Los Angeles, CA Homes and Housing

Los Angeles Housing Overview

The Los Angeles, CA median owner costs are above the state average. The average age of homes are older compared to the rest of the country. In Los Angeles, CA houses typically have less rooms than the national average.

City State USA
Median Owner Costs
$2,600
Very High
$2,345
Very High
$1,524
National Median
Median Rent
$971
Near Average
$1,044
Very High
$699
National Median
Median Built Year
1960
1973
1975
Median Rooms
4
5
6

Los Angeles Housing Occupancy

Below is a table displaying housing occupancy numbers for Los Angeles, CA. More homes are occupied by owners than the average national occupancy rate. The number of rental homes is below the national average.

Type City State USA
Owner Occupied
36.3%
511,485 Homes
52.5%
7,112,050 Homes
58.5%
76,089,650 Homes
Renter Occupied
57.0%
802,713 Homes
39.0%
5,280,802 Homes
29.3%
38,146,346 Homes
For Rent
2.7%
37,671 Homes
2.1%
283,159 Homes
2.5%
3,286,932 Homes
For Sale
0.7%
9,265 Homes
1.2%
162,557 Homes
1.5%
1,886,522 Homes
For Seasonal, Recreational, or Occasional Use
0.5%
6,891 Homes
2.3%
316,734 Homes
3.6%
4,683,380 Homes
Total Occupied
93.3%
1,314,198 Homes
91.4%
12,392,852 Homes
87.8%
114,235,996 Homes
Total Vacant
6.7%
94,567 Homes
8.6%
1,159,772 Homes
12.2%
15,802,084 Homes
Total Housing
1,408,765
13,552,624
130,038,080

Los Angeles Mortgage Status

Use the table below to research the average mortgage status in Los Angeles, CA. Homes in Los Angeles, CA are less likely to have a mortgage than the national average.

Type City State USA
Has a Mortgage
28.2%
397,574 Homes
39.8%
5,395,887 Homes
39.8%
51,696,841 Homes
No Mortgage
8.1%
113,911 Homes
12.7%
1,716,163 Homes
18.8%
24,392,809 Homes

Los Angeles Monthly Owner Costs for Housing Homes with a Mortgage

The information below represents average costs, including mortgage, for home owners in Los Angeles, CA. These costs for home owners are $2,600 monthly.

Monthly Mortgage City State USA
< $500
0.4%
1,642 Homes
0.8%
44,256 Homes
2.1%
1,067,631 Homes
$500 - $999
4.5%
18,000 Homes
6.7%
359,651 Homes
19.8%
10,235,704 Homes
$1,000 - $1,499
11.1%
44,317 Homes
13.9%
750,558 Homes
27.1%
13,998,238 Homes
$1,500 - $1,999
15.7%
62,345 Homes
17.3%
936,075 Homes
19.9%
10,309,611 Homes
$2,000 - $2,999
28.8%
114,542 Homes
29.7%
1,599,893 Homes
19.4%
10,022,149 Homes
> $3,000
39.4%
156,728 Homes
31.6%
1,705,454 Homes
11.7%
6,063,508 Homes

Los Angeles Rental Prices

The table below represents average rental prices in Los Angeles, CA. The average rental home is $971 monthly.

Monthly Rent City State USA
< $300
4.4%
35,057 Homes
3.9%
205,331 Homes
9.0%
3,437,912 Homes
$300 - $499
4.8%
38,919 Homes
5.0%
264,738 Homes
16.3%
6,217,643 Homes
$500 - $699
12.7%
101,822 Homes
10.5%
554,715 Homes
21.9%
8,360,532 Homes
$700 - $999
29.8%
239,059 Homes
25.8%
1,363,962 Homes
24.0%
9,150,071 Homes
$1,000- $1,499
27.7%
222,328 Homes
30.4%
1,607,678 Homes
15.3%
5,825,969 Homes
$1,500 - $1,999
11.5%
92,661 Homes
13.7%
723,765 Homes
5.0%
1,898,263 Homes
> $2,000
6.8%
54,584 Homes
7.3%
385,736 Homes
2.8%
1,078,925 Homes
Notes
  • City rating based on comparing Los Angeles to other California cities.
  • State rating based on comparing California to other U.S. states.
  • All ratings are segmented into quintiles (very low, low, average, high, very high).
  • Data provided by the 2010 U.S. Census.
Largest Cities in America

New York, NY

Population: 8,175,133

Avg. Income: $33,260

Los Angeles, CA

Population: 3,792,621

Avg. Income: $25,922

Chicago, IL

Population: 2,695,598

Avg. Income: $29,913

Houston, TX

Population: 2,099,451

Avg. Income: $25,358

Philadelphia, PA

Population: 1,526,006

Avg. Income: $27,856