Rancho Palos Verdes

Rancho Palos Verdes, CA Area Guide

Avg Rent

$2,824

Population

40,459

Renter Mix

23% Rent

Tranquil town brimming with exceptional views and outdoor recreation

Suburban Coastal Upscale Picturesque Peaceful Family-Friendly

Perched atop the bluffs of the Palos Verdes Peninsula in southern Los Angeles County, Rancho Palos Verdes offers sweeping Pacific Ocean views and a quieter pace than the sprawling metro just to the north. Incorporated in 1973, this coastal city spans roughly 14 square miles and is anchored by a well-regarded public school district, the scenic Point Vicente Interpretive Center, and the Palos Verdes Land Conservancy, which maintains miles of nature preserve trails along the cliffs. The city sits near the 110 freeway and Pacific Coast Highway, keeping Downtown Los Angeles within reach while RPV itself retains a distinctly removed, hillside character. Neighborhoods range from ocean-view ridge communities to quieter inland pockets, and the overall feel leans residential and low-density throughout. The rental market reflects that character, with apartment communities and townhome-style rentals making up most of the available stock rather than the high-rises found closer to the city core. Wayfarers Chapel, a glass-and-stone sanctuary designed by Lloyd Wright, has drawn visitors to the peninsula since 1951 and remains one of the most recognized landmarks on the Southern California coast.

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Demographics

Median Household Income

$165,144

Average: $185,523

Education

21,281

Residents Have a Degree

Job Market

18,241

Workers Employed

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

Median Age

51 Years

Largest Age Group

55-64 Years

Approximately 16% of Residents

Under 20

20%

Over 65

28%

Housing Distribution

Rancho Palos Verdes has more homeowners than renters.

Renters
23%
Non-Renters
77%

Education Distribution

Review this city's overall education levels.

Bachelor's or Higher
51%
Other Education
49%

Rent Trends

As of May 2026, the average apartment rent in Rancho Palos Verdes, CA is $1,917 for a studio, $2,822 for one bedroom, $3,515 for two bedrooms, and $4,222 for three bedrooms. Apartment rent in Rancho Palos Verdes has increased by 3.9% in the past year.

Property Type
Average Rent
Average Sq Ft
Apartment
$2,822/month
884 Sq Ft
House
$9,095/month
2,451 Sq Ft
Condo
$2,970/month
1,188 Sq Ft
See Rental Market Trends in Rancho Palos Verdes, CA

Getting Around

Somewhat Walkable

Walkability

20 / 100

Very Drivable

Drivability

80 / 100

Moderately Bikeable

Bikeability

60 / 100

Schools

Soleado Elementary School

Public

Grades K-5

443 Students

Cornerstone at Pedregal Elementary

Public

Grades K-5

411 Students

Vista Grande Elementary

Public

Grades K-5

355 Students

Vista Grande Elementary School

Public

Grades K-5

355 Students

Soleado Elementary

Public

Grades K-5

443 Students

Ridgecrest Intermediate

Public

Grades 6-8

881 Students

Rudecinda Sepulveda Dodson Middle School

Public

Grades 6-8

1,337 Students

Rudecinda Sepulveda Dodson Middle

Public

Grades 6-8

1,337 Students

Miraleste Intermediate

Public

Grades 6-8

720 Students

Points of Interest

Parks and Recreation

  • South Coast Botanic Garden
  • Abalone Cove Shoreline Park
  • Forrestal Nature Reserve
  • Point Vicente Interpretive Center
  • George F. Canyon Preserve & Nature Center

Airports

  • Long Beach (Daugherty Field)
  • Los Angeles International

Top Apartments in Rancho Palos Verdes

Houses for Rent in Rancho Palos Verdes

Living in Rancho Palos Verdes

History

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The Tongva people lived along these coastal bluffs for centuries before Portuguese explorer Juan Rodríguez Cabrillo sailed past the peninsula in 1542. The land later became part of a Mexican land grant in 1846, eventually passing to Jotham Bixby by 1882, who leased the southern slopes to Japanese farming families who cultivated beans and peas well into the 20th century. The city itself wasn't incorporated until 1973, making it one of the newer municipalities in Los Angeles County. Today, residents can visit the Point Vicente Lighthouse, a working beacon that anchors the Point Vicente Interpretive Center, which houses exhibits on the peninsula's natural and cultural past. Wayfarers Chapel, a glass-and-redwood sanctuary designed by Lloyd Wright and completed in 1951, draws visitors year-round and stands as one of the most recognized architectural landmarks on the Southern California coast. The Palos Verdes Land Conservancy manages miles of trails through reserves like Portuguese Bend, where remnants of the area's agrarian and indigenous past meet the rugged terrain that has shaped the peninsula's development.

Restaurants

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Dining in Rancho Palos Verdes leans toward the upscale, reflecting the peninsula's affluent character and its dramatic coastal setting. Seafood features prominently across menus, with ocean views serving as a natural backdrop for leisurely lunches and sunset dinners. The Terranea Resort anchors much of the area's fine dining, drawing both residents and visitors with farm-to-table California cuisine prepared with locally sourced ingredients. Beyond resort dining, the Golden Cove and Promenade on the Peninsula shopping centers offer more accessible, casual options, and the nearby South Bay cities of Redondo Beach and San Pedro expand the reach considerably, adding Korean, Japanese, and Latin cuisines to the mix within a short drive.

Transportation

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Rancho Palos Verdes is a car-dependent community, and most residents drive to get around. Palos Verdes Drive forms the main coastal corridor through the city, while Hawthorne Boulevard connects the peninsula to the broader South Bay, and the 110 freeway provides the most direct route into downtown Los Angeles. For those who prefer public transit, the Palos Verdes Peninsula Transit Authority runs local bus service around the peninsula, and Commuter Express routes offer a faster connection to central L.A. Metro buses also serve portions of the city. Bike lanes run along Palos Verdes Drive and Hawthorne Boulevard, and while sidewalks are generally available, the hilly terrain makes walking and cycling more demanding. Los Angeles International Airport is roughly 30 miles north, accessible via the 110.

Parks

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Rancho Palos Verdes sits atop dramatic coastal bluffs, and its parks reflect that natural setting. Abalone Cove Shoreline Park offers tide pools, a lifeguard-attended pebble beach, and cliffside trails with views of Catalina Island. Point Vicente Park is a popular destination for seasonal whale watching and connects to the Point Vicente Interpretive Center, which documents the peninsula's natural and cultural history. The Portuguese Bend Reserve draws hikers, equestrians, and dog walkers through open grassy hillsides where wild peacocks roam. Highridge Park provides a more neighborhood-oriented experience with a walking trail and outdoor fitness stations. Across these spaces, the Palos Verdes Land Conservancy works to protect and maintain the peninsula's open lands for public use.

Cost

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Rancho Palos Verdes sits at the higher end of the Southern California rental market, reflecting its coastal location, low density, and predominantly single-family character. One-bedroom apartments average $2,631 per month, two-bedrooms average $3,192, and three-bedrooms average $4,218, all notably above the California statewide averages. The housing stock leans heavily toward detached homes and larger units, with limited apartment inventory keeping rental supply tight. The city's median household income of $165,144 signals a well-resourced community, and prospective renters should expect pricing that aligns with that demographic.

Shopping

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Shopping in Rancho Palos Verdes centers on a handful of convenient retail destinations spread across the peninsula. Promenade on the Peninsula, an outdoor Mediterranean-style mall in neighboring Rolling Hills Estates, is the area's primary shopping hub and draws RPV residents for its mix of fashion, jewelry, and specialty retailers alongside a seasonal ice skating rink. Closer to home, Golden Cove Shopping Center and Peninsula Shopping Center handle everyday retail needs in a relaxed neighborhood setting. The Palos Verdes Farmers Market rounds out the local retail scene with fresh produce, flowers, eggs, and handcrafted goods, giving residents a way to shop local in a more casual, community-oriented setting.

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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.