5 rentals in Paramount
Paramount is a city in Los Angeles County, California, United States. According to the 2020 census, the city had a total population of 53,733, down from 54,098 at the 2010 census. Part of the Greater Los Angeles area, Paramount is bordered by Compton and Lynwood to the west, South Gate and Downey to the north, Bellflower to the east and south, and Long Beach to the south.
Paramount is a diverse city in southeast LA County with affordable housing. Features industrial employment and convenient freeway access.
Today, Paramount has 5 homes for rent at a median rent of $2,450/mo, typically leasing in about 126 days.
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Median Rent
$2,150/mo
Months of Rental Inventory
Estimated time to lease all rentals at the current leasing pace
0.3 months of supply
Landlord's MarketWith only 5 active rentals, supply is tight.
What this means for renters
Rental inventory is tight relative to how many homes get leased each month—fewer options, and well-priced units draw competition. Rentals typically lease in ~126 days.
Rental Velocity
How fast rentals are leasing
Rentals are sitting on the market—renters have strong leverage to negotiate rent, terms, and move-in specials. Leasing 53% faster than 6 months ago.
Rental Inventory Distribution
Rentals are taking longer to lease—a larger share of listings remain on the market beyond 30 days, giving renters more leverage.
Housing Tenure in Paramount
Renting is more common here than statewide—this market has more rental inventory and transient residents.
43%
Homeowners
57%
Renters
Homeownership is 12.5% lower than the California average (55.5%)
14,348 households (2023)
Median Rent by Bedroom
Rent increases significantly with bedroom count—larger units command premium prices.
Each additional bedroom adds about $1,114/mo to rent on average.
Rent Reductions
2 listings have reduced their rent
40% of active listings
Average reduction: 7.6% (~$186/mo)
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