Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the Toluca Lake area can be challenging. Home prices in Toluca Lake are now at a median cost of $1,499,269, higher than the North Hollywood average of $867,447.
The average cost of rent is $2,327/mo in Toluca Lake, primarily driven by the current value of real estate in the Toluca Lake area. In Toluca Lake, 58.19% of households rent, and 27.10% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Toluca Lake is $8,949 per month. Households that rent pay about 26.00% of their income on rent here. Toluca Lake’s most expensive areas are in the northern regions, while the cheapest areas are in the southwestern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Glendale, Los Angeles, CA: higher priced homes
- Beverly Glen, Studio City, CA: equally priced homes
- Garnsey, Valley Village, CA: less expensive homes
- Hollywood Hills, Los Angeles, CA: higher priced homes
- Riverside Rancho, Glendale, CA: less expensive homes
- Grandview, Glendale, CA: less expensive homes
- Hollywood, Los Angeles, CA: less expensive homes
- El Miradero, Glendale, CA: equally priced homes
- Los Feliz, Los Angeles, CA: higher priced homes
- Glenwood, Glendale, CA: less expensive homes
Neighborhoods with Similar Populations
- Lake Road, Milwaukie, OR: less expensive homes
- Winnona Park, Decatur, GA: less expensive homes
- Wilshire, San Antonio, TX: less expensive homes
- Washington, Fargo, ND: less expensive homes
- Tiger Hole-Secret Woods, Jacksonville, FL: less expensive homes
- South Forest Park, Everett, WA: less expensive homes
- Sherman, Madison, WI: less expensive homes
- Passaic Junction, Saddle Brook, NJ: less expensive homes
- Park Central, Orlando, FL: less expensive homes
- Noralto, Sacramento, CA: less expensive homes
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