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 $919,317, higher than the Long Beach average of $749,618.

The average cost of rent is $2,216/mo in Los Cerritos, primarily driven by the current value of real estate in the Los Cerritos area. In Los Cerritos, 39.00% of households rent, and 29.29% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Los Cerritos is $9,728 per month. Households that rent pay about 22.78% of their income on rent here. Los Cerritos’s most expensive areas are in the northern regions, while the cheapest areas are in the southeastern parts of the neighborhood.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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