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What's it like to live in Los Angeles, CA?

Los Angeles, CA (Last updated: September 24, 2026)

Los Angeles is a large Southern California city extending from the Pacific coast across a broad basin and into valleys and hillsides. Its physical character shifts by neighborhood, with dense commercial corridors, palm-lined residential streets, canyon roads, and views toward the Santa Monica and San Gabriel mountains. It is part of the Los Angeles-Long Beach-Anaheim metro area.

Housing ranges from early-20th-century bungalows and Spanish Revival houses to midcentury residences, contemporary infill, condominiums, and large apartment buildings. The city includes both owner-occupied and rental options, with substantial variation in lot size, building form, and price by location. The average home value is $929,572 (-0.4% over the past 12 months), while the average rent is $2,778/mo (+0.9% over the past 12 months).

The economy spans entertainment, healthcare, higher education, technology, aerospace, trade, and professional services. Employment centers are distributed among Downtown, Hollywood, Century City, the Westside, and other districts. Freeways support regional travel, while Metro rail and bus routes connect many major corridors. Walkability and transit access vary considerably by neighborhood, and Los Angeles International Airport provides domestic and international connections.

Daily-life amenities include neighborhood shopping streets, dining districts, public libraries, museums, performance venues, and recreation centers. Griffith Park, the Los Angeles River paths, coastal beaches, hillside trails, and smaller community parks provide varied outdoor settings. Cultural destinations range from historic theaters and studio districts to art museums and music venues, while rail stations and frequent bus corridors support access to key activity centers.

Average home value
$929,572-0.4% YoY
Average rent
$2,778+0.9% YoY
Homes for sale
6,821
Homes for rent
38,224
Walk score
4
Walk and transit scores are based on listings near the region's geographic center.

What are Los Angeles home prices and rents today?

How sale and rent prices have moved over time, and where Los Angeles sits today.

Los Angeles house prices

Zillow Home Value Index (ZHVI)
$929,572-0.4% YoY
$920K$938K$956KAugSepOctNovDecJanFebMarAprMayJunJulAug

The average home value in Los Angeles is $929,572, down 0.4% over the past 12 months. As a buyer, you should aim to keep your mortgage payment at or below 28% of your gross monthly income when deciding what you can afford.

Los Angeles rental prices

Zillow Observed Rent Index (ZORI)
$2,778/mo+0.9% YoY
$2,742$2,767$2,791AugSepOctNovDecJanFebMarAprMayJunJulAug

The average rent in Los Angeles is $2,778/mo, up 0.9% over the past 12 months. As a renter, you should aim to spend no more than 30% of your gross monthly income on rent when setting your budget.

How competitive is Los Angeles Housing?

Buyers: market comparison

Los Angeles has moderately high for-sale competitiveness, with a market temperature of 62 and a 58-day for-sale pace. Culver City and Burbank have higher market temperatures, while Culver City and Redondo Beach also have shorter days on market; Los Angeles, however, has substantially more active listings than every nearby market shown.

  • Most competitive nearby marketCulver City stands out with a higher market temperature and the shortest for-sale pace among the compared markets, at 33 days on market.
  • Nearby market with more choiceRedondo Beach has the most active for-sale listings among the nearby markets, though its inventory remains well below Los Angeles.
  • Nearby market that's more affordableInglewood is the only nearby market shown with a lower typical home value than Los Angeles.
  • Closest comparable market conditionsInglewood is the closest comparison based on its 65-day for-sale pace and moderately high market temperature. Its active for-sale inventory is considerably smaller than Los Angeles inventory.
RegionAverage home valueInventoryDays on marketCompetitivenessKey driver
Los Angeles$929,572High58 daysModerate-highLarge inventory with a 58-day for-sale pace
Burbank$1,176,932Moderate49 daysModerate-highHigher market temperature and shorter for-sale pace
Inglewood$749,827Moderate65 daysModerate-highLonger for-sale pace than Los Angeles
Redondo Beach$1,473,182High43 daysModerate-highShort for-sale pace and leading nearby inventory
Culver City$1,271,790Low33 daysModerate-highShortest for-sale pace among compared markets

Renters: market comparison

Los Angeles and all four nearby markets are classified as excess-demand rental markets, so each receives a high competitiveness rating. Los Angeles has by far the most active rentals, while its median active rental listing age of 57 days falls between the younger listings in Redondo Beach, Burbank, and Culver City and the older listings in Inglewood.

  • Most competitive nearby marketAll nearby markets share the same excess-demand status and high competitiveness rating. Redondo Beach provides additional inventory-freshness context with low active inventory and a median active rental listing age of 33 days.
  • Nearby market with more choiceInglewood has the most active rentals among the nearby markets, narrowly exceeding Burbank. Los Angeles still has substantially more active rental inventory.
  • Nearby market that's more affordableInglewood has the lowest current rent among the nearby markets shown and is lower-cost than Los Angeles.
  • Closest comparable market conditionsInglewood is the closest rental comparison because it shares Los Angeles' excess-demand status, has the largest nearby active rental inventory, and has a median active rental listing age of 64 days versus 57 days in Los Angeles.
RegionAverage rentInventoryAverage listing ageCompetitivenessKey driver
Los Angeles$2,778/moHigh57 daysHighExcess demand; listings are 57 days old
Burbank$2,783/moModerate43 daysHighExcess demand; listings are 43 days old
Inglewood$2,492/moHigh64 daysHighExcess demand and the largest nearby rental inventory
Redondo Beach$3,521/moLow33 daysHighExcess demand; listings are 33 days old
Culver City$3,477/moLow44 daysHighExcess demand and low active rental inventory

Understand affordability

Mortgage calculator

Estimate what it takes to own in this area. Zillow's mortgage calculator helps buyers understand their potential monthly payment-including principal, interest, taxes, and insurance-so they can quickly gauge what home prices fit their budget in this market. Adjust key factors like down payment and interest rate to see how affordability changes and confidently move into your home search.

Mortgage calculator preview

Rent vs. buy calculator

Not sure whether to rent or buy in this community? This tool compares the long-term costs of both options and shows your breakeven point: the time it takes for buying to become more affordable than renting. Use it to understand how local home prices, rents, and your timeline impact the smarter financial move before starting your search.

Rent vs. buy calculator preview

Rent affordability calculator

See what you can comfortably afford to rent in this area. By factoring in your income, budget, and expenses, Zillow's rent affordability tools help you set a realistic price range-so you can focus on listings that fit your lifestyle and avoid stretching beyond your means as you explore rentals in this market.

Rent affordability calculator preview

How does Los Angeles compare to nearby cities

Los Angeles has a lower median sale price than Burbank, Redondo Beach, and Culver City but a higher price than Inglewood; monthly rent follows the same broad pattern, though it is close to Burbank. Its varied urban form and extensive transit network contrast with Burbank’s studio blocks, Inglewood’s major venues, Redondo Beach’s coastal setting, and Culver City’s compact mixed-use core.

MetricLos AngelesBurbankInglewoodRedondo BeachCulver City
$1,015,500$1,182,500$697,667$1,461,000$1,235,833
Average rent priceExplore price per unit size
$2,778/mo$2,783/mo$2,492/mo$3,521/mo$3,477/mo
Transit access
Extensive bus and railLocal buses and MetrolinkMetro rail and busesLocal and regional busesMetro rail and buses
Neighborhood vibe
Dense core, varied streetscapesLow-rise blocks and studiosLow-rise streets, major venuesCoastal streets and piersCompact core, mixed-use blocks
Top POIs
Griffith Observatory (Observatory); Getty Center (Museum); Grand Central Market (Market)Warner Bros. Studio Tour Hollywood (Studio Tour); Johnny Carson Park (Park); Burbank Town Center (Shopping Center)SoFi Stadium (Stadium); Kia Forum (Arena); Edward Vincent Jr. Park (Park)Redondo Beach Pier (Pier); Hopkins Wilderness Park (Park); South Bay Galleria (Shopping Center)The Wende Museum (Museum); Museum of Jurassic Technology (Museum); Culver City Park (Park)

Start your search in Los Angeles

Start shopping for homes in Los Angeles. Find 6,821 homes for sale and 38,224 homes for rent in Los Angeles. (Listing data as of )

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