East Los Angeles, California Housing Market Prices
East Los Angeles 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 23% below the California median$500,000
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Median rent 26% below the California median$1,505
Housing Market Overview
| Metric | East Los Angeles | California Avg | US Average |
|---|---|---|---|
| Median Home Price | $500,000 | $650,794 | $248,835 |
| Price Trend (Annual %) | 5.3% | 8.9% | 7.5% |
| Median Gross Rent | $1,505 | $2,036 | $1,407 |
| Rent Trend (Annual %) | 5.0% | 5.8% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in East Los Angeles is about 23% lower than in California. Rent is about 26% lower than the California average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in East Los Angeles, up about 5.3% and 5.0% a year respectively. Home prices are changing faster.
Median rent in East Los Angeles rose about 52.3% between 2015 and 2024, from $988 to $1,505. Over the same span, rent in California rose about 62.2%.
Affordability
On average, housing unit costs 7.2 yearly household incomes in East Los Angeles.
Buying the median-priced home in East Los Angeles costs roughly 27.7 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in East Los Angeles. The price-to-rent ratio in California is about 26.6.
| Metric | East Los Angeles | California Avg | US Average |
|---|---|---|---|
| Median Home Price | $500,000 | $650,794 | $248,835 |
| Median Household Income | $69,184 | $99,161 | $80,455 |
| Price-to-Income Ratio | 7.2 | 6.6 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in East Los Angeles rose about 76.9%, while median household income rose about 78.7% between 2009 and 2025 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | East Los Angeles | California Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 32.0% | 51.7% | 58.5% |
| Rental Rate | 62.7% | 40.8% | 31.2% |
| Vacancy Rate | 5.3% | 7.5% | 10.2% |
| Median Tenure (years) | 17.0 | 15.0 | 15.0 |
| Median Year Moved In | 2009 | 2011 | 2011 |
East Los Angeles has a homeownership rate of 32.0%, lower than the California average of 51.7%. Its housing vacancy rate is 5.3%, compared with 7.5% in California.
Housing Stock
| Metric | East Los Angeles | California Avg | US Average |
|---|---|---|---|
| Average Household Size | 3.67 people | 2.84 people | 2.53 people |
| Median Structure Built Year | 1952 | 1975 | 1978 |
| Median Number of Rooms | 4.3 | 5.0 | 5.5 |
The typical housing unit in East Los Angeles was built around 1952. On average, 3.7 people live in a home with about 4.3 rooms, staying for about 17.0 years on average.
East Los Angeles, CA Housing Compared With Nearby Cities
How East Los Angeles, CA compares with the 1 cities closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| East Los Angeles, CA | 110,433 | $500,000 #2/2 | $1,505 #2/2 | 33.8% #2/2 |
| Monterey Park, CA | 59,749 | $859,536 | $1,857 | 51.0% |
Frequently Asked Questions
Common questions about the housing market in East Los Angeles, California.
What is the median home price in East Los Angeles, California?
The median home price in East Los Angeles, California is $500,000, lower than the California average of $650,794.
What is the average home price in East Los Angeles, California?
The typical home price in East Los Angeles, California, reported as the median sale price, is $500,000. 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 East Los Angeles, California?
The median gross rent in East Los Angeles, California is $1,505 per month, lower than the California average of $2,036.
What was the median gross rent in East Los Angeles in 2020?
In 2020, the median gross rent in East Los Angeles, California was $1,166 per month.
What is the price-to-rent ratio in East Los Angeles, California?
The price-to-rent ratio in East Los Angeles, California is about 27.7, meaning it would take roughly 27.7 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in East Los Angeles.
Are home prices or rent rising faster in East Los Angeles, California?
Both home prices and rent are rising in East Los Angeles, up about 5.3% and 5.0% a year respectively. Home prices are changing faster.
What is the homeownership rate in East Los Angeles, California?
32.0% of households in East Los Angeles, California own their home, lower than the California average of 51.7%.
What is the vacancy rate in East Los Angeles, California?
The housing vacancy rate in East Los Angeles, California is 5.3%, lower than the California average of 7.5%.
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