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Rental Market Trends in La Palma, CA

What is the average rent in La Palma, CA?

$2,194/month

Average Rent

675 Sq Ft

Average Apartment Size

+3.3%

Increase in the Last Year

As of February 2026, the average rent in La Palma, CA is $2,194 per month. This is 35% higher than the national average rent price of $1,625/month, making La Palma one of the most expensive cities in the US. When you rent an apartment in La Palma, you can expect to pay about per month for a studio, $2,194 for a one-bedroom apartment, and around $2,507 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $3,237 or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$2,194/month
675 Sq Ft
Two Bedroom
$2,507/month
906 Sq Ft
Three Bedroom
$3,237/month
980 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Four Bedroom
$4,315/month
1,626 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in La Palma, CA?

In the past year, rent has increased by 3.3%, which averages out to $74 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated February 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in La Palma, CA
Last Updated February 2026
Above $2,000
Most rental prices fall within this range
Rent Ranges in La Palma, CA
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
0% $1,001 - $1,500/month
0% $1,501 - $2,000/month
100% Above $2,000/month

What salary do I need to live comfortably in La Palma, CA?

Because the average rent in La Palma is $2,194, you’ll want to make about $7,313 per month or $87,756 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

La Palma, CA

101 Available Apartments for Rent

Search for Nearby Apartments

How does La Palma, CA compare to other nearby cities and neighborhoods?

Use the tool below to compare La Palma, CA to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Apartment Averages

Nearby City Rent Trends

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Apartment communities in La Palma we think you'll love

Brookside

Brookside

5600 Orangethorpe Ave,
La Palma, CA 90623

$2,190 - $2,765

1-2 Beds

Las Mariposas Apartments

Las Mariposas Apartments

7860 Valley View St,
Buena Park, CA 90620

$2,660 - $2,875

2 Beds

8681 La Salle St

8681 La Salle St

8681 La Salle St,
Cypress, CA 90630

$3,250 Total Monthly Price

3 Beds

8052 Ainsworth Ln

8052 Ainsworth Ln

8052 Ainsworth Ln,
La Palma, CA 90623

$5,200

4 Beds

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United States California La Palma Rental Trends

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.

* Percentages may not total 100 due to rounding.

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© 2026 CoStar Group, Inc.

Equal Housing Opportunity