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These days, finding an affordable place to live in the Westlake Village Area-Los Angeles area can be challenging. Home prices in Westlake Village Area-Los Angeles are now at a median cost of $1,427,895, lower than the Westlake Village average of $1,465,599.
The average cost of rent is $2,822/mo in Westlake Village Area-Los Angeles, primarily driven by the current value of real estate in the Westlake Village Area-Los Angeles area. In Westlake Village Area-Los Angeles, 29.07% of households rent, and 32.86% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Westlake Village Area-Los Angeles is $12,505 per month. Households that rent pay about 22.56% of their income on rent here. Westlake Village Area-Los Angeles’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Westlake Village, Westlake Village, CA: equally priced homes
- Downtown Thousand Oaks, Thousand Oaks, CA: less expensive homes
- Greek Track, Simi Valley, CA: less expensive homes
- Lemonwood Eastmont, Oxnard, CA: less expensive homes
- East Village Oxnard, Oxnard, CA: less expensive homes
- Portar Ranch, Northridge, CA: less expensive homes
- Cypress, Oxnard, CA: less expensive homes
- Cal-Gisler, Oxnard, CA: less expensive homes
- El Rio, Oxnard, CA: less expensive homes
- La Colonia, Oxnard, CA: less expensive homes
Neighborhoods with Similar Populations
- Pocono Country Place, Tobyhanna, PA: less expensive homes
- Black Rock, Bridgeport, CT: less expensive homes
- Clarkdale, Chicago, IL: less expensive homes
- Mount Scott, Portland, OR: less expensive homes
- Pembroke, Detroit, MI: less expensive homes
- Pacheco-Martinez, Martinez, CA: less expensive homes
- Northside, Cincinnati, OH: less expensive homes
- North Sharon Amity, Charlotte, NC: less expensive homes
- Normandie Heights, Pasadena, CA: less expensive homes
- Napili-Honokowai, Lahaina, HI: less expensive homes
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