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Rental Market Trends in Rancho Palos Verdes, CA
Updated July 2026
The average rent in Rancho Palos Verdes, CA is $2,762/month.
Rent in Rancho Palos Verdes is 66% higher than the national average rent of $1,663/month, making this one of the more expensive cities statewide.
$2,762/month
Average Rent
884 Sq Ft
Average Size
+3.9%
Change / Year
260
Available Apartments
Rancho Palos Verdes rent varies by unit size and layout:
- Studio apartments in Rancho Palos Verdes average $1,938 per month.
- One-bedroom apartments in Rancho Palos Verdes average $2,762 per month.
- Two-bedroom apartments in Rancho Palos Verdes average $3,351 per month.
- Three-bedroom apartments in Rancho Palos Verdes average $4,340 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
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Rancho Palos Verdes, CA?
In the past year, rent has increased by 3.9%, which averages out to $107 more per month.
Market Trends Over Time
July 2026
2025
2026
Rent Ranges in Rancho Palos Verdes, 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
0%
$1,501 - $2,000/month
100%
Above $2,000/month
What salary do I need to live comfortably in Rancho Palos Verdes, CA?
Because the average rent in Rancho Palos Verdes is $2,762, you’ll want to make about $9,206 per month or $110,472 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 Rancho Palos Verdes, CA compare to other nearby cities and neighborhoods?
Use the tool below to compare Rancho Palos Verdes, 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 Rancho Palos Verdes Area GuideCompare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
Apartment Communities in Rancho Palos Verdes We Think You'll Love
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Frequently Asked Questions
What is the average rent in Rancho Palos Verdes?
The average rent in Rancho Palos Verdes is $2,762 per month, which is 66.1% higher than the national average of $1,663.
What is the average rent for a house in Rancho Palos Verdes?
The average rent for a house in Rancho Palos Verdes, CA is $6,808 per month.
What is the average rent for a townhome in Rancho Palos Verdes?
The average rent for a townhome in Rancho Palos Verdes, CA is $3,770 per month.
What is the average rent for a condo in Rancho Palos Verdes?
The average rent for a condo in Rancho Palos Verdes, CA is $2,393 per month.
Are rents going up or down in Rancho Palos Verdes?
Rents in Rancho Palos Verdes, CA are increasing, with prices up 3.9% year-over-year and $107 more per month.
What rent range is most common in Rancho Palos Verdes?
In Rancho Palos Verdes, CA, 100% 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.