Glendale, CA

Los Angeles County ยท Pop. 196,543

Ranked #241 of 243 cities

12Crisis

Median Home Price

๐Ÿ 

$1.1M

3.5% YoY

Median Rent

๐Ÿ”‘

$2,500

3.0% YoY

Median Income

๐Ÿ’ฐ

$72K

Rent Burden

๐Ÿ“Š

38.0%

% of income to rent

Income to Buy

๐Ÿฆ

$302K

annual income needed

Income to Rent

๐Ÿ“

$100K

annual income needed

Price-to-Income

โš–๏ธ

14.6x

Homeownership

๐Ÿก

30.0%

Rent vs. Buy

Buy

$5,589/mo

Est. mortgage (7%, 20% down)

Need $302K/yr income

Rent

$2,500/mo

Median rent

Need $100K/yr income

How Glendale Compares

MetricGlendaleCaliforniaNational
Home Price$1.1M$726K$410K
Rent$2,500$1,992$1,500
Income$72K$96K$75K
Rent Burden38.0%40.5%30.0%

Key Takeaways

  • โ€ข Home prices in Glendale are 156% higher than the national average.
  • โ€ข Rent is 67% higher than the national average.
  • โ€ข You need an income of $302K to comfortably buy a home here.
  • โ€ข The homeownership rate is 30.0%, compared to 65.0% nationally.