San Pedro, Los Angeles, CA—90731

As of July '25, Rentcast reports the average rent in San Pedro, Los Angeles, CA is $2,620, with a year-over-year rent change of -3.7%. Per bedroom, the median rent as of July '25 in San Pedro, Los Angeles, CA is studios: $1,610, 1-bedrooms: $1,980, 2-bedrooms: $2,590, 3-bedrooms: $3,800, 4-bedrooms: $4,890. The most common rental property sizes in San Pedro, Los Angeles, CA are 2-bedroom and 1-bedroom, accounting for 43.9% and 29.9% of the rental stock.

As of the latest ACS Survey released in 2023, San Pedro, Los Angeles, CA has a population of 62,500, which has remained stable by 1.0% over the past 5 years. San Pedro, Los Angeles, CA is a moderately popular place for families, as children make up 21.8% of the population. The area has a moderately educated workforce, with 25.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.5% reporting working from home.

As of the latest ACS Survey released in 2023, San Pedro, Los Angeles, CA is a predominantly hispanic area, with 56.9% of the population identifying as hispanic. The hispanic population has grown by 0.5% in the last 5 years. The second most common race or ethnicity in San Pedro, Los Angeles, CA is white, making up 26.9% of the population. Foreign-born residents account for 26.0% of the population in San Pedro, Los Angeles, CA, and this percentage has increased by 11.6% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

As of 2024, the percent of homes in San Pedro, Los Angeles, CA under the Section 8 program is 8.1%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In San Pedro, Los Angeles, CA, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.