
Home Price Key
These days, finding an affordable place to live in the Beverly Hills area can be challenging. Home prices in Beverly Hills are now at a median cost of $1,873,626, higher than the California average of $648,235.
The average cost of rent is $2,850/mo in Beverly Hills, primarily driven by the current value of real estate in the Beverly Hills area. While nearly 36.58% of residents own their homes outright in Beverly Hills, 42.23% rent.
Housing affordability isn’t just about home prices, though. The average household income in Beverly Hills is $11,407 per month. Households that rent pay about 24.98% of their income on rent here. Beverly Hills's most expensive areas are in the southeastern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- West Hollywood, CA: less expensive homes
- Studio City, CA: less expensive homes
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- Sherman Oaks, CA: less expensive homes
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- Santa Monica, CA: less expensive homes
- Los Angeles, CA: less expensive homes
- View Park-Windsor Hills, CA: less expensive homes
- Ladera Heights, CA: less expensive homes
- Venice, CA: less expensive homes
Cities with Similar Populations
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- Wooster, OH: less expensive homes
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- Romeoville, IL: less expensive homes
- Monrovia, CA: less expensive homes
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