Los Angeles Housing Market: Home Prices & Rent
Los Angeles home values since 2000
Last few years
Rent in Los Angeles
Owning vs renting, monthly
Buying the typical Los Angeles home with 20% down at this week's 7.32% 30-year rate costs about $6,408/month (principal, interest plus ~1.5% a year for tax and insurance) vs $2,929/month typical rent.
Rate: Freddie Mac, week of Oct 22, 2026. Estimate for comparison only.
Los Angeles vs California vs the U.S.
| Typical home | 12-month change | Typical rent | |
|---|---|---|---|
| This metro | $950k | +1.3% | $2,929/mo |
| California | $762k | +0.6% | - |
| United States | $366k | +1.2% | $1,932/mo |
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Common questions
Are home prices falling in Los Angeles?
No - the typical Los Angeles-area home value is up 1.3% over the past 12 months, at $950k (September 2026).
Is the Los Angeles housing market crashing?
Home values are close to their 2020s high and up 1.3% over the past year - a rising market, not a sudden collapse. Whether that continues isn't knowable from the data - this page updates every month when new figures come out.
How much is rent in Los Angeles?
Typical rent in the Los Angeles metro is $2,929 a month (September 2026), +1.8% over 12 months.
How much income do you need to buy a home in Los Angeles?
About $245k a year to afford the typical home with 20% down, spending no more than 30% of income on housing (September 2026).
Nearby and similar metros
San Francisco, CA · Riverside, CA · San Diego, CA · Sacramento, CA · San Jose, CA · Fresno, CA · Oxnard, CA · Honolulu, HI · New York City, NY · Boston, MA
Sources: Data Provided by Zillow Group (Zillow Home Value Index and Zillow Observed Rent Index, September 2026; income needed and listing data). 30-year mortgage rate: Freddie Mac PMMS. Figures are for the Los Angeles, CA metro area. How we calculate.