Los Angeles' median gross rent is $1,933 and the median value of owner-occupied homes is $921,200 (U.S. Census Bureau, 2020–2024), with 36.0% of units owner-occupied. These are citywide medians, not neighborhood prices or asking prices. Verify agents with the California Department of Real Estate; property assessment information is at the LA County Assessor. This is general information, not financial or legal advice.
Real estate in Los Angeles
Los Angeles housing facts from the Census Bureau and how to verify agents and property records.
Los Angeles housing at a glance
| Measure | Value | Period |
|---|---|---|
| Median gross rent | $1,933 | 2020–2024 |
| Median value of owner-occupied housing units | $921,200 | 2020–2024 |
| Owner-occupied housing unit rate | 36.0% | 2020–2024 |
| Median household income | $81,939 | 2020–2024 |
| Population estimate | 3,869,089 | July 1, 2025 |
Estimates from QuickFacts, not asking prices.
Renting or buying: what to weigh
- Time horizon and total cost (rent vs. mortgage, taxes, insurance).
- Neighborhood fit: see the neighborhoods guide.
- Moving deadlines: see moving to Los Angeles.
Check an agent: California Department of Real Estate. Property information: LA County Assessor.
Your options
Renting, buying and where.
Frequently asked questions
Is it better to rent or buy in Los Angeles?
It depends on your timeline and finances; about 36.0% of units are owner-occupied (Census). We cannot give personalized advice.
What is the median rent in Los Angeles?
$1,933 per month (gross rent, 2020–2024, Census Bureau).
How do I check a real estate agent?
Use the California Department of Real Estate's license lookup.
Sources
Facts on this page were read from the sources below on October 11, 2026. Hours, fares, prices and event dates change — confirm with the source before you travel. How we research and update.
- QuickFacts: Los Angeles city, California — U.S. Census Bureau
- California Department of Real Estate — California DRE
- Los Angeles County Assessor — LA County Assessor
- New to California — California DMV
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