90232 renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.
On average, the cost of rent in 90232 is about $2,241 per month. This puts it in the 79th percentile compared to the state average cost of rent, which is $1,958. Households in 90232 have a median income of $10,795 per month so the average renter in 90232 is spending roughly 21% of their earnings on housing.
Nationally, and in 90232, home values are the data point most closely correlated with the cost of rent. The median price of a home in 90232 is $1,233,442 right now, which is higher than nearby zip codes, meaning that rents in 90232 also tend to be higher versus these nearby zip codes.
Higher rent prices are common in the southern parts of 90232 while lower rent rates are often available in northeastern areas.
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