Cudahy, California Housing Market Prices
Cudahy Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 85% below the California median$95,002
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Median rent 16% below the California median$1,710
Housing Market Overview
| Metric | Cudahy | California Avg | US Average |
|---|---|---|---|
| Median Home Price | $95,002 | $650,794 | $248,835 |
| Price Trend (Annual %) | 48.9% | 8.9% | 7.5% |
| Median Gross Rent | $1,710 | $2,036 | $1,407 |
| Rent Trend (Annual %) | 5.1% | 5.8% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Cudahy is about 85% lower than in California. Rent is about 16% lower than the California average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2020
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Cudahy, up about 48.9% and 5.1% a year respectively. Home prices are changing faster.
Median rent in Cudahy rose about 51.9% between 2015 and 2024, from $1,126 to $1,710. Over the same span, rent in California rose about 62.2%.
Affordability
On average, housing unit costs 1.7 yearly household incomes in Cudahy.
Buying the median-priced home in Cudahy costs roughly 4.6 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Cudahy. The price-to-rent ratio in California is about 26.6.
| Metric | Cudahy | California Avg | US Average |
|---|---|---|---|
| Median Home Price | $95,002 | $650,794 | $248,835 |
| Median Household Income | $57,064 | $99,161 | $80,455 |
| Price-to-Income Ratio | 1.7 | 6.6 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2020, the median home price in Cudahy rose about 322.2%, while median household income rose about 25.2% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Cudahy | California Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 14.0% | 51.7% | 58.5% |
| Rental Rate | 83.7% | 40.8% | 31.2% |
| Vacancy Rate | 2.3% | 7.5% | 10.2% |
| Median Tenure (years) | 14.0 | 15.0 | 15.0 |
| Median Year Moved In | 2012 | 2011 | 2011 |
Cudahy has a homeownership rate of 14.0%, lower than the California average of 51.7%. Its housing vacancy rate is 2.3%, compared with 7.5% in California.
Housing Stock
| Metric | Cudahy | California Avg | US Average |
|---|---|---|---|
| Average Household Size | 3.78 people | 2.84 people | 2.53 people |
| Median Structure Built Year | 1966 | 1975 | 1978 |
| Median Number of Rooms | 4.1 | 5.0 | 5.5 |
The typical housing unit in Cudahy was built around 1966. On average, 3.8 people live in a home with about 4.1 rooms, staying for about 14.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Cudahy, California.
What is the median home price in Cudahy, California?
The median home price in Cudahy, California is $95,002, lower than the California average of $650,794.
What is the average home price in Cudahy, California?
The typical home price in Cudahy, California, reported as the median sale price, is $95,002. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Cudahy, California?
The median gross rent in Cudahy, California is $1,710 per month, lower than the California average of $2,036.
What was the median gross rent in Cudahy in 2020?
In 2020, the median gross rent in Cudahy, California was $1,359 per month.
What is the price-to-rent ratio in Cudahy, California?
The price-to-rent ratio in Cudahy, California is about 4.6, meaning it would take roughly 4.6 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Cudahy.
Are home prices or rent rising faster in Cudahy, California?
Both home prices and rent are rising in Cudahy, up about 48.9% and 5.1% a year respectively. Home prices are changing faster.
What is the homeownership rate in Cudahy, California?
14.0% of households in Cudahy, California own their home, lower than the California average of 51.7%.
What is the vacancy rate in Cudahy, California?
The housing vacancy rate in Cudahy, California is 2.3%, lower than the California average of 7.5%.
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