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These days, finding an affordable place to live in the Los Angeles County area can be challenging. Home prices in Los Angeles County are now at a median cost of $882,014, higher than the California average of $812,006.
The average cost of rent is $2,158/mo in Los Angeles County, primarily driven by the current value of real estate in the Los Angeles County area. In Los Angeles County, 54.10% of households rent, and 34.06% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Los Angeles County is $8,335 per month. Households that rent pay about 25.89% of their income on rent here. Los Angeles County’s most expensive areas are in the western regions, while the cheapest areas are in the southern parts of the county.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Counties
- San Bernardino County, CA: less expensive homes
- La Paz County, AZ: less expensive homes
- Catron County, NM: less expensive homes
- Socorro County, NM: less expensive homes
- Roosevelt County, NM: less expensive homes
- Lamb County, TX: less expensive homes
- Hale County, TX: less expensive homes
- Floyd County, TX: less expensive homes
- Motley County, TX: less expensive homes
- Cottle County, TX: less expensive homes
Counties with Similar Populations
- Orange County, CA: higher priced homes
- Maricopa County, AZ: less expensive homes
- San Diego County, CA: equally priced homes
- Harris County, TX: less expensive homes
- Miami-Dade County, FL: less expensive homes
- Santa Clara County, CA: higher priced homes
- Monroe County, NY: less expensive homes
- San Mateo County, CA: higher priced homes
- St. Louis County, MO: less expensive homes
- Polk County, FL: less expensive homes
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