The Most Affordable Neighborhoods in Los Cerritos, Long Beach, CA by Home Value

 

Los Cerritos, Long Beach, CA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Los Cerritos area can be challenging. Home prices in Los Cerritos are now at a median cost of $748,628, higher than the Long Beach average of $566,423.

The average cost of rent is $1,902/mo in Los Cerritos, primarily driven by the current value of real estate in the Los Cerritos area. While nearly 20.70% of residents own their homes outright in Los Cerritos, 32.55% rent.

Housing affordability isn’t just about home prices, though. The average household income in Los Cerritos is $9,514 per month. Households that rent pay about 19.99% of their income on rent here. Los Cerritos's most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the neighborhood.


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