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These days, finding an affordable place to live in the Venice area can be challenging. Home prices in Venice are now at a median cost of $1,699,843, higher than the California average of $812,006.
The average cost of rent is $2,950/mo in Venice, primarily driven by the current value of real estate in the Venice area. In Venice, 66.90% of households rent, and 32.93% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Venice is $11,284 per month. Households that rent pay about 26.14% of their income on rent here. Venice’s most expensive areas are in the southwestern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Marina Del Rey, CA: less expensive homes
- Playa Del Rey, CA: less expensive homes
- Santa Monica, CA: less expensive homes
- Culver City, CA: less expensive homes
- Ladera Heights, CA: less expensive homes
- El Segundo, CA: equally priced homes
- Pacific Palisades, CA: higher priced homes
- View Park-Windsor Hills, CA: less expensive homes
- Lennox, CA: less expensive homes
- Inglewood, CA: less expensive homes
Cities with Similar Populations
- The Acreage, FL: less expensive homes
- Germantown, TN: less expensive homes
- Kailua, HI: less expensive homes
- Kearny, NJ: less expensive homes
- Marion, IA: less expensive homes
- Merritt Island, FL: less expensive homes
- North Augusta, SC: less expensive homes
- Pine Bluff, AR: less expensive homes
- Romeoville, IL: less expensive homes
- South El Monte, CA: less expensive homes
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