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These days, finding an affordable place to live in the El Segundo area can be challenging. Home prices in El Segundo are now at a median cost of $1,590,579, higher than the California average of $812,006.
The average cost of rent is $2,535/mo in El Segundo, primarily driven by the current value of real estate in the El Segundo area. In El Segundo, 57.48% of households rent, and 26.85% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in El Segundo is $12,159 per month. Households that rent pay about 20.85% of their income on rent here. El Segundo’s most expensive areas are in the northern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Manhattan Beach, CA: higher priced homes
- Del Aire, CA: less expensive homes
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- Hawthorne, CA: less expensive homes
- Hermosa Beach, CA: higher priced homes
- Lawndale, CA: less expensive homes
- Marina Del Rey, CA: less expensive homes
- Inglewood, CA: less expensive homes
- Ladera Heights, CA: equally priced homes
Cities with Similar Populations
- Bridgeview, IL: less expensive homes
- Bedford, OH: less expensive homes
- Bedford, VA: less expensive homes
- Bel Air, MD: less expensive homes
- Belen, NM: less expensive homes
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- Bellefontaine, OH: less expensive homes
- Bellingham, MA: less expensive homes
- Bellmore, NY: less expensive homes
- Wolcott, CT: less expensive homes
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