Cost of Living in Rancho Palos Verdes, California
Rancho Palos Verdes has a population of about 40,864. The median household income is $179,623, median gross rent is $3,501/month, and the median home value is $1,609,400. These figures come from 2020-2024 ACS 5-Year estimates, the latest full-coverage Census baseline for U.S. cities.
How current is this? Census city data is released with a lag because it is survey-based and designed for consistent coverage across small and large places. Use it as an official affordability baseline; current apartment listings and mortgage rates may differ.
Is Rancho Palos Verdes expensive to live in?
Compared with the national median in this dataset, rent in Rancho Palos Verdes is 112% above the national median and home values are 330% above the national median. Household income here is 114% above the national median. Monthly rent represents roughly 23% of the median annual household income, a rough affordability signal for renters.
Frequently asked questions
What is the average rent in Rancho Palos Verdes?
The median gross rent in Rancho Palos Verdes, California is $3,501 per month in the 2020-2024 ACS 5-Year estimates.
What is the median home price in Rancho Palos Verdes?
The median owner-occupied home value in Rancho Palos Verdes is $1,609,400 in the 2020-2024 ACS 5-Year estimates.
How much do people earn in Rancho Palos Verdes?
The median household income in Rancho Palos Verdes is $179,623 per year in the 2020-2024 ACS 5-Year estimates.
Data source: U.S. Census Bureau, 2020-2024 ACS 5-Year Estimates. Local database last refreshed 2026-07-11.