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Rental Market Trends in La Palma, CA

Updated August 2026

The average rent in La Palma, CA is $2,209/month.

Rent in La Palma is 33% higher than the national average rent of $1,663/month, making this one of the more expensive cities statewide.

$2,209/month

Average Rent

675 Sq Ft

Average Size

+1.9%

Change / Year

99

Available Apartments

La Palma rent varies by unit size and layout:

  • Studio apartments in La Palma average per month.
  • One-bedroom apartments in La Palma average $2,209 per month.
  • Two-bedroom apartments in La Palma average $2,536 per month.
  • Three-bedroom apartments in La Palma average $3,275 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$2,209/month
675 Sq Ft
Two Bedroom
$2,536/month
906 Sq Ft
Three Bedroom
$3,275/month
980 Sq Ft
View La Palma Apartments

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

In the past year, rent has increased by 1.9%, which averages out to $43 more per month.

Market Trends Over Time

August 2026

2025 2026
Market Trends Over Time

Rent Ranges in La Palma, CA

August 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 $2,209, you’ll want to make about $7,363 per month or $88,356 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

99 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

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Cerritos

    Cerritos

    Avg Rent: $2,776/month

  • Buena Park

    Buena Park

    Avg Rent: $1,940/month

  • Hawaiian Gardens

    Hawaiian Gardens

    Avg Rent: $1,959/month

  • Cypress

    Cypress

    Avg Rent: $2,373/month

  • Artesia

    Artesia

    Avg Rent: $2,151/month

  • Los Alamitos

    Los Alamitos

    Avg Rent: $2,235/month

  • Lakewood

    Lakewood

    Avg Rent: $1,972/month

  • La Mirada

    La Mirada

    Avg Rent: $1,859/month

  • Norwalk

    Norwalk

    Avg Rent: $1,952/month

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 | $2,575 - $2,625

Meridian Apartments

Meridian Apartments

8781 Walker St,
Cypress, CA 90630

2 Beds | $2,995

8633 Walker St

8633 Walker St

8633 Walker St,
Cypress, CA 90630

3 Beds | $3,900

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Frequently Asked Questions

What is the average rent in La Palma?

The average rent in La Palma is $2,209 per month, which is 32.8% higher than the national average of $1,663.

Are rents going up or down in La Palma?

Rents in La Palma, CA are increasing, with prices up 1.9% year-over-year and $43 more per month.

What rent range is most common in La Palma?

In La Palma, CA, 100% of apartments fall above $2,000/month, though prices may vary depending on location and other factors.

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 June 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.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity