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 $943,039, higher than the Long Beach average of $566,423.

The average cost of rent is $1,422/mo in Park Estates, primarily driven by the current value of real estate in the Park Estates area. While nearly 39.18% of residents own their homes outright in Park Estates, 34.82% rent.

Housing affordability isn’t just about home prices, though. The average household income in Park Estates is $6,837 per month. Households that rent pay about 20.80% of their income on rent here. Park Estates's most expensive areas are in the central regions, while the cheapest areas are in the western parts of the neighborhood.


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