Montana Avenue
315 Montana Ave,
Santa Monica, CA 90403
2 Beds | $6,295
Rental Market Trends in Pacific Palisades, CA
Updated July 2026
The average rent in Pacific Palisades, CA is $3,216/month.
Rent in Pacific Palisades is 93% higher than the national average rent of $1,663/month, making this one of the more expensive cities statewide.
$3,216/month
Average Rent
725 Sq Ft
Average Size
-2.1%
Change / Year
236
Available Apartments
Pacific Palisades rent varies by unit size and layout:
- Studio apartments in Pacific Palisades average $2,124 per month.
- One-bedroom apartments in Pacific Palisades average $3,216 per month.
- Two-bedroom apartments in Pacific Palisades average $3,887 per month.
- Three-bedroom apartments in Pacific Palisades average $15,239 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Pacific Palisades, CA?
In the past year, rent has decreased by 2.1%, which averages out to $68 less per month.
Market Trends Over Time
July 2026
2025
2026
Rent Ranges in Pacific Palisades, CA
July 2026
Above $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
0%
$1,001 - $1,500/month
10%
$1,501 - $2,000/month
90%
Above $2,000/month
What salary do I need to live comfortably in Pacific Palisades, CA?
Because the average rent in Pacific Palisades is $3,216, you’ll want to make about $10,720 per month or $128,640 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.
How does Pacific Palisades, CA compare to other nearby cities and neighborhoods?
Use the tool below to compare Pacific Palisades, 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.
View the Pacific Palisades Area GuideCompare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
Apartment Communities in Pacific Palisades We Think You'll Love
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Frequently Asked Questions
What is the average rent in Pacific Palisades?
The average rent in Pacific Palisades is $3,216 per month, which is 93.4% higher than the national average of $1,663.
What is the average rent for a house in Pacific Palisades?
The average rent for a house in Pacific Palisades, CA is $12,334 per month.
What is the average rent for a condo in Pacific Palisades?
The average rent for a condo in Pacific Palisades, CA is $3,699 per month.
Are rents going up or down in Pacific Palisades?
Rents in Pacific Palisades, CA are decreasing, with prices down 2.1% year-over-year and $68 less per month.
What rent range is most common in Pacific Palisades?
In Pacific Palisades, CA, 90% of apartments fall above $2,000/month, though prices may vary depending on location and other factors.
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.