palos Verdes

There are a total of 1 counties located by Rancho Palos Verdes, CA.

We've listed the top 0 counties in the chart below.

County	Studio	1 Bed	2 Bed	All

Top Zipcodes Near Rancho Palos Verdes

You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All

Frequently Asked Questions - Rancho Palos Verdes Average Rents

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

The average monthly rental price for Rancho Palos Verdes, CA apartments for rent is approximately $5,900. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Rancho Palos Verdes, CA rent prices drop in winter?

Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Rancho Palos Verdes, CA.

How much is a studio apartment in Rancho Palos Verdes, CA?

The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 0 studio apartment listings currently available for rent in Rancho Palos Verdes.

How much is a one bedroom apartment in Rancho Palos Verdes, CA?

The average monthly rental price for one bedroom apartments is $2,248 and an average price per square feet of $2.52. There are a total of 2 one bedroom apartment listings currently available for rent in Rancho Palos Verdes.

How much is a two bedroom apartment in Rancho Palos Verdes, CA?

The average monthly rental price for two bedroom apartments is $3,625 and an average price per square feet of $3.12. There are a total of 12 two bedroom apartment listings currently available for rent in Rancho Palos Verdes.

How have rent prices in Rancho Palos Verdes, CA changed this year?

Rent prices for rentals in Rancho Palos Verdes, CA can fluctuate yearly. Specifically, studio rental prices have changed by -0.22%, one bedroom rental prices have changed by -0.02%, two bedroom rental prices have changed by 0.27%, and three bedroom rental prices have changed by 0.01% year-over-year.

What is a reasonable rent price in Rancho Palos Verdes, CA?

A reasonable rent price in Rancho Palos Verdes, CA is around $4,720/month. You can search for these reasonably priced rental listings on RentHop.