Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Los Angeles area can be challenging. Home prices in Los Angeles are now at a median cost of $88,984, lower than the Texas average of $235,268.
The average cost of rent is $907/mo in Los Angeles, primarily driven by the current value of real estate in the Los Angeles area. While nearly 69.86% of residents own their homes outright in Los Angeles, 35.36% rent.
Housing affordability isn’t just about home prices, though. The average household income in Los Angeles is $4,219 per month. Households that rent pay about 21.49% of their income on rent here. Los Angeles's most expensive areas are in the northern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Cotulla, TX: equally priced homes
- Artesia Wells, TX: equally priced homes
- Fowlerton, TX: equally priced homes
- Valley Wells, TX: less expensive homes
- Catarina, TX: less expensive homes
- Tilden, TX: equally priced homes
- Asherton, TX: less expensive homes
- Calliham, TX: equally priced homes
- Simmons, TX: higher priced homes
- Three Rivers, TX: higher priced homes
Cities with Similar Populations
- Slater, CO: higher priced homes
- Kent, PA: higher priced homes
- Kentmore Park, MD: higher priced homes
- Kewa, WA: higher priced homes
- Khedive, PA: higher priced homes
- Kings Crossroads, NC: equally priced homes
- Kirley, SD: higher priced homes
- Kizer, AR: less expensive homes
- Knoxville, MS: equally priced homes
- Koenton, AL: higher priced homes
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