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Rental Market Trends in Rancho Palos Verdes, CA

What is the average rent in Rancho Palos Verdes, CA?

$2,783/month

Average Rent

884 Sq Ft

Average Apartment Size

+2.3%

Increase in the Last Year

Rancho Palos Verdes, CA Rental Market Overview

The average rent in Rancho Palos Verdes, CA is $2,783 per month. This is 69% higher than the national average rent price of $1,644/month, making Rancho Palos Verdes one of the most expensive cities in the US.

  • Studio apartments in Rancho Palos Verdes average $1,934 per month.
  • One-bedroom apartments in Rancho Palos Verdes average $2,783 per month.
  • Two-bedroom apartments in Rancho Palos Verdes average $3,473 per month.
  • Three-bedroom apartments in Rancho Palos Verdes average $4,274 or more per month.

Data Updated: June, 2026

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,934/month
521 Sq Ft
One Bedroom
$2,783/month
884 Sq Ft
Two Bedroom
$3,473/month
1,189 Sq Ft
Three Bedroom
$4,274/month
1,478 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$3,767/month
1,185 Sq Ft
Three Bedroom
$7,814/month
1,843 Sq Ft
Four Bedroom
$9,107/month
2,814 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$3,280/month
1,164 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$3,385/month
1,094 Sq Ft
Three Bedroom
$4,681/month
1,612 Sq Ft

How much has average rent changed in Rancho Palos Verdes, CA?

In the past year, rent has increased by 2.3%, which averages out to $65 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 June 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Rancho Palos Verdes, CA
Last Updated June 2026
Above $2,000
Most rental prices fall within this range
Rent Ranges in Rancho Palos Verdes, 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 Rancho Palos Verdes, CA?

Because the average rent in Rancho Palos Verdes is $2,783, you’ll want to make about $9,276 per month or $111,312 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

Rancho Palos Verdes, CA

215 Available Apartments for Rent

Search for Nearby Apartments

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.

Explore the Area Guide for Rancho Palos Verdes, CA

Apartment Averages

Nearby City Rent Trends

  • San Pedro Average Rent
  • Torrance Average Rent

Apartment communities in Rancho Palos Verdes we think you'll love

Seaport Homes Luxury Homes & Townhouses

Seaport Homes Luxury Homes & Townhouses

28000 S Western Ave,
San Pedro, CA 90732

$3,175 - $3,500

2 Beds

Highridge

Highridge

28125 Peacock Ridge Dr,
Rancho Palos Verdes, CA 90275

$3,149 - $4,300

Studio - 3 Beds

Peninsula Villas

Peninsula Villas

5644 Ravenspur Dr,
Rancho Palos Verdes, CA 90275

$2,995

2 Beds

Suncrest at Ponte Vista

Suncrest at Ponte Vista

1483 W Vista Way,
San Pedro, CA 90732

$4,104 - $5,529 Total Monthly Price

2-4 Beds

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United States California Rancho Palos Verdes 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