Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Palos Verdes Peninsula area can be challenging. Home prices in Palos Verdes Peninsula are now at a median cost of $1,645,847, higher than the Torrance average of $787,084.
The average cost of rent is $3,145/mo in Palos Verdes Peninsula, primarily driven by the current value of real estate in the Palos Verdes Peninsula area. While nearly 34.71% of residents own their homes outright in Palos Verdes Peninsula, 13.29% rent.
Housing affordability isn’t just about home prices, though. The average household income in Palos Verdes Peninsula is $15,076 per month. Households that rent pay about 20.86% of their income on rent here. Palos Verdes Peninsula's most expensive areas are in the northern regions, while the cheapest areas are in the northwestern parts of the neighborhood.
Nearby Neighborhoods
- Hollywood Riviera, Redondo Beach, CA: less expensive homes
- Walteria, Torrance, CA: less expensive homes
- West Torrance, Torrance, CA: less expensive homes
- South East Torrance, Torrance, CA: less expensive homes
- Old Town, Torrance, CA: less expensive homes
- North Torrance, Torrance, CA: less expensive homes
- Harbor Gateway, Torrance, CA: less expensive homes
- Alondra Park, Lawndale, CA: less expensive homes
- West Side, Long Beach, CA: less expensive homes
- West Rancho Domingues, Compton, CA: less expensive homes
Neighborhoods with Similar Populations
- Urbanizacion Country Club, San Juan, PR: less expensive homes
- Hermosa, Chicago, IL: less expensive homes
- Highland Park, Los Angeles, CA: less expensive homes
- Historic Filipinotown, Los Angeles, CA: less expensive homes
- Hollis, Queens, NY: less expensive homes
- Hunts Point, Bronx, NY: less expensive homes
- Kalihi Valley, Honolulu, HI: less expensive homes
- Western Branch North, Chesapeake, VA: less expensive homes
- West Central, Pasadena, CA: less expensive homes
- West Baltimore, Baltimore, MD: less expensive homes
All Local Stats
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