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These days, finding an affordable place to live in the Pacific Palisades area can be challenging. Home prices in Pacific Palisades are now at a median cost of $1,963,064, higher than the California average of $648,235.
The average cost of rent is $2,932/mo in Pacific Palisades, primarily driven by the current value of real estate in the Pacific Palisades area. While nearly 36.26% of residents own their homes outright in Pacific Palisades, 20.73% rent.
Housing affordability isn’t just about home prices, though. The average household income in Pacific Palisades is $16,056 per month. Households that rent pay about 18.26% of their income on rent here. Pacific Palisades's most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
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Cities with Similar Populations
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