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

 

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 Rey area can be challenging. Home prices in Playa Del Rey are now at a median cost of $1,199,877, higher than the California average of $648,235.

The average cost of rent is $2,632/mo in Playa Del Rey, primarily driven by the current value of real estate in the Playa Del Rey area. While nearly 28.13% of residents own their homes outright in Playa Del Rey, 51.23% rent.

Housing affordability isn’t just about home prices, though. The average household income in Playa Del Rey is $11,146 per month. Households that rent pay about 23.61% of their income on rent here. Playa Del Rey's most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the city.


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