Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Cerritos area can be challenging. Home prices in Cerritos are now at a median cost of $756,073, higher than the California average of $648,235.
The average cost of rent is $2,651/mo in Cerritos, primarily driven by the current value of real estate in the Cerritos area. While nearly 38.52% of residents own their homes outright in Cerritos, 22.72% rent.
Housing affordability isn’t just about home prices, though. The average household income in Cerritos is $9,817 per month. Households that rent pay about 27.00% of their income on rent here. Cerritos's most expensive areas are in the eastern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Artesia, CA: less expensive homes
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- Los Alamitos, CA: equally priced homes
Cities with Similar Populations
- Poway, CA: equally priced homes
- Jamaica Plain, MA: equally priced homes
- Marion, OH: less expensive homes
- Martinez, CA: equally priced homes
- Matthews, NC: less expensive homes
- Milford, CT: less expensive homes
- Morrisville, PA: less expensive homes
- New Castle, PA: less expensive homes
- Opa-Locka, FL: less expensive homes
- Parkway, CA: less expensive homes
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