Average rent in Palms, LA
August 2026 asking-rent percentiles by bedroom size.
The median asking rent for a 1 bedroom in Palms is $2,500 as of August 2026, based on 842 listings of that size active in the last 180 days. The middle of the market extends from about $2,250 at the 30th percentile to $3,075 at the 70th percentile.
| Size | 10th | 30th | Median | 70th | 90th | Sample |
|---|---|---|---|---|---|---|
| Studio | $1,500 | $1,777 | $2,150 | $2,640 | $3,205 | 279 |
| 1 Bedroom | $1,995 | $2,250 | $2,500 | $3,075 | $3,995 | 842 |
| 2 Bedrooms | $2,495 | $2,795 | $3,100 | $3,595 | $4,500 | 525 |
| 3 Bedrooms | $3,200 | $3,795 | $4,473 | $5,048 | $6,780 | 124 |
| 4 Bedrooms | $4,500 | $5,368 | $5,950 | $6,715 | $9,980 | 19 |
What the rent range shows
For 1 bedroom apartments, the 10th-to-90th-percentile spread is $1,995 to $3,995, a difference of $2,000. These are asking prices, not signed lease rents, and the sample size shown beside each row applies only to that bedroom size.
Across 1,789 neighborhood observations, published bedroom medians are studio $2,150 (279 listings); 1 bedroom $2,500 (842 listings); 2 bedrooms $3,100 (525 listings); 3 bedrooms $4,473 (124 listings); 4 bedrooms $5,950 (19 listings).
How this is measured
Figures summarize asking prices on listings that were active in Palms during the last 180 days, counted once per unit. Craigslist is excluded in this market because its room shares and sublets are posted with whole-apartment bedroom counts, which pushes neighborhood medians far below every other source.
RentReboot removes bedroom groups with fewer than 5 observations from this report. Figures are a point-in-time market summary and can move as listings appear or disappear. Read the rent-data methodology or inspect recent Palms listings.