How much does it cost to rent in Rancho Palos Verdes, CA?

As of July 2026, the median monthly rent in Rancho Palos Verdes, CA is $4,433. This figure is based on aggregated data from public sources and community-submitted rents.

Is Rancho Palos Verdes cheaper than other California cities?

Rancho Palos Verdes is one of the pricier cities in California, ranking #27 out of 387 cities tracked at $4,433/mo.

When was Rancho Palos Verdes rent data last updated?

Rancho Palos Verdes rent data reflects July 2026 and was last refreshed on July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.

City Report · CA

Rancho Palos Verdes

Name: Average Rent Prices in Rancho Palos Verdes, CA
Creator: RentDataNow
License: https://rentdatanow.com/terms-of-service

Pop. 40,864·27th most expensive in California·Rancho Palos Verdes rents have dropped 5.5%, currently a renter's market

Median rent (all units)

$4,433/mo

Year-over-Year

-5.5%

Month-over-Month

-10.3%

vs US Median

+$2,468

Falling (Monthly)

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Most AffordableMost Expensive

Rancho Palos Verdes · $4,433

More expensive than 98% of US cities · National median $1,965/mo

Rent Reality Score

90/100

Great value

OverheatedFairGreat value

Rents are 20% below what Rancho Palos Verdes's 10-year trend predicts — a better deal than its own history suggests.

Actual rent

$4,433/mo

Expected by trend

$5,529/mo

The Rent Reality Score compares today's median rent to where Rancho Palos Verdes's own long-run trajectory projects it should be. See the full rankings →

Medians by bedroom

Rent by unit size

Studio

$2,790

1 BR

$3,120

2 BR

$3,940

3 BR

$5,010

4 BR+

$5,550

Research median

$3,940/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

Loading…

Last updated: July 20, 2026

Annual cost

$53,196/yr

At $4,433/mo median

Rent Market Meter

Strong Renter's Market

Renter's MarketBalancedLandlord's Market

Rents are down 5.5% year-over-year. Push hard on price, concessions, and lease terms.

Based on rent-price momentum (-5.5% YoY, -10.3% MoM), not inventory.

Rent check

Is your rent fair?

Compare your rent to the local median.

Demographics

Who lives here

Rancho Palos Verdes, CA is majority owner-occupied, has a large retiree population, has a median income above the national average, 70.5% of residents hold a bachelor's degree or higher.

Population

40,864

Median income

$179,623

Median age

49.1

Renters

19.6%

Age distribution

22.2%

25.7%

14.5%

26.8%

Under 1822.2%

18–3410.8%

35–5425.7%

55–6414.5%

65+26.8%

Gender

48.4%

51.6%

Male48.4%

Female51.6%

Race & ethnicity

48%

12.1%

31.9%

White48%

Black1.6%

Hispanic12.1%

Asian31.9%

Other6.4%

Education (25+)

19.7%

70.5%

No HS diploma1.5%

HS diploma8.3%

Some college19.7%

Bachelor's+70.5%

Housing tenure

80.4%

19.6%

Owner80.4%

Renter19.6%

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

2021 vs 2026

How Rancho Palos Verdes, CA has changed in 5 years

Rent

$4,255 → $4,433

up 4.2%

Income

$158,996 → $179,623

up 13.0%

Population

42,316 → 40,864

down 3.4%

Renter share

21.1% → 19.6%

-1.5 pts

Bachelor's+

68.4% → 70.5%

+2.1 pts

Median age

49.7 → 49.1

-0.6 yrs

Rent in Rancho Palos Verdes, CA has climbed 4.2% since 2021, going from about $4,255 per month to roughly $4,433 today. Local incomes tracked alongside that move, going from a median of $158,996 in 2021 to $179,623 more recently. Income growth outran rent by about 8.8 percentage points, easing the affordability math somewhat compared with 2021. Headcount in the area went from 42,316 to 40,864 between 2021 and 2024, a 3.4% change. About 19.6% of households rent today, against 21.1% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 68.4% to 70.5%. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the Rancho Palos Verdes, CA market of 2021.

Community

Discussions about Rancho Palos Verdes

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View Rancho Palos Verdes rent history (2015–2026) →

Salary vs rent

Can you afford rent in Rancho Palos Verdes on your salary?

At $4,433/mo, how Rancho Palos Verdes rent compares to typical pay (30% rule).

Registered Nurse

Avg $111,486/yr · Rent = 47.7% income

rent-burdened

Elementary School Teacher

Avg $79,154/yr · Rent = 67.2% income

severely rent-burdened

Police Officer

Avg $91,179/yr · Rent = 58.3% income

severely rent-burdened

Software Developer

Avg $162,970/yr · Rent = 32.6% income

stretched

Lawyer

Avg $208,235/yr · Rent = 25.5% income

affordable

Firefighter

Avg $74,116/yr · Rent = 71.8% income

severely rent-burdened

Truck Driver

Avg $66,918/yr · Rent = 79.5% income

severely rent-burdened

Electrician

Avg $82,482/yr · Rent = 64.5% income

severely rent-burdened

By apartment size

Rancho Palos Verdes rent by bedroom count

Median rent for each apartment size in Rancho Palos Verdes. Click any size for full breakdown.

Local insights

Tips for renters in Rancho Palos Verdes

About renting in Rancho Palos Verdes, CA

Last updated: July 20, 2026

The median rent in Rancho Palos Verdes is $4,433/mo as of July 2026. A studio apartment averages $2,790/mo while a 2-bedroom runs $3,940/mo. One-bedroom apartments average $3,120/mo and 3-bedroom units go for $5,010/mo.

At 30% of local median household income ($179,623/yr), Rancho Palos Verdes ranks as moderate compared to the national benchmark of 30%. Rents have decreased 5.5% over the past year.

FAQ

Frequently asked questions

Is Rancho Palos Verdes an affordable city for renters?

Rancho Palos Verdes is considered moderate for renters. At $4,433/mo, rent takes approximately 30% of the local median household income ($179,623/yr). The standard benchmark is 30%. Rancho Palos Verdes slightly exceeds that threshold, so budgeting carefully matters here.

How much income do you need to rent in Rancho Palos Verdes?

To keep rent at or below 30% of gross income, you would need to earn at least $177,000/year (~$85/hour full-time) to afford the median rent of $4,433/mo in Rancho Palos Verdes. The local median household income is $179,623/yr, meaning the typical Rancho Palos Verdes household meets that threshold.

Is rent going up or down in Rancho Palos Verdes?

Rent in Rancho Palos Verdes has decreased 5.5% over the past year as of July 2026, offering some relief compared to 12 months ago.

How does Rancho Palos Verdes rent compare to other cities in California?

Rancho Palos Verdes is one of the pricier cities in California for rent, ranking #27 out of 387 tracked cities at $4,433/mo.

Which nearby cities are cheaper to rent in than Rancho Palos Verdes?

Several nearby cities have lower median rents than Rancho Palos Verdes ($4,433/mo): Torrance ($2,997/mo), Lomita ($3,118/mo), Redondo Beach ($3,543/mo).

What percentage of Rancho Palos Verdes residents rent vs. own?

According to Census data, approximately 19.6% of Rancho Palos Verdes households are renters, while 80.4% are owner-occupied. Rancho Palos Verdes leans toward homeownership, which can mean a smaller rental inventory.

How does Rancho Palos Verdes rent compare to the national average?

Rancho Palos Verdes's median rent of $4,433/mo is $2,468 (126%) above the US national median of $1,965/mo. Within California, it ranks #27 out of 387 tracked cities.

Income Affordability

30%

MODERATE

At $4,433/mo, rent takes ~30% of Rancho Palos Verdes's median household income ($179,623/yr). The standard benchmark is 30%.

Rancho Palos Verdes 30%Benchmark 30%

State income tax1–13.3%

Run the Rancho Palos Verdes affordability calculator →

Nearby cities