Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Commerce area can be challenging. Home prices in Commerce are now at a median cost of $458,614, lower than the California average of $648,235.
The average cost of rent is $1,103/mo in Commerce, primarily driven by the current value of real estate in the Commerce area. While nearly 40.53% of residents own their homes outright in Commerce, 42.59% rent.
Housing affordability isn’t just about home prices, though. The average household income in Commerce is $4,645 per month. Households that rent pay about 23.75% of their income on rent here. Commerce's most expensive areas are in the southeastern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Bell Gardens, CA: equally priced homes
- Maywood, CA: equally priced homes
- Vernon, CA: equally priced homes
- Bell, CA: equally priced homes
- East Los Angeles, CA: equally priced homes
- Montebello, CA: higher priced homes
- Cudahy, CA: equally priced homes
- Pico Rivera, CA: equally priced homes
- Huntington Park, CA: equally priced homes
- Monterey Park, CA: higher priced homes
Cities with Similar Populations
- Poteau, OK: less expensive homes
- Jarrell, TX: less expensive homes
- Jefferson Hills, PA: less expensive homes
- Jericho, NY: higher priced homes
- Jerseyville, IL: less expensive homes
- Juana Diaz, PR: less expensive homes
- Jupiter Farms, FL: equally priced homes
- Kalaoa, HI: equally priced homes
- Kennett, MO: less expensive homes
- Lake Geneva, WI: less expensive homes
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