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Affordable
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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 $1,970,215, higher than the California average of $812,006.
The average cost of rent is $3,174/mo in Palos Verdes Estates, primarily driven by the current value of real estate in the Palos Verdes Estates area. In Palos Verdes Estates, 7.07% of households rent, and 36.01% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Palos Verdes Estates is $19,040 per month. Households that rent pay about 16.67% of their income on rent here. Palos Verdes Estates’s most expensive areas are in the northern 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
- Rancho Palos Verdes, CA: less expensive homes
- Rolling Hills Estates, CA: equally priced homes
- Rolling Hills, CA: equally priced homes
- Lomita, CA: less expensive homes
- Redondo Beach, CA: less expensive homes
- Torrance, CA: less expensive homes
- Hermosa Beach, CA: equally priced homes
- Harbor City, CA: less expensive homes
- West Carson, CA: less expensive homes
- San Pedro, CA: less expensive homes
Cities with Similar Populations
- Rancho Santa Fe, CA: equally priced homes
- Manchester, MD: less expensive homes
- Manchester, VA: less expensive homes
- Manhattan, IL: less expensive homes
- Manistee, MI: less expensive homes
- Prince George, VA: less expensive homes
- Prosser, WA: less expensive homes
- Quartz Hill, CA: less expensive homes
- Queensbury, NY: less expensive homes
- Manasquan, NJ: less expensive homes
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