The Most Affordable Neighborhoods in La Palma, CA by Home Value

 

La Palma, CA Map of Most Affordable Neighborhoods
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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 $726,724, higher than the California average of $648,235.

The average cost of rent is $2,303/mo in La Palma, primarily driven by the current value of real estate in the La Palma area. While nearly 38.44% of residents own their homes outright in La Palma, 35.99% rent.

Housing affordability isn’t just about home prices, though. The average household income in La Palma is $8,997 per month. Households that rent pay about 25.59% of their income on rent here. La Palma's most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the city.


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