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Expensive
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These days, finding an affordable place to live in the Chinatown area can be challenging. Home prices in Chinatown are now at a median cost of $743,699, lower than the Los Angeles average of $909,324.
The average cost of rent is $2,048/mo in Chinatown, primarily driven by the current value of real estate in the Chinatown area. In Chinatown, 98.69% of households rent, and 36.41% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Chinatown is $7,479 per month. Households that rent pay about 27.39% of their income on rent here. Chinatown’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Civic Center Little Tokyo, Los Angeles, CA: less expensive homes
- Central City East, Los Angeles, CA: equally priced homes
- Wholesale District-Skid Row, Los Angeles, CA: higher priced homes
- Downtown Los Angeles, Los Angeles, CA: equally priced homes
- New Downtown, Los Angeles, CA: equally priced homes
- Lincoln Heights, Los Angeles, CA: less expensive homes
- Echo Park, Los Angeles, CA: higher priced homes
- Montecito Heights, Los Angeles, CA: equally priced homes
- Fashion District, Los Angeles, CA: equally priced homes
- South Park, Los Angeles, CA: higher priced homes
Neighborhoods with Similar Populations
- Serrano Village, El Dorado Hills, CA: higher priced homes
- Vista Creek, Perris, CA: less expensive homes
- Devon-Walnut Beach, Milford, CT: less expensive homes
- Sherwood-Tualatin North, Sherwood, OR: less expensive homes
- Allandale, Austin, TX: equally priced homes
- Interbay, Seattle, WA: higher priced homes
- Indian Hills-Stonewall Estates-Monticello, Lexington, KY: less expensive homes
- Woodlawn Hayattsville, Hyattsville, MD: less expensive homes
- Five Oaks, Beaverton, OR: less expensive homes
- Yorkmount, Charlotte, NC: less expensive homes
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