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Rental Market Trends in San Pedro, CA

Updated July 2026

The average rent in San Pedro, CA is $1,966/month.

Rent in San Pedro is 18% higher than the national average rent of $1,663/month, making this one of the more expensive cities statewide.

$1,966/month

Average Rent

607 Sq Ft

Average Size

+1.1%

Change / Year

391

Available Apartments

San Pedro rent varies by unit size and layout:

  • Studio apartments in San Pedro average $1,376 per month.
  • One-bedroom apartments in San Pedro average $1,966 per month.
  • Two-bedroom apartments in San Pedro average $2,755 per month.
  • Three-bedroom apartments in San Pedro average $3,967 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$1,376/month
415 Sq Ft
One Bedroom
$1,966/month
607 Sq Ft
Two Bedroom
$2,755/month
903 Sq Ft
Three Bedroom
$3,967/month
1,270 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Two Bedroom
$3,398/month
802 Sq Ft
Three Bedroom
$4,411/month
1,239 Sq Ft
Four Bedroom
$7,709/month
1,741 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$2,297/month
703 Sq Ft
Two Bedroom
$2,811/month
969 Sq Ft
Three Bedroom
$4,127/month
1,564 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$2,143/month
1,112 Sq Ft
Two Bedroom
$3,248/month
1,175 Sq Ft
Three Bedroom
$4,719/month
1,552 Sq Ft
Four Bedroom
$5,455/month
1,633 Sq Ft
View San Pedro Apartments

How much has average rent changed in San Pedro, CA?

In the past year, rent has increased by 1.1%, which averages out to $22 more per month.

Market Trends Over Time

July 2026

2025 2026
Market Trends Over Time

Rent Ranges in San Pedro, CA

July 2026
Above $2,000
Most rental prices fall within this range
Rent Ranges in San Pedro, CA
Percentage*
Rent Range
1% Below $700/month
9% $700 - $1,000/month
30% $1,001 - $1,500/month
22% $1,501 - $2,000/month
37% Above $2,000/month

Rent by Neighborhood

  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in San Pedro?

Based on current rent prices, Northwest San Pedro and Central San Pedro" are the most affordable neighborhoods in San Pedro.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Northwest San Pedro
$2,259/month
737 Sq Ft
Central San Pedro
$2,558/month
731 Sq Ft

What are the most expensive neighborhoods in San Pedro?

Based on current rent prices, Central San Pedro and Northwest San Pedro" are the most expensive neighborhoods in San Pedro.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Central San Pedro
$2,558/month
731 Sq Ft
Northwest San Pedro
$2,259/month
737 Sq Ft

Which San Pedro neighborhoods have the most rentals available?

The neighborhoods in San Pedro with the most apartments available are Central San Pedro and Northwest San Pedro" .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Central San Pedro
$2,558/month
731 Sq Ft
Northwest San Pedro
$2,259/month
737 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in San Pedro, CA?

Because the average rent in San Pedro is $1,966, you’ll want to make about $6,553 per month or $78,636 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

San Pedro, CA

391 Available Apartments for Rent

Search for Nearby Apartments

How does San Pedro, CA compare to other nearby cities and neighborhoods?

Use the tool below to compare San Pedro, 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 San Pedro Area Guide

Apartment Averages

Northwest San Pedro

San Pedro, CA

Central San Pedro

San Pedro, CA

Studio
$1,454/month
$1,380/month
One Bedroom
$1,950/month
$2,082/month
Two Bedroom
$3,104/month
$2,790/month
Three Bedroom
$4,471/month
$3,292/month
View Rentals
View Rentals

Compare Rent Trends Nearby

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

  • Wilmington

    Wilmington

  • Rancho Palos Verdes

    Rancho Palos Verdes

  • Carson

    Carson

Apartment Communities in San Pedro We Think You'll Love

Seaport Homes Luxury Homes & Townhouses

Seaport Homes Luxury Homes & Townhouses

28000 S Western Ave,
San Pedro, CA 90732

1-2 Beds | $2,800 - $3,300

Thrive on 5th

Thrive on 5th

448 W 5th St,
San Pedro, CA 90731

Studio - 3 Beds | $2,200 - $3,895

Vivo on Harbor

Vivo on Harbor

511 S Harbor Blvd,
San Pedro, CA 90731

Studio - 2 Beds | $2,410 - $4,475

Suncrest at Ponte Vista

Suncrest at Ponte Vista

1483 W Vista Way,
San Pedro, CA 90732

2-4 Beds | $4,024 - $5,529

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Frequently Asked Questions

What is the average rent in San Pedro?

The average rent in San Pedro is $1,966 per month, which is 18.2% higher than the national average of $1,663.

What is the average rent for a house in San Pedro?

The average rent for a house in San Pedro, CA is $4,411 per month.

What is the average rent for a townhome in San Pedro?

The average rent for a townhome in San Pedro, CA is $3,248 per month.

What is the average rent for a condo in San Pedro?

The average rent for a condo in San Pedro, CA is $2,297 per month.

Are rents going up or down in San Pedro?

Rents in San Pedro, CA are increasing, with prices up 1.1% year-over-year and $22 more per month.

What rent range is most common in San Pedro?

In San Pedro, CA, 37% of apartments fall above $2,000/month, though prices may vary depending on location and other factors.

United States California San Pedro 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