Cost of Living and Housing in Los Angeles, California

Los Angeles has about 3,857,263 residents. Median gross rent is $1,933 per month and median household income is $81,939.

Comparison scope: “dataset median” below means the median among 1,211 cities across 10 states in this dataset. It is not presented as a nationwide Census median. The figures use 2020-2024 ACS 5-Year estimates and may lag current listings.

Median Gross Rent $1,933/mo 17% above the dataset median

Median Home Value $921,200 146% above the dataset median

Median Household Income $81,939 Close to the dataset median

Owner-Occupied Homes 36% Share of occupied housing units

Rent-to-Income Baseline 28% Annual median rent ÷ household income

Home Value-to-Income 11.2x Median value ÷ household income

How Los Angeles compares

Rent is 17% above the dataset median, while household income is close to the dataset median. Within California, Los Angeles ranks #142 from lowest to highest rent and #259 from highest to lowest household income among 347 cities in this dataset.

The rent-to-income figure compares two citywide medians. It is useful for broad comparison, but it is not an individual household budget or a measure of renter cost burden.

Similar-size cities in California

Frequently asked questions

What is the median rent in Los Angeles?

Median gross rent is $1,933 per month in the 2020-2024 ACS 5-Year estimates.

What is the median home value in Los Angeles?

The median value of owner-occupied homes is $921,200 in the 2020-2024 ACS 5-Year estimates.

What is the median household income?

Median household income in Los Angeles is $81,939 per year.

Source: U.S. Census Bureau, 2020-2024 ACS 5-Year Estimates. Local database refreshed 2026-07-11.