The Most Affordable Neighborhoods in Playa del Ray, Playa Del Rey, CA by Home Value

 

Playa del Ray, Playa Del Rey, CA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Playa del Ray area can be challenging. Home prices in Playa del Ray are now at a median cost of $1,317,729, higher than the Playa Del Rey average of $1,304,526.

The average cost of rent is $2,876/mo in Playa del Ray, primarily driven by the current value of real estate in the Playa del Ray area. In Playa del Ray, 55.55% of households rent, and 33.83% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Playa del Ray is $12,113 per month. Households that rent pay about 23.74% of their income on rent here. Playa del Ray’s most expensive areas are in the northern regions, while the cheapest areas are in the southern 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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