Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Downtown Los Angeles area can be challenging. Home prices in Downtown Los Angeles are now at a median cost of $670,124, lower than the Los Angeles average of $711,993.
The average cost of rent is $1,518/mo in Downtown Los Angeles, primarily driven by the current value of real estate in the Downtown Los Angeles area. While nearly 19.68% of residents own their homes outright in Downtown Los Angeles, 94.30% rent.
Housing affordability isn’t just about home prices, though. The average household income in Downtown Los Angeles is $3,631 per month. Households that rent pay about 41.79% of their income on rent here. Downtown Los Angeles's most expensive areas are in the southern regions, while the cheapest areas are in the northwestern parts of the neighborhood.
Nearby Neighborhoods
- New Downtown, Los Angeles, CA: equally priced homes
- Wholesale District-Skid Row, Los Angeles, CA: equally priced homes
- Civic Center Little Tokyo, Los Angeles, CA: equally priced homes
- Fashion District, Los Angeles, CA: equally priced homes
- South Park, Los Angeles, CA: higher priced homes
- Chinatown, Los Angeles, CA: equally priced homes
- Central City East, Los Angeles, CA: less expensive homes
- Westlake, Los Angeles, CA: equally priced homes
- Central City, Los Angeles, CA: less expensive homes
- Historic Filipinotown, Los Angeles, CA: higher priced homes
Neighborhoods with Similar Populations
- Naples-Marina Area, Long Beach, CA: higher priced homes
- Boulevard Heights, St. Louis, MO: less expensive homes
- Thomasville, Atlanta, GA: less expensive homes
- Santa Clara Street, Hayward, CA: less expensive homes
- Scarsdale, Arlington Heights, IL: less expensive homes
- Prides Crossing, Aurora, CO: less expensive homes
- Ellerbee Woods, Shreveport, LA: less expensive homes
- Downtown Redmond, Redmond, WA: less expensive homes
- Downtown Pensacola, Pensacola, FL: less expensive homes
- Clarendon, Arlington, VA: equally priced homes
All Local Stats
Home Services
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren't able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood