Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Echo Park area can be challenging. Home prices in Echo Park are now at a median cost of $814,991, higher than the Los Angeles average of $711,993.
The average cost of rent is $1,824/mo in Echo Park, primarily driven by the current value of real estate in the Echo Park area. While nearly 33.28% of residents own their homes outright in Echo Park, 71.50% rent.
Housing affordability isn’t just about home prices, though. The average household income in Echo Park is $6,398 per month. Households that rent pay about 28.51% of their income on rent here. Echo Park's most expensive areas are in the southwestern regions, while the cheapest areas are in the northern parts of the neighborhood.
Nearby Neighborhoods
- Silver Lake, Los Angeles, CA: higher priced homes
- Chinatown, Los Angeles, CA: less expensive homes
- Historic Filipinotown, Los Angeles, CA: equally priced homes
- Cypress Park, Los Angeles, CA: less expensive homes
- Civic Center Little Tokyo, Los Angeles, CA: less expensive homes
- New Downtown, Los Angeles, CA: less expensive homes
- Westlake, Los Angeles, CA: less expensive homes
- Lincoln Heights, Los Angeles, CA: less expensive homes
- Downtown Los Angeles, Los Angeles, CA: less expensive homes
- Montecito Heights, Los Angeles, CA: less expensive homes
Neighborhoods with Similar Populations
- Bayview, San Francisco, CA: equally priced homes
- Active Bethel, Eugene, OR: less expensive homes
- Millard, Omaha, NE: less expensive homes
- East Las Vegas, Las Vegas, NV: less expensive homes
- The Colony, Anaheim, CA: less expensive homes
- Far South, Fort Worth, TX: less expensive homes
- Southwest, Reno, NV: less expensive homes
- Mount Airy, Philadelphia, PA: less expensive homes
- Westwood, Cincinnati, OH: less expensive homes
- Riverdale, Bronx, NY: less expensive homes
All Local Stats
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