City Report · CA

Palmdale

Pop. 164,634·203rd most expensive in California·One of the pricier rental markets in the US
Median rent (all units)
$2,745/mo
Year-over-Year
-2.4%
Month-over-Month
+0.9%
vs US Median
+$783
Rising (Monthly)
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Most AffordableMost Expensive
Palmdale · $2,745
More expensive than 85% of US cities · National median $1,962/mo
Rent Reality Score
78/100
Good value
OverheatedFairGreat value

Rents are 14% below what Palmdale's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$2,745/mo
Expected by trend
$3,199/mo
The Rent Reality Score compares today's median rent to where Palmdale's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,845
1 BR
$2,075
2 BR
$2,620
3 BR
$3,345
4 BR+
$3,700
Fair Market Rent (HUD)
$2,620/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,745 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: August 17, 2026

Annual cost
$32,940/yr
At $2,745/mo median
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (-2.4% YoY, +0.9% MoM), not inventory.
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Demographics

Who lives here

Palmdale, CA is majority owner-occupied, has a large share of families with children, 17.1% of residents hold a bachelor's degree or higher.

Population
164,634
Median income
$81,770
Median age
33
Renters
33.8%
Age distribution
29.5%
23%
24.4%
Under 1829.5%
18–3423%
35–5424.4%
55–6411.9%
65+11.1%
Gender
49.4%
50.6%
Male49.4%
Female50.6%
Race & ethnicity
23.4%
13.1%
63.5%
White23.4%
Black13.1%
Hispanic63.5%
Asian4.8%
Education (25+)
22.8%
30.3%
29.8%
17.1%
No HS diploma22.8%
HS diploma30.3%
Some college29.8%
Bachelor's+17.1%
Housing tenure
66.2%
33.8%
Owner66.2%
Renter33.8%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Palmdale, CA has changed in 5 years

Rent
$2,047 → $2,745
up 34.1%
Income
$70,858 → $81,770
up 15.4%
Population
167,987 → 164,634
down 2.0%
Renter share
35.3% → 33.8%
-1.5 pts
Bachelor's+
16.1% → 17.1%
+1.0 pts

Five years ago, renters in Palmdale, CA paid around $2,047 a month. That figure now sits near $2,745, up 34.1% from the 2021 baseline. Local incomes tracked alongside that move, going from a median of $70,858 in 2021 to $81,770 more recently. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show Palmdale, CA losing about 3,353 residents over the five-year window, down 2.0% on net. The renter share has eased from 35.3% to 33.8%, with owner-occupied housing accounting for the remainder. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the Palmdale, CA market of 2021.

Community

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View Palmdale rent history (2015–2026) →
Salary vs rent

Can you afford rent in Palmdale on your salary?

At $2,745/mo, how Palmdale rent compares to typical pay (30% rule).

By apartment size

Palmdale rent by bedroom count

Median rent for each apartment size in Palmdale. Click any size for full breakdown.

Local insights

Tips for renters in Palmdale

About renting in Palmdale, CA

Last updated: August 17, 2026

The median rent in Palmdale is $2,745/mo as of August 2026. A studio apartment averages $1,845/mo while a 2-bedroom runs $2,620/mo. One-bedroom apartments average $2,075/mo and 3-bedroom units go for $3,345/mo.

At 40% of local median household income ($81,770/yr), Palmdale ranks as moderate compared to the national benchmark of 30%. Rents have decreased 2.4% over the past year.

FAQ

Frequently asked questions

Is Palmdale an affordable city for renters?

Palmdale is considered moderate for renters. At $2,745/mo, rent takes approximately 40% of the local median household income ($81,770/yr). The standard benchmark is 30%. Palmdale slightly exceeds that threshold, so budgeting carefully matters here.

How much income do you need to rent in Palmdale?

To keep rent at or below 30% of gross income, you would need to earn at least $110,000/year (~$53/hour full-time) to afford the median rent of $2,745/mo in Palmdale. The local median household income is $81,770/yr, meaning the typical Palmdale household falls short of that threshold.

Is rent going up or down in Palmdale?

Rent in Palmdale has decreased 2.4% over the past year as of August 2026, offering some relief compared to 12 months ago.

Which Palmdale neighborhoods have the lowest rent?

The most affordable ZIP codes in Palmdale are 93550 ($2,234/mo), and 93551 ($3,241/mo). Citywide, the median rent in Palmdale is $2,745/mo.

How does Palmdale rent compare to other cities in California?

Palmdale is middle-of-the-pack for California for rent, ranking #203 out of 381 tracked cities at $2,745/mo.

Which nearby cities are cheaper to rent in than Palmdale?

Lancaster is nearby and more affordable at $2,438/mo, which is $307 less than Palmdale.

What percentage of Palmdale residents rent vs. own?

According to Census data, approximately 33.8% of Palmdale households are renters, while 66.2% are owner-occupied. Palmdale leans toward homeownership, which can mean a smaller rental inventory.

How does Palmdale rent compare to the national average?

Palmdale's median rent of $2,745/mo is $783 (40%) above the US national median of $1,962/mo. Within California, it ranks #203 out of 381 tracked cities.
Income Affordability
40%
MODERATE

At $2,745/mo, rent takes ~40% of Palmdale's median household income ($81,770/yr). The standard benchmark is 30%.

Palmdale 40%Benchmark 30%
State income tax1–13.3%
Run the Palmdale affordability calculator →
Lowest-rent ZIP codes in Palmdale
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Palmdale, CA

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