The Most Affordable Neighborhoods in Manhattan Beach, CA by Home Value

 

Manhattan Beach, CA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Manhattan Beach area can be challenging. Home prices in Manhattan Beach are now at a median cost of $1,662,608, higher than the California average of $648,235.

The average cost of rent is $2,964/mo in Manhattan Beach, primarily driven by the current value of real estate in the Manhattan Beach area. While nearly 28.34% of residents own their homes outright in Manhattan Beach, 28.64% rent.

Housing affordability isn’t just about home prices, though. The average household income in Manhattan Beach is $15,060 per month. Households that rent pay about 19.68% of their income on rent here. Manhattan Beach's most expensive areas are in the southern regions, while the cheapest areas are in the southwestern parts of the city.


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