The Most Affordable Neighborhoods in Pico-Robertson, Los Angeles, CA by Home Value

 

Pico-Robertson, Los Angeles, CA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Pico-Robertson area can be challenging. Home prices in Pico-Robertson are now at a median cost of $1,341,100, higher than the Los Angeles average of $909,324.

The average cost of rent is $2,294/mo in Pico-Robertson, primarily driven by the current value of real estate in the Pico-Robertson area. In Pico-Robertson, 73.90% of households rent, and 33.01% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Pico-Robertson is $8,233 per month. Households that rent pay about 27.87% of their income on rent here. Pico-Robertson’s most expensive areas are in the northern 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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