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156 2 Bedroom Apartments for rent in Rancho Palos Verdes, CA

Last updated November 19 at 11:48am UTC
26110 Narbonne Ave
26110 Narbonne Avenue
Lomita, CA
Updated October 22 at 11:09pm UTC
2 Bedrooms
$1,995
28006 South Western Avenue
Northwest San Pedro
Los Angeles, CA
Updated November 19 at 11:48am UTC
2 Bedrooms
$1,850
Results within 1 miles of Rancho Palos Verdes, CA
28006 S Western Avenue
Northwest San Pedro
Los Angeles, CA
Updated November 18 at 1:48pm UTC
2 Bedrooms
$2,400
7 VIA GRANADA
Rolling Hills Estates
Rolling Hills Estates, CA
Updated November 14 at 5:42pm UTC
2 Bedrooms
$3,400
26123 Frampton Avenue
Harbor City
Los Angeles, CA
Updated November 12 at 9:23am UTC
2 Bedrooms
$2,200
15 Cypress Way
Rolling Hills Estates
Rolling Hills Estates, CA
Updated November 12 at 9:19am UTC
2 Bedrooms
$3,300
25837 Oak Street
Lomita
Lomita, CA
Updated November 7 at 9:43pm UTC
2 Bedrooms
$2,000
The CitiZen South Bay on W235
2545 W 235th St
Torrance, CA
Updated November 15 at 8:33am UTC
2 Bedrooms
$2,650
Results within 5 miles of Rancho Palos Verdes, CA
3200 La Rotonda Drive
Rancho Palos Verdes
Rancho Palos Verdes, CA
Updated November 15 at 9:39am UTC
2 Bedrooms
$3,475
6542 Ocean Crest Drive
Rancho Palos Verdes
Rancho Palos Verdes, CA
Updated November 11 at 2:00am UTC
2 Bedrooms
$2,650
635 Paseo De La Playa
Riviera
Redondo Beach, CA
Updated November 19 at 9:14am UTC
2 Bedrooms
$4,000
1445 Brett Place
Northwest San Pedro
Los Angeles, CA
Updated November 17 at 5:49am UTC
2 Bedrooms
$2,195
953 W 1st Street 2
, CA
Updated November 14 at 5:29pm UTC
2 Bedrooms
$1,900
25 Oaktree Lane
Rolling Hills Estates
Rolling Hills Estates, CA
Updated November 11 at 9:38am UTC
2 Bedrooms
$3,600
649 Paseo De La Playa
Riviera
Redondo Beach, CA
Updated November 8 at 9:35am UTC
2 Bedrooms
$3,900

November 2018 Rancho Palos Verdes Rent Report

Welcome to the November 2018 Rancho Palos Verdes Rent Report. Rancho Palos Verdes rents increased over the past month. In this report, we'll evaluate trends in the Rancho Palos Verdes rental market, including comparisons to cities throughout the metro, state, and nation.

View full Rancho Palos Verdes Rent Report
Rent Report
Rancho Palos Verdes

November 2018 Rancho Palos Verdes Rent Report

Welcome to the November 2018 Rancho Palos Verdes Rent Report. Rancho Palos Verdes rents increased over the past month. In this report, we'll evaluate trends in the Rancho Palos Verdes rental market, including comparisons to cities throughout the metro, state, and nation.

Rancho Palos Verdes rents increased significantly over the past month

Rancho Palos Verdes rents have increased 0.4% over the past month, and are up moderately by 3.4% in comparison to the same time last year. Currently, median rents in Rancho Palos Verdes stand at $3,480 for a one-bedroom apartment and $4,470 for a two-bedroom. This is the second straight month that the city has seen rent increases after a decline in August. Rancho Palos Verdes' year-over-year rent growth leads the state average of 1.3%, as well as the national average of 1.1%.

Rents rising across the Los Angeles Metro

Throughout the past year, rent increases have been occurring not just in the city of Rancho Palos Verdes, but across the entire metro. Of the largest 10 cities that we have data for in the Los Angeles metro, 8 of them have seen prices rise. Here's a look at how rents compare across some of the largest cities in the metro.

  • Santa Clarita has seen the fastest rent growth in the metro, with a year-over-year increase of 4.1%. The median two-bedroom there costs $2,610, while one-bedrooms go for $2,030.
  • Over the past month, Huntington Beach has seen the biggest rent drop in the metro, with a decline of 1.4%. Median two-bedrooms there cost $2,370, while one-bedrooms go for $1,850.
  • Irvine has the most expensive rents of the largest cities in the Los Angeles metro, with a two-bedroom median of $2,710; rents increased 0.1% over the past month but remained flat year-over-year.
  • Lancaster has the least expensive rents in the Los Angeles metro, with a two-bedroom median of $1,750; rents went down 0.2% over the past month but rose 2.3% over the past year.

Many large cities nationwide show more affordable rents compared to Rancho Palos Verdes

As rents have increased moderately in Rancho Palos Verdes, a few large cities nationwide have seen rents grow more modestly, or in some cases, even decline. Compared to most large cities across the country, Rancho Palos Verdes is less affordable for renters.

  • Rents increased moderately in other cities across the state, with California as a whole logging rent growth of 1.3% over the past year. For example, rents have grown by 2.7% in San Jose, 1.2% in San Francisco, and 0.9% in San Diego.
  • Rancho Palos Verdes' median two-bedroom rent of $4,470 is above the national average of $1,180. Nationwide, rents have grown by 1.1% over the past year compared to the 3.4% rise in Rancho Palos Verdes.
  • While Rancho Palos Verdes' rents rose moderately over the past year, the city of Seattle saw a decrease of 1.3%.
  • Renters will generally find more expensive prices in Rancho Palos Verdes than most large cities. For example, Houston has a median 2BR rent of $1,030, where Rancho Palos Verdes is more than four times that price.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.
City Median 1BR price Median 2BR price M/M price change Y/Y price change
Los Angeles $1,370 $1,760 0.0% 1.3%
Long Beach $1,380 $1,780 -0.2% 1.0%
Anaheim $1,650 $2,120 -0.7% 2.2%
Santa Ana $1,450 $1,860 -0.6% 0.4%
Irvine $2,110 $2,710 0.1% 0.2%
Glendale $1,400 $1,800 0.9% 2.0%
Huntington Beach $1,850 $2,370 -1.4% -0.8%
Santa Clarita $2,030 $2,610 0.2% 4.1%
Garden Grove $1,630 $2,100 -0.1% -0.7%
Lancaster $1,360 $1,750 -0.2% 2.3%
See more

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.