The Most Affordable Neighborhoods in Park Estates, Long Beach, CA by Home Value

 

Park Estates, Long Beach, CA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Park Estates area can be challenging. Home prices in Park Estates are now at a median cost of $1,099,305, higher than the Long Beach average of $749,618.

The average cost of rent is $1,837/mo in Park Estates, primarily driven by the current value of real estate in the Park Estates area. In Park Estates, 42.77% of households rent, and 31.69% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Park Estates is $10,180 per month. Households that rent pay about 18.04% of their income on rent here. Park Estates’s most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the neighborhood.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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