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These days, finding an affordable place to live in the Westlake Village area can be challenging. Home prices in Westlake Village are now at a median cost of $1,132,369, higher than the Westlake Village average of $1,037,538.
The average cost of rent is $2,427/mo in Westlake Village, primarily driven by the current value of real estate in the Westlake Village area. While nearly 34.39% of residents own their homes outright in Westlake Village, 61.19% rent.
Housing affordability isn’t just about home prices, though. The average household income in Westlake Village is $8,528 per month. Households that rent pay about 28.46% of their income on rent here. Westlake Village's most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the neighborhood.
Nearby Neighborhoods
- Westlake Village Area-Los Angeles, Westlake Village, CA: less expensive 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
- El Rio, Oxnard, CA: less expensive homes
- Cal-Gisler, Oxnard, CA: less expensive homes
- Cypress, Oxnard, CA: less expensive homes
- La Colonia, Oxnard, CA: less expensive homes
- West Village, Oxnard, CA: less expensive homes
Neighborhoods with Similar Populations
- Forest Ridge-Quail Hollow, Dayton, OH: less expensive homes
- Third World, San Antonio, TX: less expensive homes
- Grasslyn Manor, Milwaukee, WI: less expensive homes
- Genesee-Jefferson, Rochester, NY: less expensive homes
- Fulton, Montrose Heights, VA: less expensive homes
- Fuller Tangletown, Minneapolis, MN: less expensive homes
- Frontenac, Aurora, IL: less expensive homes
- Friends of Ridgecrest, Largo, FL: less expensive homes
- Friendly Acres, Redwood City, CA: equally priced homes
- Frenchtown, Westbrook, ME: less expensive homes
All Local Stats
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