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Los Angeles city, CA

ZIP 90024 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLarge CommunityLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 90024

Median Home Value
$1,434,000
Median Rent
$2,498
Affordability Snapshot
$395,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$9,212/mo PITI).

37%
Rent-to-Income Ratio

Above the 30% affordability threshold — housing cost-burdened area.

17.9x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

47.8 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 90024 in Los Angeles city, CA, a household would need roughly $395,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $9,212. That is about 394% above the local median household income ($79,994), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 17% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
32.1%-51% vs US avg
x
Vacancy Rate
17.0%+65% vs US avg
x
Broadband Access
91.7%+5% vs US avg
x
4+ Bedrooms
3.5%-77% vs US avg
x
Built Pre-1939
7.2%-44% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
47.9%-4% vs US avg
x
Mortgage-Free
40.7%+7% vs US avg
x
$1,434,000
Home Value
$2,498
Rent
1974
Year Built
2018
Moved In

Residents have lived here since ~2018 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached13.1%
  • 1-unit attached0.5%
  • 2-9 units16.1%
  • 10+ units70.2%
  • Mobile home & other0.2%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$1,434,000
Median rent$2,498
Owner-occupied32.1%
Vacant17.0%
Price-to-income17.9x
Est. income to buy$395,000