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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 $1,935,809, higher than the California average of $812,006.
The average cost of rent is $3,146/mo in Manhattan Beach, primarily driven by the current value of real estate in the Manhattan Beach area. In Manhattan Beach, 34.72% of households rent, and 31.48% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Manhattan Beach is $17,586 per month. Households that rent pay about 17.89% of their income on rent here. Manhattan Beach’s most expensive areas are in the northern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Hermosa Beach, CA: equally priced homes
- El Segundo, CA: less expensive homes
- Del Aire, CA: less expensive homes
- Lawndale, CA: less expensive homes
- Redondo Beach, CA: less expensive homes
- Hawthorne, CA: less expensive homes
- Lennox, CA: less expensive homes
- Torrance, CA: less expensive homes
- Playa Del Rey, CA: less expensive homes
- Gardena, CA: less expensive homes
Cities with Similar Populations
- Kerrville, TX: less expensive homes
- Somerset, NJ: less expensive homes
- Sanger, CA: less expensive homes
- San Lorenzo, PR: less expensive homes
- Rubidoux, CA: less expensive homes
- Randolph, MA: less expensive homes
- Lockport, NY: less expensive homes
- Lake Orion, MI: less expensive homes
- La Presa, CA: less expensive homes
- South Lyon, MI: less expensive homes
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