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Los Angeles city, CA

ZIP 91602 — Housing & Real Estate

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

Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 91602

Median Home Value
$1,104,400
Median Rent
$1,974
Affordability Snapshot
$304,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$7,094/mo PITI).

24%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

11.3x
Home Price-to-Income Ratio

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

46.6 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 91602 in Los Angeles city, CA, a household would need roughly $304,000 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 $7,094. That is about 210% above the local median household income ($97,994), 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

Diverse housing tenure.

Heating Fuel
Housing Metrics
Owner Occupied
32.0%-51% vs US avg
x
Vacancy Rate
6.7%-35% vs US avg
x
Broadband Access
97.1%+12% vs US avg
x
4+ Bedrooms
1.9%-87% vs US avg
x
Built Pre-1939
9.0%-30% vs US avg
x
Built Post-2014
1.9%-72% vs US avg
x
Rent Burden >30%
30.2%-39% vs US avg
x
Mortgage-Free
26.8%-30% vs US avg
x
$1,104,400
Home Value
$1,974
Rent
1971
Year Built
2015
Moved In

Residents have lived here since ~2015 on average

Housing Structure

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

  • 1-unit detached22.9%
  • 1-unit attached4.5%
  • 2-9 units16.0%
  • 10+ units56.2%
  • Mobile home & other0.4%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$1,104,400
Median rent$1,974
Owner-occupied32.0%
Vacant6.7%
Price-to-income11.3x
Est. income to buy$304,000