Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Palms area can be challenging. Home prices in Palms are now at a median cost of $1,015,641, higher than the Los Angeles average of $711,993.
The average cost of rent is $1,932/mo in Palms, primarily driven by the current value of real estate in the Palms area. While nearly 52.57% of residents own their homes outright in Palms, 82.10% rent.
Housing affordability isn’t just about home prices, though. The average household income in Palms is $7,292 per month. Households that rent pay about 26.49% of their income on rent here. Palms's most expensive areas are in the southern regions, while the cheapest areas are in the northern parts of the neighborhood.
Nearby Neighborhoods
- Clarkdale, Culver City, CA: equally priced homes
- West Los Angeles, Los Angeles, CA: higher priced homes
- Jefferson, Culver City, CA: less expensive homes
- Mar Vista, Los Angeles, CA: higher priced homes
- Century City, Los Angeles, CA: higher priced homes
- Playa Vista, Los Angeles, CA: higher priced homes
- Pico-Robertson, Los Angeles, CA: higher priced homes
- Fox Hills, Culver City, CA: less expensive homes
- West Adams, Los Angeles, CA: less expensive homes
- Sawtelle, Los Angeles, CA: less expensive homes
Neighborhoods with Similar Populations
- Inner Richmond, San Francisco, CA: higher priced homes
- St Charles, Waldorf, MD: less expensive homes
- Southeast Boise, Boise, ID: less expensive homes
- South Shore, Chicago, IL: less expensive homes
- South Reno, Reno, NV: less expensive homes
- South Lawndale, Chicago, IL: less expensive homes
- Lower Valley, El Paso, TX: less expensive homes
- Lone Mountain, Las Vegas, NV: less expensive homes
- Irving Park, Chicago, IL: less expensive homes
- Sunnyvale West, Sunnyvale, CA: higher priced homes
All Local Stats
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