Long Beach 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 Long Beach is about $1,665 per month. This puts it in the 66th percentile compared to the state average cost of rent, which is $1,958. Households in Long Beach have a median income of $6,373 per month so the average renter in Long Beach is spending roughly 26% of their earnings on housing.
Nationally, and in Long Beach, home values are the data point most closely correlated with the cost of rent. The median price of a home in Long Beach is $566,423 right now, which is higher than nearby cities, meaning that rents in Long Beach also tend to be higher versus these nearby cities.
Higher rent prices are common in the northeastern parts of Long Beach while lower rent rates are often available in western areas.
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