Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Westlake area can be challenging. Home prices in Westlake are now at a median cost of $678,023, lower than the Los Angeles average of $711,993.
The average cost of rent is $1,245/mo in Westlake, primarily driven by the current value of real estate in the Westlake area. While nearly 41.53% of residents own their homes outright in Westlake, 94.71% rent.
Housing affordability isn’t just about home prices, though. The average household income in Westlake is $3,579 per month. Households that rent pay about 34.78% of their income on rent here. Westlake's most expensive areas are in the southern regions, while the cheapest areas are in the southeastern parts of the neighborhood.
Nearby Neighborhoods
- Historic Filipinotown, Los Angeles, CA: higher priced homes
- South Park, Los Angeles, CA: higher priced homes
- New Downtown, Los Angeles, CA: equally priced homes
- Downtown Los Angeles, Los Angeles, CA: equally priced homes
- Koreatown, Los Angeles, CA: higher priced homes
- Civic Center Little Tokyo, Los Angeles, CA: equally priced homes
- Fashion District, Los Angeles, CA: equally priced homes
- Wholesale District-Skid Row, Los Angeles, CA: equally priced homes
- Echo Park, Los Angeles, CA: higher priced homes
- Silver Lake, Los Angeles, CA: higher priced homes
Neighborhoods with Similar Populations
- Brownsville, Brooklyn, NY: less expensive homes
- Park Slope, Brooklyn, NY: higher priced homes
- Brentwood, Washington, DC: less expensive homes
- Brice-Tussing, Columbus, OH: less expensive homes
- Bridgeport, Chicago, IL: less expensive homes
- Hawaii Kai, East Honolulu, HI: higher priced homes
- Brighton Beach, Brooklyn, NY: less expensive homes
- Brighton Park, Chicago, IL: less expensive homes
- Southwest Mesa, Mesa, AZ: less expensive homes
- Broadmoor-Sherwood, Baton Rouge, LA: less expensive homes
All Local Stats
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