Zip 90640 (Montebello, CA) Housing

The housing market in 90640 Montebello, CA is an incredibly expensive one compared to the US as a whole. The median value of a house in 90640 Montebello, CA currently stands at $680,900 while the median value of a US house is $338,100. Additionally, the appreciation rate of houses in 90640 Montebello, CA over the last year has been higher than that for US houses as a whole, standing at 9.16% compared to 8.27%. This suggests that the housing market in this area is an incredibly profitable one and could continue to be so for years to come.

The median home cost in Montebello (zip 90640) is $680,900. Home appreciation the last 10 years has been 124.3%. Home Appreciation in Montebello (zip 90640) is up 12.8%.

Average Age of Homes

- The median age of Montebello (zip 90640) real estate is 56 years old

The Rental Market in Montebello (zip 90640)

- Renters make up 49.9% of the Montebello (zip 90640) population
- 1.2% of houses and apartments in Montebello (zip 90640), are available to rent

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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Montebello, California	United States
	20,112.0	139,647,020.0
	58	42
	$680,900	$338,100
	12.8%	16.6%
	48.9%	57.0%
	124.3%	101.1%
	$7.47	$10.98
	$4,170	$2,690
	42.4%	57.4%
	4.6%	11.2%
	53.1%	31.4%
Vacant Housing
	1.2%	1.9%
	0.1%	0.4%
	0.3%	0.7%
	0.2%	0.4%
	0.1%	3.6%
	2.6%	4.1%
Value of Owner-Occupied Housing
	1.2%	2.6%
	1.0%	2.4%
	0.3%	2.8%
	0.6%	3.9%
	0.0%	4.5%
	0.4%	11.3%
	0.0%	13.0%
	2.9%	20.1%
	10.8%	13.6%
	21.5%	8.3%
	48.2%	9.7%
	11.7%	3.9%
	0.7%	2.2%
	0.3%	0.8%
	0.3%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	1.6%	13.6%
	1.6%	13.6%
	2.9%	13.6%
	10.2%	13.2%
	19.4%	14.8%
	2.9%	13.6%
	21.7%	10.0%
	13.7%	4.7%
	9.1%	12.2%

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