The Most Affordable Neighborhoods in Palos Verdes Estates, CA by Home Value

 

Palos Verdes Estates, CA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Palos Verdes Estates area can be challenging. Home prices in Palos Verdes Estates are now at a median cost of $1,796,875, higher than the California average of $648,235.

The average cost of rent is $2,918/mo in Palos Verdes Estates, primarily driven by the current value of real estate in the Palos Verdes Estates area. While nearly 37.60% of residents own their homes outright in Palos Verdes Estates, 8.63% rent.

Housing affordability isn’t just about home prices, though. The average household income in Palos Verdes Estates is $16,010 per month. Households that rent pay about 18.23% of their income on rent here. Palos Verdes Estates's most expensive areas are in the southwestern regions, while the cheapest areas are in the central parts of the city.


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