Los Angeles County, California Housing Market Prices
Los Angeles County 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 44% above the California median More expensive than 89% of counties in California$934,813
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Median rent 4% below the California median$1,953
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Los Angeles County | California Avg | US Average |
|---|---|---|---|
| Median Home Price | $934,813 | $650,794 | $248,835 |
| Price Trend (Annual %) | 9.8% | 8.9% | 7.5% |
| Median Gross Rent | $1,953 | $2,036 | $1,407 |
| Rent Trend (Annual %) | 5.6% | 5.8% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Los Angeles County is about 44% higher than in California. Rent is about 4% 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 Los Angeles County, up about 9.8% and 5.6% a year respectively. Home prices are changing faster.
Median rent in Los Angeles County rose about 58.7% between 2015 and 2024, from $1,230 to $1,953. Over the same span, rent in California rose about 62.2%.
Affordability
On average, housing unit costs 10.3 yearly household incomes in Los Angeles County.
Buying the median-priced home in Los Angeles County costs roughly 39.9 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 Los Angeles County. The price-to-rent ratio in California is about 26.6.
| Metric | Los Angeles County | California Avg | US Average |
|---|---|---|---|
| Median Home Price | $934,813 | $650,794 | $248,835 |
| Median Household Income | $90,339 | $99,161 | $80,455 |
| Price-to-Income Ratio | 10.3 | 6.6 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Los Angeles County rose about 139.8%, while median household income rose about 58.9% 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 | Los Angeles County | California Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 42.9% | 51.7% | 58.5% |
| Rental Rate | 50.7% | 40.8% | 31.2% |
| Vacancy Rate | 6.4% | 7.5% | 10.2% |
| Median Tenure (years) | 15.0 | 15.0 | 15.0 |
| Median Year Moved In | 2011 | 2011 | 2011 |
Los Angeles County has a homeownership rate of 42.9%, lower than the California average of 51.7%. Its housing vacancy rate is 6.4%, compared with 7.5% in California.
Housing Stock
| Metric | Los Angeles County | California Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.81 people | 2.84 people | 2.53 people |
| Median Structure Built Year | 1966 | 1975 | 1978 |
| Median Number of Rooms | 4.5 | 5.0 | 5.5 |
The typical housing unit in Los Angeles County was built around 1966. On average, 2.8 people live in a home with about 4.5 rooms, staying for about 15.0 years on average.
Los Angeles County, CA Housing Compared With Nearby Counties
Los Angeles County, CA is the largest of the 6 counties compared here, 9,796,997 residents against a local median of 915,060. Where Los Angeles County, CA breaks from the counties next to it is homeownership, sitting 19% below the local median of 56.4% at 45.9%. That is the weaker end of the local range on this measure.
Median home price tells the same story from another angle: $934,813 against a local median of $797,190, 17% above it. The counties themselves spread 12.2% on homeownership, so Los Angeles County, CA sits at one end of an already wide local range rather than apart from it. Los Angeles County, CA has the 6th highest homeownership of the 6 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Los Angeles County, CA | 9,796,997 | $934,813 #2/6 | $1,953 #5/6 | 45.9% #6/6 |
| Orange County, CA | 3,164,225 | $1,003,714 | $2,433 | 56.4% |
| Ventura County, CA | 836,943 | $854,285 | $2,316 | 64.6% |
| Kern County, CA | 915,060 | $315,481 | $1,300 | 60.1% |
| Santa Barbara County, CA | 443,693 | $555,382 | $2,131 | 52.4% |
| San Diego County, CA | 3,282,387 | $797,190 | $2,246 | 54.6% |
Frequently Asked Questions
Common questions about the housing market in Los Angeles County, California.
What is the median home price in Los Angeles County, California?
The median home price in Los Angeles County, California is $934,813, higher than the California average of $650,794.
What is the average home price in Los Angeles County, California?
The typical home price in Los Angeles County, California, reported as the median sale price, is $934,813. 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 Los Angeles County, California?
The median gross rent in Los Angeles County, California is $1,953 per month, lower than the California average of $2,036.
What was the median gross rent in Los Angeles County in 2020?
In 2020, the median gross rent in Los Angeles County, California was $1,534 per month.
What is the price-to-rent ratio in Los Angeles County, California?
The price-to-rent ratio in Los Angeles County, California is about 39.9, meaning it would take roughly 39.9 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 Los Angeles County.
Are home prices or rent rising faster in Los Angeles County, California?
Both home prices and rent are rising in Los Angeles County, up about 9.8% and 5.6% a year respectively. Home prices are changing faster.
What is the homeownership rate in Los Angeles County, California?
42.9% of households in Los Angeles County, California own their home, lower than the California average of 51.7%.
What is the vacancy rate in Los Angeles County, California?
The housing vacancy rate in Los Angeles County, California is 6.4%, lower than the California average of 7.5%.
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