Paramount

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Paramount, CA Area Guide

Avg Rent

$1,827

Population

50,334

Renter Mix

57% Rent

Old school drive-ins and pristine public parks in Paramount

Urban Parks Convenient Local Business

Paramount sits just 15 miles southeast of Los Angeles in a compact five-square-mile footprint that keeps residents close to the energy of the metro without dropping them into the middle of it. Incorporated in 1957, the city traces its roots back to Spanish ranchos from 1781 and later evolved from a cluster of small dairy towns into a fully urban community with a steady local economy and well-funded public services. Its location within Los Angeles County places it within reach of job centers in Downey, Long Beach, and the broader LA basin, making it a practical base for anyone who works across the region.

Day-to-day life here moves at a grounded pace, anchored by community parks, local businesses along Downey Avenue, and the historic Paramount Swap Meet — the largest daily swap meet in California, operating since 1955 across more than 46 acres. The Paramount Drive-In Theatre adds a nostalgic touch that sets this city apart from its neighbors. The Paramount Unified School District and nearby Cerritos College give the area strong educational roots. Renters will find a solid mix of apartment communities, townhomes, and single-family rentals spread across a walkable, densely settled landscape that offers more breathing room than a big-city zip code but all the convenience of one.

Demographics

Median Household Income

$63,192

Average: $75,634

Education

6,453

Residents Have a Degree

Job Market

24,639

Workers Employed

Age Distribution
Get a sense of this area's population profile.

Median Age

35 Years

Largest Age Group

20-29 Years

Approximately 16% of Residents

Under 20

27%

Over 65

12%

Housing Distribution

Paramount has more renters than homeowners.

Renters
57%
Non-Renters
43%

Education Distribution

Review this city's overall education levels.

Bachelor's or Higher
8%
Other Education
92%

Rent Trends

As of April 2026, the average apartment rent in Paramount, CA is $1,408 for a studio, $1,828 for one bedroom, $2,007 for two bedrooms, and $2,299 for three bedrooms. Apartment rent in Paramount has increased by 1.4% in the past year.

Property Type
Average Rent
Average Sq Ft
Apartment
$1,828/month
668 Sq Ft
See Rental Market Trends in Paramount, CA

Getting Around

Fairly Walkable

Walkability

40 / 100

Limited Public Transit

Transit

30 / 100

Exceptionally Drivable

Drivability

90 / 100

Moderately Bikeable

Bikeability

60 / 100

Schools

Los Cerritos

Public

Grades K-5

341 Students

Leona Jackson

Public

Grades K-8

517 Students

Howard Tanner

Public

Grades K-5

428 Students

Abraham Lincoln

Public

Grades K-5

502 Students

Theodore Roosevelt

Public

Grades K-5

491 Students

Alondra Middle

Public

Grades 6-8

735 Students

Frank J. Zamboni

Public

Grades 6-8

650 Students

Paramount Park Middle

Public

Grades 6-8

551 Students

Leona Jackson

Public

Grades K-8

517 Students

Paramount High

Public

Grades 9-12

3,400 Students

Points of Interest

Parks and Recreation

  • Compton Creek Natural Park at George Washington Elementary
  • Watts Towers-Rodia State Park
  • Watts Senior Center & Rose Garden
  • El Dorado Nature Center
  • El Dorado East Regional Park

Airports

  • Long Beach (Daugherty Field)
  • Los Angeles International

Top Apartments in Paramount

Houses for Rent in Paramount

Living in Paramount

History

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Paramount traces its roots to 1781, when Mexican settlers of New Spain identified the area and organized it under two Spanish ranchos: Rancho San Pedro to the west and Rancho Los Nietos to the east. The communities of Hynes and Clearwater, two small dairy towns, merged in 1948 to form Paramount before the city officially incorporated into Los Angeles County in 1957. Today, renters can visit the Paramount Hay Tree, a California state historical landmark that marks the spot where hay traders once gathered to set daily prices. The Paramount Swap Meet, operating since 1955 across more than 46 acres, stands as one of the city's most enduring institutions. The Paramount Drive-In Theatre offers another nostalgic nod to mid-century California culture. Paramount's Outdoor Art Museum displays sculptures ranging from abstract works to lifelike figures throughout public spaces, adding artistic character to the streets.

Restaurants

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Paramount's dining scene reflects its vibrant Latino community, with Mexican cuisine playing a central role in everyday food culture. Taquerias, panaderías, and family-run Mexican restaurants are staples throughout the city, offering everything from slow-braised birria to fresh tamales and agua frescas. Horchateria Rio Luna on Downey Avenue is a local favorite known for its handcrafted horchata and refreshing aguas frescas. Beyond Mexican fare, residents will find Hawaiian plates, Italian-American classics, and casual American comfort food rounding out the local options. Dining in Paramount tends to be affordable and unpretentious, with a strong emphasis on community-run spots that reflect the city's working-class character.

Transportation

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Most Paramount residents get around by car, with quick access to three major freeways: Interstate 105 runs along the northern edge of the city, Interstate 710 runs along the western edge heading north-south, and State Route 91 passes just south of the city, connecting commuters to the wider Los Angeles region. Rush hour congestion is common on all three corridors. For those without a vehicle, the city's Easy Rider Shuttle provides a local route through town, while Los Angeles Metro bus routes 258 and 265 also serve the area. At under 5 square miles, Paramount is compact enough for walking or biking to handle nearby errands, though dedicated bike lanes are limited on some streets. Los Angeles International Airport is roughly 20 miles to the west.

Parks

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Paramount offers residents access to ten parks and several recreational sites spread across its compact footprint. Paramount Park is the city's flagship green space, featuring an outdoor pool, basketball courts, baseball fields, and picnic areas ideal for families and casual recreation. Spane Park is another local favorite, offering a walking trail that winds past a peaceful pond and up several hills, making it a solid workout destination. The park also hosts a Friday fishing club, adult fitness classes, and youth sports leagues. While Paramount itself is largely urban, its position 15 miles southeast of Los Angeles puts residents within easy reach of the region's broader network of parks and open spaces.

Cost

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Renting in Paramount is notably more affordable than the California statewide average, where one-bedroom apartments average $2,224 per month. In Paramount, one-bedroom units average $1,824, two-bedrooms average $2,001, and three-bedrooms average $2,296. Studio rentals come in at $1,406 per month. Rents have edged upward year over year across all unit sizes, though increases have been modest. The median household income in Paramount is $63,192, situating the city among the more budget-accessible communities in the greater Los Angeles area. Nearby Downey and Bellflower offer comparable or slightly higher rents depending on unit size.

Shopping

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Paramount's most celebrated shopping destination is the Paramount Swap Meet, which has operated since 1955 on All America City Way and holds the distinction of being the largest daily swap meet in California. Spanning more than 46 acres with over 800 vendor spaces, it draws shoppers from across the region looking for discounted goods and one-of-a-kind finds. The surrounding commercial corridors along Downey Avenue and nearby streets provide everyday retail options, with a mix of local businesses serving the community's day-to-day needs. Residents seeking a broader retail experience can easily reach the larger shopping centers and malls of neighboring Downey, Bellflower, and the greater Los Angeles area just a short drive away.

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Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.