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Rental Market Trends in La Palma, CA

What is the average rent in La Palma, CA?

$2,190/month

Average Rent

675 Sq Ft

Average Apartment Size

+4.2%

Increase in the Last Year

As of May 2025, the average rent in La Palma, CA is $2,190 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, $2,190 for a one-bedroom apartment, and around $2,500 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $3,259 or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$2,190/month
675 Sq Ft
Two Bedroom
$2,500/month
902 Sq Ft
Three Bedroom
$3,259/month
980 Sq Ft
Floor Plan Type
Average Rent
Average 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 4.2%, which averages out to $92 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 May 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in La Palma, CA
Last Updated May 2025
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 $2,190, you’ll want to make about $7,300 per month or $87,600 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

22 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

1-2 Beds | $2,190 - $2,765

Las Mariposas Apartments

Las Mariposas Apartments

7860 Valley View St,
Buena Park, CA 90620

2 Beds | $2,710 - $2,875

Brentwood Apartments

Brentwood Apartments

5350 Orangethorpe Ave,
La Palma, CA 90623

2 Beds | $2,445 - $2,750

8703 Belmont St

8703 Belmont St

8703 Belmont St,
Cypress, CA 90630

3 Beds | $4,750

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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 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity