Housing in Los Angeles, California

The median home cost in Los Angeles is $689,500. Home appreciation the last 10 years has been 34.4%. Home Appreciation in Los Angeles is up 5.7%. Browse Los Angeles Real Estate

Average Age of Homes

- The median age of Los Angeles real estate is 53 years old

The Rental Market in Los Angeles

- Renters make up 58.5% of the Los Angeles population
- 2.0% of houses and apartments in Los Angeles, are available to rent

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DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

HOUSING	Los Angeles, California	United States
Median Home Age	56	40
Median Home Cost	$689,500	$231,200
Home Appr. Last 12 months	5.7%	6.7%
Home Appr. Last 5 yrs.	43.3%	35.6%
Home Appr. Last 10 yrs.	34.4%	27.4%
Property Tax Rate	$7.05	$11.78
Property Taxes Paid	$4,861	$2,724
Homes Owned	34.4%	56.0%
Housing Vacant	6.4%	12.2%
Homes Rented	59.1%	31.8%
AVERAGE RENT FOR HOME OR APARTMENT
Average Rent	$2,908	$1,470
Studio Apartment	$1,293	$821
1 Bedroom Home or Apartment	$1,545	$930
2 Bedroom Home or Apartment	$1,999	$1,148
3 Bedroom Home or Apartment	$2,681	$1,537
4 Bedroom Home or Apartment	$2,950	$1,791
VACANT HOUSING
Vacant For Rent	2.0%	2.1%
Vacant Rented	0.6%	0.5%
Vacant For Sale	0.3%	1.0%
Vacant Sold	0.2%	0.5%
Vacant Vacation	0.9%	4.0%
Vacant Other	2.3%	4.2%
VALUE OF OWNER-OCCUPIED HOUSING
Less Than $20,000	1.2%	3.5%
$20,000 to $39,999	0.5%	3.1%
$40,000 to $59,999	0.5%	3.9%
$60,000 to $79,999	0.4%	5.4%
$80,000 to $99,999	0.3%	6.3%
$100,000 to $149,999	0.9%	14.7%
$150,000 to $199,999	1.8%	14.6%
$200,000 to $299,999	8.5%	18.7%
$300,000 to $399,999	15.0%	11.0%
$400,000 to $499,999	15.7%	6.2%
$500,000 to $749,999	25.9%	7.0%
$750,000 to $999,999	11.9%	2.7%
$1,000,000 to $1,499,999	8.1%	1.5%
$1,500,000 to $1,999,999	3.7%	0.5%
$2,000,000 and over	5.6%	0.7%