Los Angeles County

California ยท Pop. 9,829,544

Ranked #189 of 200 counties

18Crisis

Median Home Price

๐Ÿ 

$830K

5.1% YoY

Median Rent

๐Ÿ”‘

$2,200

Median Income

๐Ÿ’ฐ

$72K

Rent Burden

๐Ÿ“Š

38.5%

% of income to rent

Housing Shortage

๐Ÿ—๏ธ

500,000

estimated unit deficit

Building Permits (2024)

๐Ÿ“‹

22,000

Price-to-Income Ratio

โš–๏ธ

11.5x

Homeownership Rate

๐Ÿก

46.2%

How Los Angeles County Compares

MetricLos Angeles CountyCaliforniaNational
Home Price$830K$726K$410K
Rent$2,200$1,992$1,500
Income$72K$96K$75K
Rent Burden38.5%40.5%30.0%
Homeownership46.2%56.0%65.0%

Key Takeaways

  • โ€ข Home prices are 102% above the national average.
  • โ€ข Rent is 47% above the national average.
  • โ€ข The county has an estimated housing shortage of 500,000 units.
  • โ€ข 22,000 building permits were issued in 2024.
  • โ€ข Year-over-year home prices changed by 5.1%.