Apartments in 90731

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$1,325
San Pedro, CA
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How much does it cost to rent an apartment in 90731?

90731 apartments
Bed Type Average Rent Range
Studio $1,670 $960 - $2,340
1BR $2,000 $1,560 - $3,480
2BR $2,500 $1,990 - $4,750
3BR $3,100 $2,900 - $4,580
Find an Apartment in 90731
Looking for apartments for rent in 90731 San Pedro, CA? Rentable has a variety of options for you to choose from. Currently, there are 145 units available for rent in this zip code. The average rent in 90731 is $2,300, with various floor-plan types, including studio starting at $955.

Located in San Pedro, CA, 90731 offers a range of nearby parks and attractions for outdoor enthusiasts. You can explore the beautiful Cabrillo Beach, Point Fermin Park, or take a stroll along the coastal Pacific Avenue. In addition, the zip code is home to Point Fermin Lighthouse and the Korean Bell of Friendship, which are both popular landmarks.

If you are searching for apartments near 90731, Rentable is here to help you find your next home. With a variety of options available, you can easily find a rental that suits your needs. Take a look at Rentable's listings for apartments in 90731 and discover your perfect match today.

San Pedro:
March Rent Report

Welcome to the March 2026 San Pedro Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the March 2026 key findings and figures for the San Pedro rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in San Pedro and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of San Pedro average rent prices in the chart below.

Monthly Rent Report

$3,200
$2,400
$1,600
$800
$0
Apr. 2025
May. 2025
Jun. 2025
Jul. 2025
Aug. 2025
Sep. 2025
Oct. 2025
Nov. 2025
Dec. 2025
Jan. 2026
Feb. 2026
Mar. 2026
1 BR       2 BR

San Pedro Rent Prices Decrease From February to March

San Pedro rent prices decreased over the last month. From February to March, the city experienced a 0% decrease for the price of a one-bedroom apartment. The rent price for a San Pedro one-bedroom apartments currently stands at $.

When we take a look at the two-bedroom comparison from February to March, San Pedro experienced a 0% decrease for the price of a two-bedroom apartment. The rent price for a San Pedro two-bedroom apartments currently stands at $.

March Prices: San Pedro vs. Surrounding Areas

Rent Prices in San Pedro and Surrounding Areas

Rent prices have decreased in San Pedro over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the San Pedro suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the San Pedro suburbs

  • Rents did not decrease in any of the San Pedro suburbs.

March 2026 Pricing Trends: San Pedro vs. National Comparisons

San Pedro Rent Prices More Affordable Than Major Cities

Rent growth in San Pedro over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, San Pedro average rent prices appear to be relatively affordable for local residents.

The price for a San Pedro one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about San Pedro and surrounding area rent prices, take a look at the complete data set below.

Data set for San Pedro and suburbs

1 BR March 1 BR M/M % Change 2 BR March 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.