Expensive
Affordable
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These days, finding an affordable place to live in the La Palma area can be challenging. Home prices in La Palma are now at a median cost of $945,065, higher than the California average of $812,006.
The average cost of rent is $2,554/mo in La Palma, primarily driven by the current value of real estate in the La Palma area. In La Palma, 31.41% of households rent, and 44.62% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in La Palma is $10,518 per month. Households that rent pay about 24.28% of their income on rent here. La Palma’s most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
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Cities with Similar Populations
- Auburn, MA: less expensive homes
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- Andover, KS: less expensive homes
- Brockport, NY: less expensive homes
- Artesia, CA: less expensive homes
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