Los Angeles
California · Ranked #100 of 102 metros
14Crisis
Median Home Price
🏠$920K
Need $264K income
Median Rent
🔑$2K
Need $94K income
Housing Shortage
📉500,000
units needed
Building Permits
🔨22,000
annual
Median Income
💰$76K
Pop: 12,997,353
Rent Burden
⚠️43.0%
of renters paying >30%
Price Change (YoY)
📈+5.1%
Homeownership
🏡46.0%
Rent Burden
vs. National Average
Key Facts vs. National Average
| Metric | Los Angeles | National |
|---|---|---|
| Price-to-Income Ratio | 12x | 6.1x |
| Rent Burden | 43.0% | 31.5% |
| Homeownership Rate | 46.0% | 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% |