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These days, finding an affordable place to live in the 90240 area can be challenging. Home prices in 90240 are now at a median cost of $855,935, higher than the California average of $812,006.
The average cost of rent is $2,320/mo in 90240, primarily driven by the current value of real estate in the 90240 area. In 90240, 33.73% of households rent, and 29.94% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 90240 is $9,684 per month. Households that rent pay about 23.95% of their income on rent here. 90240’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northwestern parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 90241, CA: equally priced homes
- 90670, CA: less expensive homes
- 90660, CA: less expensive homes
- 90242, CA: less expensive homes
- 90201, CA: less expensive homes
- 90606, CA: less expensive homes
- 90040, CA: less expensive homes
- 90640, CA: less expensive homes
- 90650, CA: less expensive homes
- 90270, CA: less expensive homes
Zip Codes with Similar Populations
- 00641, PR: less expensive homes
- 35160, AL: less expensive homes
- 34652, FL: less expensive homes
- 29420, SC: less expensive homes
- 29036, SC: less expensive homes
- 15217, PA: less expensive homes
- 11104, NY: less expensive homes
- 07652, NJ: equally priced homes
- 02215, MA: equally priced homes
- 04106, ME: less expensive homes
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