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These days, finding an affordable place to live in the North Hollywood area can be challenging. Home prices in North Hollywood are now at a median cost of $867,447, higher than the California average of $812,006.
The average cost of rent is $1,933/mo in North Hollywood, primarily driven by the current value of real estate in the North Hollywood area. In North Hollywood, 70.29% of households rent, and 31.54% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in North Hollywood is $6,308 per month. Households that rent pay about 30.64% of their income on rent here. North Hollywood’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Valley Village, CA: higher priced homes
- Sun Valley, CA: equally priced homes
- Studio City, CA: higher priced homes
- Burbank, CA: higher priced homes
- Panorama City, CA: less expensive homes
- Van Nuys, CA: equally priced homes
- Sherman Oaks, CA: higher priced homes
- Pacoima, CA: less expensive homes
- North Hills, CA: less expensive homes
- Sunland, CA: equally priced homes
Cities with Similar Populations
- Pittsburgh, PA: less expensive homes
- Pembroke Pines, FL: less expensive homes
- Port St. Lucie, FL: less expensive homes
- Plymouth, MN: less expensive homes
- Pearland, TX: less expensive homes
- Peoria, AZ: less expensive homes
- Poinciana, FL: less expensive homes
- Port Charlotte, FL: less expensive homes
- Peoria, IL: less expensive homes
- Perris, CA: less expensive homes
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