ZIP Code · CA

ZIP 93550

Part of Palmdale, CA

Pop. 80,645·Los Angeles County·656th most expensive ZIP in California

Median rent (all units)

$2,406/mo

Year-over-Year

+1.6%

Month-over-Month

+1.0%

vs US Median

+$474

Reported rents

Rising (Monthly)

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Most AffordableMost Expensive

ZIP 93550 · $2,406

More expensive than 77% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$1,440

1 BR

$1,630

2 BR

$2,070

3 BR

$2,650

4 BR+

$2,920

Research median

$2,070/mo

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

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in ZIP 93550 is at its highest level since Zillow's records here began in July 2022.

Past year vs. the rest of California

Rent in ZIP 93550 changed +1.6% over the year to September 2026. Across the 819 California ZIP codes Zillow tracks, the typical change was +3.2%.

Recent direction

Rent rose in 8 of the last 12 months.

What a typical income covers

30% of the median household income ($62,078) is $1,552 a month. That covers HUD's Fair Market Rent for up to a studio ($1,440); a 1-bedroom is $1,630.

From Zillow's monthly rent index (ZORI) for ZIP 93550. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$28,872/yr

At $2,406/mo median

Location

CityPalmdale

StateCA

CountyLos Angeles County

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (1.6% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+1.6% YoY, +1.0% MoM), not inventory.

Demographics

Who lives here

ZIP 93550 (Palmdale, CA) is roughly split between renters and owners, has a large share of families with children, has a median income below the national average, 10% of residents hold a bachelor's degree or higher.

Population

80,645

Median income

$62,078

Median age

30.7

Renters

48.8%

Age distribution

30.7%

25.5%

22.4%

Under 1830.7%

18–3425.5%

35–5422.4%

55–6410.6%

65+10.7%

Gender

48.5%

51.5%

Male48.5%

Female51.5%

Race & ethnicity

19.9%

14.2%

69.6%

White19.9%

Black14.2%

Hispanic69.6%

Asian3%

Education (25+)

28.9%

33.1%

28%

No HS diploma28.9%

HS diploma33.1%

Some college28%

Bachelor's+10%

Housing tenure

51.2%

48.8%

Owner51.2%

Renter48.8%

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

2023 vs 2026

How ZIP 93550 in Palmdale, CA has changed in 5 years

Rent

$2,217 → $2,406

up 8.5%

Income

$54,693 → $62,078

up 13.5%

Population

82,580 → 80,645

down 2.3%

Renter share

46.8% → 48.8%

+2.0 pts

Bachelor's+

8.8% → 10%

+1.2 pts

Median age

30.2 → 30.7

+0.5 yrs

Since 2023, the typical rent in ZIP 93550 in Palmdale, CA has climbed from $2,217 to $2,406, a 8.5% change over five years. Census figures show median household income at $62,078 today, compared with $54,693 five years earlier. On paper, paychecks moved up faster than rent, which softens the affordability squeeze versus the 2021 baseline. The population has contracted by 2.3% since 2021, moving from about 82,580 residents to roughly 80,645. Renters now make up 48.8% of households, compared with 46.8% five years ago. The combined trend lines point to a market that has changed measurably from where it stood in early 2023.

Community

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Local insights

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About renting in ZIP 93550

Last updated: October 17, 2026

ZIP code 93550 covers Palmdale, CA. The median rent here is $2,406/mo as of October 2026. A 1-bedroom rents for a median of $1,630/mo. A 2-bedroom rents for a median of $2,070/mo.

At 47% of local median household income ($62,078/yr), ZIP 93550 ranks as moderate compared to the national benchmark of 30%. Rents have increased 1.6% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 93550?

To keep rent at or below 30% of gross income, you would need to earn at least $96,000/year (about $46/hour full-time) to afford the median rent of $2,406/mo in ZIP 93550. The local median household income is $62,078/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 93550?

Rent in ZIP 93550 has risen 1.6% over the past year as of September 2026. That is the highest level since Zillow's records here began in July 2022.

How does ZIP 93550 compare to other ZIPs in California?

ZIP 93550 is one of the more affordable among California ZIP codes for rent, ranking #656 of 898 at $2,406/mo. Over the year to September 2026, rent in ZIP 93550 changed +1.6%, against a typical +3.2% across the 819 California ZIP codes Zillow tracks.