Los Angeles
California · Ranked #370 of 373 metros
14Crisis
💡
Housing in Los Angeles costs 9.43× the median income, above the national average of 4.5×. The median home price is $867K and median rent is $1,993/month. Los Angeles ranks #370 of 373 metros for affordability.
Median Home Price
🏠$867K
Need $264K income
Median Rent
🔑$1,993
Need $94K income
Housing Shortage
📉500,000
units needed
Building Permits
🔨22,000
annual
Median Income
💰$92K
Pop: 12,997,353
Rent Burden
⚠️43.0%
of renters paying >30%
Price Change (YoY)
📈+5.1%
Homeownership
🏡48.0%
Rent Burden
vs. National Average
Key Facts vs. National Average
| Metric | Los Angeles | National |
|---|---|---|
| Price-to-Income Ratio | 9.43x | 6.1x |
| Rent Burden | 43.0% | 31.5% |
| Homeownership Rate | 48.0% | 65.5% |
| YoY Price Change | +5.1% | +3.5% |
| YoY Rent Change | +4.5% | +2.8% |
| Mortgage Denial Rate | 19.2% | 13.5% |
| Eviction Rate | 2.8% | 3.6% |
House Price Index (2000–2025)
FHFA All-Transactions HPI
Since 2019: +50.1%Since 2000: +317%
HUD Fair Market Rents (FY2026)
Section 8 voucher payment standards
Studio$1,863/mo
1 Bedroom$2,085/mo
2 Bedroom$2,601/mo
3 Bedroom$3,298/mo
4 Bedroom$3,672/mo
Zillow Market Data
Home Value (ZHVI)
$954K
1yr: -0.8%5yr: +29.0%
Rent (ZORI)
$2,884/mo
1yr: +1.0%5yr: +27.8%
Note: ZORI reflects current listing prices and may differ from the Census ACS median rent shown above, which captures what renters actually pay including below-market and subsidized units.
Redfin Market Activity
Median Sale Price
$1.0M
Active Inventory
9,411
Days on Market
47
Sold Above List
44.2%
Price Drops
21.2%