Lancaster / Palmdale, CA
August 2026
93534,93535,93550,93551
Long-term Rental Rates
Apartment
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,527 – $1,688 | -3.40% | -3.53% |
| 2-Bedroom | $1,802 – $1,992 | 0.86% | -4.12% |
| 3-Bedroom | $2,430 – $2,659 | 1.71% | 0.01% |
| 4-Bedroom | $3,628 – $4,010 | -10.96% | -10.66% |
Condo/Townhome
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,945 – $2,045 | 0.18% | 0.53% |
| 2-Bedroom | $2,089 – $2,263 | 3.29% | 0.37% |
| 3-Bedroom | $2,641 – $2,804 | 1.08% | 1.30% |
| 4-Bedroom | $4,349 – $4,664 | 0.67% | 1.75% |
Single-Family
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $2,295 – $2,413 | 0.11% | -1.36% |
| 2-Bedroom | $2,077 – $2,250 | -3.15% | -1.74% |
| 3-Bedroom | $2,564 – $2,863 | -0.42% | 3.64% |
| 4-Bedroom | $2,900 – $3,238 | 1.06% | 1.65% |
In the Lancaster / Palmdale (93534, 93535, 93550, 93551) rental market, 1-bedroom apartments rose 2.2% month-over-month to reach a median rent of $1,656. While this marks notable short-term growth, the annual comparison shows a 1.3% decline, underscoring differing trends depending on the timeframe observed.
Single-family 3-bedroom rentals in Lancaster / Palmdale (93534, 93535, 93550, 93551) lead at $2,736, outpacing 3BR apartments by $225 and 3BR condos by $22. These homes posted a 5.4% year-over-year increase, the strongest annual rent appreciation across comparable property types in this size category.
Looking at May 2026, Lancaster / Palmdale (93534, 93535, 93550, 93551) rental trends reveal that 4-bedroom condos and townhomes decreased 0.8% year-over-year to a median of $4,398. In contrast, 4BR single-family homes gained 5.3% annually, highlighting divergent performance among larger rental segments.