|Rent Price||May||vs Last Month|
|1 bed apartments||$2,890||+8.3%|
|2 bed apartments||$3,048||-2.2%|
|3 bed apartments||$5,000||N/A|
|4+ bed apartments||$3,302||+66.2%|
Over the May 2020, the average rent for an apartment in/near Palms, Los Angeles, CA increased by 5.7% to $2,985.
Breaking it down in details, we now see that the average price for 1-bed apartment increased by 8.3% to $2,890. Pricing for 2-bed apartment also decreased by 2.2% and a place of this size will now cost you $3,048. Reports state that an average 3-bed apartment pricing did not change, so you can still get yourself one for $5,000. We tend to note the rise of 4- and more bed apartment pricing. It increased by 66.2% and made it up to $3,302.
|Rent Type Price||May||vs Last Month|
The median rent for an apartment in Palms, Los Angeles, CA increased by 9.6% to $3,082. The median rent for a house is still $5,000 with no significant changes this month. Condo for rent is now available for the same pricing as previously — $2,990. An average room will now go for $950, the median rent price for a room decreased by 2.9%.