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These days, finding an affordable place to live in the South El Monte area can be challenging. Home prices in South El Monte are now at a median cost of $609,577, lower than the California average of $812,006.
The average cost of rent is $1,700/mo in South El Monte, primarily driven by the current value of real estate in the South El Monte area. In South El Monte, 57.75% of households rent, and 43.39% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in South El Monte is $6,015 per month. Households that rent pay about 28.26% of their income on rent here. South El Monte’s most expensive areas are in the northeastern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- El Monte, CA: higher priced homes
- Rosemead, CA: higher priced homes
- Avocado Heights, CA: higher priced homes
- Temple City, CA: higher priced homes
- San Gabriel, CA: higher priced homes
- West Puente Valley, CA: equally priced homes
- Baldwin Park, CA: equally priced homes
- Monterey Park, CA: higher priced homes
- Montebello, CA: higher priced homes
- Arcadia, CA: higher priced homes
Cities with Similar Populations
- Beverly, MA: higher priced homes
- Bloomfield, NJ: less expensive homes
- Boerne, TX: less expensive homes
- Brooksville, FL: less expensive homes
- Vega Baja, PR: less expensive homes
- Kent, OH: less expensive homes
- North Augusta, SC: less expensive homes
- McLean, VA: higher priced homes
- Marlborough, MA: less expensive homes
- Maplewood, MN: less expensive homes
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