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These days, finding an affordable place to live in the West Hollywood area can be challenging. Home prices in West Hollywood are now at a median cost of $1,265,465, higher than the California average of $812,006.
The average cost of rent is $2,260/mo in West Hollywood, primarily driven by the current value of real estate in the West Hollywood area. In West Hollywood, 75.98% of households rent, and 36.21% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in West Hollywood is $9,287 per month. Households that rent pay about 24.34% of their income on rent here. West Hollywood’s most expensive areas are in the southeastern 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
- Beverly Hills, CA: higher priced homes
- Studio City, CA: higher priced homes
- Los Angeles, CA: less expensive homes
- Valley Village, CA: less expensive homes
- Sherman Oaks, CA: equally priced homes
- Culver City, CA: equally priced homes
- View Park-Windsor Hills, CA: equally priced homes
- Burbank, CA: less expensive homes
- North Hollywood, CA: less expensive homes
- Ladera Heights, CA: higher priced homes
Cities with Similar Populations
- Beverly Hills, CA: higher priced homes
- Wooster, OH: less expensive homes
- Westfield, MA: less expensive homes
- Warminster, PA: less expensive homes
- Walla Walla, WA: less expensive homes
- Tupelo, MS: less expensive homes
- Dunedin, FL: less expensive homes
- DePere, WI: less expensive homes
- DeKalb, IL: less expensive homes
- Coachella, CA: less expensive homes
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