
Home Price Key
These days, finding an affordable place to live in the San Pedro area can be challenging. Home prices in San Pedro are now at a median cost of $650,618, higher than the California average of $648,235.
The average cost of rent is $1,832/mo in San Pedro, primarily driven by the current value of real estate in the San Pedro area. While nearly 32.94% of residents own their homes outright in San Pedro, 56.88% rent.
Housing affordability isn’t just about home prices, though. The average household income in San Pedro is $6,571 per month. Households that rent pay about 27.88% of their income on rent here. San Pedro's most expensive areas are in the western regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
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- Palos Verdes Estates, CA: higher priced homes
- Carson, CA: less expensive homes
- Torrance, CA: higher priced homes
Cities with Similar Populations
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- Alpharetta, GA: less expensive homes
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- Bend, OR: less expensive homes
- Arlington Heights, IL: less expensive homes
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