Counties / California / Los Angeles County

Los Angeles County, CA

FIPS 06037 · population 9,808,667 · part of Los Angeles, CA

$888k
Zillow home value · 2026-06
Direct county rent answer

What does rent cost in Los Angeles County, CA?

The latest county-level Zillow ZORI is $2,808 per month in 2026-06. It is a typical asking-rent index across rental types—not an arithmetic average, signed lease or quote for one property.

County Zillow ZORI$2,8082026-06 · up 1.1% year over year
County ACS gross rent$1,954ACS 2024 5-year · occupied-renter survey
HUD two-bedroom FMR$2,903FY2026 · administrative standard
HUD Fair Market Rent by bedroom count in Los Angeles County
BedroomsHUD monthly FMRGeographyMeasurement boundary
Studio$2,079Los Angeles County, CAHUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent.
1 bedroom$2,328Los Angeles County, CAHUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent.
2 bedrooms$2,903Los Angeles County, CAHUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent.
3 bedrooms$3,681Los Angeles County, CAHUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent.
4 bedrooms$4,098Los Angeles County, CAHUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent.

Zillow asking rent, ACS gross rent and HUD FMR describe different housing universes. They remain separate and no metro, city or neighboring-county value replaces missing county evidence.Zillow pulled 2026-07-26 · HUD pulled 2026-07-26

The numbers

What this county costs and earns

Everything here joins on the county FIPS code, so each figure comes from the agency that publishes it with no name matching in between.

Zillow home value
$888k
▲ 0.3% year over year
Zillow ZHVI · direct
Median asking rent
$2,808
▲ 1.1% year over year
Zillow ZORI · direct
Gross yield
3.8%
annual rent ÷ price, before costs
derived: rent × 12 ÷ price ✓
HUD 2-bed standard
$2,903
market rent is 0.97x the standard
HUD Fair Market Rent · direct
Independent price check

Do two methods point the same way?

Zillow estimates a current home value. FHFA tracks repeat mortgage transactions. Their growth rates should be read side by side, not averaged.

Both annual signals move in the same direction
FHFA five-year cumulative+43.3%not annualized · through 2025
0%ZILLOW ZHVI2026-06+0.3%FHFA HPI2025+1.7%
Annual changes use different methods and may use different periods. The comparison checks direction and magnitude; it does not create a blended estimate. Zillow county ZHVI pulled 2026-07-26; FHFA annual county HPI pulled 2026-08-02.
Owner-reported value$834k
Surveyed gross rent$1,954
Rent burden 30%+57.7%
Median year built1965
Housing composition

Who occupies the stock—and what it is

ACS 2024 5-year
6.4%vacant
3,650,466estimated housing units
Occupied tenure54.1% renter
owner 45.9%renter 54.1%
Structure mix53.9% single-family
Single-family 53.9%20+ units 20.5%Mobile home 1.6%Other 24.0%
ACS estimates describe the standing housing stock and occupied tenure. They do not measure current listings, transaction prices or asking rents.

Survey source: Census ACS 5-year — county housing value, tenure and stock · ACS 2024 5-year · pulled 2026-07-30. These values describe different housing universes and are not combined into gross yield.

Annual average covered jobs4,525,662▼ 0.0% from the prior annual release
Covered establishments600,128annual average reporting locations
Average weekly wage$1,656▲ 3.0% from the prior annual release
Largest private supersectorEducation and health services25.1% of disclosed private covered jobs
Local labor base

Jobs, pay and private-sector concentration

2025
0%COVERED JOBS−0.0%WEEKLY WAGE+3.0%Education and health services25.1%
Annual QCEW counts cover jobs located at reporting establishments. The industry share uses disclosed private covered employment; it is not a resident-employment measure or a forecast.

Workplace source: BLS QCEW — county employment and wages · annual county employment and wages 2021-2025; latest 2025 vs 2024 · pulled 2026-08-02. QCEW counts covered jobs located in the county, not employed residents or the metro score’s CES/LAUS series.

Resident income

How local income has compounded

BEA per-capita personal income divides all personal income by the county population. It is broader than wages, but it is not household income or a measure of what renters can afford.

Per-capita personal income19692024
Per-capita personal income history for Los Angeles CountyA line chart of annual BEA per-capita personal income from 1969 through 2024.$0k$45k$90k196919972024$5k$84k
Nominal annual dollars; not adjusted for inflation. A rising line can reflect wage, business-income, transfer-income and investment-income changes together.
Renter affordability

Who carries the heaviest rent burden

HUD CHAS separates renter households by income relative to local HAMFI. Moderate burden means housing costs above 30% through 50% of income; severe burden means more than 50%.

Share of renter households in each income band2018-2022
Renter cost burden by HAMFI income band in Los Angeles CountyFive horizontal bars show moderate and severe housing cost burden shares among renter households in each HUD income band.0%25%50%75%100%At or below 30% HAMFI489,32081.0% burdened30–50% HAMFI316,68582.2% burdened50–80% HAMFI364,26052.8% burdened80–100% HAMFI172,77031.0% burdenedAbove 100% HAMFI467,90010.3% burdened
Moderate: >30% to 50%Severe: >50%
Each percentage uses HUD’s published subtotal for that income band. For disclosure, HUD keeps 0 as 0, publishes 1–7 households as 4 and rounds 8 or more to the nearest 5. Independently rounded categories can differ from their displayed sum and are not forced into a percentage.
Direct local rental evidence

Recent leases and rental-market liquidity in Los Angeles County, CA

These Apartment List observations match the exact county Census code 06037. They are kept separate from Zillow asking rent, Census occupied-home rent and wider metro measures.

Direct recent-lease rent history

Monthly overall-rent index; missing observations are not filled from another geography.

$2,159$2,069$1,9782021-082026-07
Recent-lease rent$2,0582026-07 · -1.5% year over year
Rental vacancy5.5%2026-07 · +0.3 percentage points year over year
Time on market30 days2026-07 · +4.0 days year over year
County brief

What the local evidence says

01Decision frame

Los Angeles County presents a high-price, low-yield underwriting tension. Zillow’s June 2026 median home value was $888,426, versus published median asking rent of $2,808 monthly and a supplied gross yield of 3.79% before costs. This warrants caution from cash-flow-focused buyers and investigation by investors depending on appreciation. Zillow’s 0.27% annual price change is a different vintage and method from FHFA’s 2025 repeat-transaction HPI, which showed 1.70% annual growth. The readings may confirm direction, but cannot be combined into one growth rate or treated as a home value.

02Housing economics

Market rent is not HUD FMR: the two-bedroom FMR is $2,903, a payment standard rather than an asking-rent estimate, so it cannot validate achievable rent or gross yield. Property tax adds a 0.68% effective rate and $5,675 median annual bill before insurance, repairs, vacancy or financing. Realtor.com’s MLS evidence shows median listing prices down 6.02%, median marketing time of 51 days, and price reductions on 14.40% of listings. These are asking-market signals, not closed-sale prices or proof of demand.

03Demand & competition

Demand evidence is mixed. Tax-return households recorded net migration out of the county of 39,112, while the average AGI gap was negative $4,686: outgoing movers had higher average income than incoming movers. This is a county flow, not resident employment. QCEW’s covered-worker average weekly wage was $1,656; its largest disclosed private supersector, education and health services, represented 25.07% of private covered jobs. QCEW counts jobs at county workplaces, not resident employment or unemployment. Realtor active listings were nearly unchanged, leaving visible supply broadly stable. Investor purchase mortgages were 13.71% of 43,089 total purchases: a minority share, not proof investors set the market.

04Risk & next checks

Underwriting remains property-specific: modeled climate loss is 0.39% of building value per year, with earthquake the dominant hazard. Seismic condition, insurance availability, deductibles and retrofit needs are therefore essential checks. Missing operating expenses, financing, vacancy, unit mix, condition, neighborhood rents, closed-sale comparables and renovation needs prevent converting gross yield to net return or testing a specific asset. Next checks are address-level rent and sale comps, a seismic-insurance review, and a full tax-and-operating-cost budget.

County ZIP rental landscape

How asking rent and renter pressure vary inside Los Angeles County, CA

This view uses 12 direct Zillow ZIP markets matched to Census ZCTAs. Each ZIP is assigned by its largest HUD residential county share; this is not an exhaustive county inventory.

Selected ZIP range$1,966$3,294Zillow asking-rent index
Monthly spread$1,328highest minus lowest selected ZIP
Observed burden range47.3%64.8%ACS renter households paying 30%+
Renter households covered234,579across the selected ZCTAs
01 · ASKING RENT LADDERDirect ZIP ZORI
Horizontal bars compare Zillow asking-rent indexes across the selected direct-evidence ZIP set.90025$3,29490046$2,79290026$2,73990034$2,72990019$2,71090011$2,60690028$2,60290044$2,35590004$2,33190201$2,21090250$2,14690006$1,966
02 · PRESSURE MATRIXRent × observed burden
Each point is one selected ZIP and ZCTA match. Horizontal position is Zillow asking rent and vertical position is the ACS renter cost-burden share.67.3%61.7%56.0%50.4%44.8%900469025090034900269000490201900449001990028900119002590006Zillow asking-rent index →ACS burden share →
03 · BENCHMARK GAPZORI vs HUD 2BR
Bars show the percentage difference between the Zillow blended asking-rent index and the local HUD two-bedroom standard. Their housing universes differ.90025+107.3%90046+90.9%90026+89.2%90034+88.9%90019+88.3%90011+84.9%90028+84.8%90044+76.7%90004+75.9%90201+72.0%90250+69.9%90006+64.0%
WHAT THE LOCAL DISTRIBUTION SAYS

The selected direct-evidence set shows a wide asking-rent screen, not a single county price. In June 2026, Zillow ZORI, the typical observed asking-rent index, runs from $1,966 in ZIP 90006 to $3,294 in ZIP 90025, a $1,328 spread; its median is $2,604. The county Zillow value is $2,808. That county figure is context only and does not replace ZIP-level observation. The practical decision is whether a particular listing's price, unit size, and lease terms fit a household budget relative to this selected range; a ZIP label does not answer that property-level question. Where reported, year-over-year ZORI movement ranges from a 2.34% decline to a 1.52% increase. Those changes describe past index movement, not a forecast.

Zillow, ACS, and HUD should remain separate tests. The ACS 2024 five-year survey places median gross rent across the selected ZCTAs between $1,464 and $2,488; these are survey estimates, not current Zillow asks. Separately, FY2026 HUD two-bedroom FMR is $3,070 in every displayed ZIP, an administrative standard rather than a market asking rent. The packet's Zillow-to-HUD comparison spans 64.0% to 107.3%. Neither the Zillow-ACS gap nor the Zillow-HUD gap measures affordability or a change in a like-for-like unit. Use Zillow to screen contemporaneous asking rents, ACS to contextualize survey-estimated rents, and HUD only where its administrative standard is relevant.

The ACS burden and vacancy measures frame a different trade-off. The ACS rent-burden share at 30% or more ranges from 47.3% to 64.8% in the displayed set, versus 57.7% for the county; a lower displayed burden reading does not itself establish a household's ability to pay a given lease. ACS vacancy ranges from 2.7% to 18.2%, while ACS renter share runs from 68.1% to 96.6%. Vacancy is a survey stock measure, not confirmation that a suitable unit is vacant today, so screen current listings and household budget separately from these area indicators. The two ranges should not be combined into a measure of access or market tightness.

Geography and coverage limit extrapolation. The displayed 12 ZIP/ZCTA matches are an ordered selection from 233 eligible direct-ZORI matches and represent 234,579 renter households, not a countywide inventory. ACS evidence is tabulated for Census ZCTAs, whose mapped areas only approximate postal delivery ZIP coverage. Display assignment follows the largest HUD residential-address county share; that share is 100.0% for every shown match, but the crosswalk method does not turn ZIPs into county boundaries. Before acting on any property, verify live advertised rent, bedroom count, fees, lease term, move-in date, availability, and the relevant administrative standard for the same bedroom count.

Selected ZIP evidence

Keep each source universe visible

233 ZIP profiles passed the county gate; the 12 with the most renter households are shown.

ZIP / ZCTAZillow asking rentACS gross rentHUD 2BRBurden 30%+VacancyIncome screenHUD county share
90046$2,792$2,194$3,07047.8%10.8%$112k100.0%
90250$2,146$1,783$3,07056.9%4.3%$86k100.0%
90034$2,729$2,222$3,07047.3%9.7%$109k100.0%
90026$2,739$1,929$3,07047.6%7.3%$110k100.0%
90004$2,331$1,831$3,07058.8%8.0%$93k100.0%
90201$2,210$1,658$3,07058.2%2.7%$88k100.0%
90044$2,355$1,477$3,07064.8%5.7%$94k100.0%
90019$2,710$1,795$3,07052.2%8.9%$108k100.0%
90028$2,602$1,899$3,07055.4%18.2%$104k100.0%
90011$2,606$1,542$3,07060.9%4.3%$104k100.0%
90025$3,294$2,488$3,07051.6%9.2%$132k100.0%
90006$1,966$1,464$3,07056.9%9.7%$79k100.0%
READ BEFORE USING

ACS measures here use ZCTAs, Census mapping units that approximate but do not precisely reproduce postal delivery ZIP geography. A postal ZIP label therefore should not be read as the exact boundary of the survey estimate.

ZIP-to-county placement relies on the HUD residential-address crosswalk and assigns a ZIP to the county holding the largest address share. ZIPs can extend across county lines, and the selected evidence set is not exhaustive.

SOURCE LEDGERCensus ACS 5-year — county housing value, tenure and stockACS 2024 5-year · pulled 2026-07-30Census ACS five-year — ZCTA housing and incomeACS 2024 5-year ZCTA · pulled 2026-08-08HUD Fair Market Rents — Section 8 standardFY2026 FMR · pulled 2026-07-26HUD-USPS ZIP-to-county residential-address crosswalkHUD-USPS 2026Q1 · pulled 2026-08-09Zillow ZHVI and ZORI — county values and rentscounty ZHVI/ZORI 2026-06 · pulled 2026-07-26Zillow ZORI — ZIP market rentsZORI ZIP 2026-06 · pulled 2026-08-08
Cities & communities

Where people live within Los Angeles County

Census-recognized incorporated places and CDPs that intersect this county. The list does not pretend to include every neighborhood or informal community.

Population scale

Largest Census places

ACS 2024 5-year
Los Angeles city3.9MLong Beach city455.5KSanta Clarita city230.2KGlendale city190.7KLancaster city169.2KPalmdale city164.6KPomona city147.9KTorrance city142.1K
Bars use total place population, not a county-share estimate. An asterisk marks a place that crosses a county line.
Official directory

142 Census places

Population
  1. 01
    Los Angeles cityIncorporated place
    3,857,263
  2. 02
    Long Beach cityIncorporated place
    455,548
  3. 03
    Santa Clarita cityIncorporated place
    230,221
  4. 04
    Glendale cityIncorporated place
    190,748
  5. 05
    Lancaster cityIncorporated place
    169,169
  6. 06
    Palmdale cityIncorporated place
    164,634
  7. 07
    Pomona cityIncorporated place
    147,943
  8. 08
    Torrance cityIncorporated place
    142,130
  9. 09
    Pasadena cityIncorporated place
    136,969
  10. 10
    East Los Angeles CDPCensus-designated place
    111,647
  11. 11
    Downey cityIncorporated place
    110,939
  12. 12
    West Covina cityIncorporated place
    107,037
Show 130 more places
  1. 13
    El Monte cityIncorporated place
    106,109
  2. 14
    Inglewood cityIncorporated place
    104,569
  3. 15
    Burbank cityIncorporated place
    104,546
  4. 16
    Norwalk cityIncorporated place
    99,789
  5. 17
    Carson cityIncorporated place
    92,871
  6. 18
    Compton cityIncorporated place
    92,698
  7. 19
    South Gate cityIncorporated place
    91,483
  8. 20
    Santa Monica cityIncorporated place
    91,169
  9. 21
    Whittier cityIncorporated place
    86,165
  10. 22
    Hawthorne cityIncorporated place
    85,191
  11. 23
    Alhambra cityIncorporated place
    81,022
  12. 24
    Lakewood cityIncorporated place
    79,850
  13. 25
    Bellflower cityIncorporated place
    76,819
  14. 26
    Baldwin Park cityIncorporated place
    70,138
  15. 27
    Redondo Beach cityIncorporated place
    69,291
  16. 28
    Lynwood cityIncorporated place
    64,578
  17. 29
    Montebello cityIncorporated place
    61,045
  18. 30
    Florence-Graham CDPCensus-designated place
    60,690
  19. 31
    Pico Rivera cityIncorporated place
    60,272
  20. 32
    Gardena cityIncorporated place
    59,422
  21. 33
    Monterey Park cityIncorporated place
    59,132
  22. 34
    South Whittier CDPCensus-designated place
    55,650
  23. 35
    Arcadia cityIncorporated place
    55,170
  24. 36
    Hacienda Heights CDPCensus-designated place
    54,291
  25. 37
    Diamond Bar cityIncorporated place
    53,355
  26. 38
    Huntington Park cityIncorporated place
    53,108
  27. 39
    Paramount cityIncorporated place
    52,050
  28. 40
    Glendora cityIncorporated place
    50,926
  29. 41
    Rosemead cityIncorporated place
    50,013
  30. 42
    Covina cityIncorporated place
    49,888
  31. 43
    Azusa cityIncorporated place
    49,031
  32. 44
    Cerritos cityIncorporated place
    47,867
  33. 45
    La Mirada cityIncorporated place
    47,180
  34. 46
    Rowland Heights CDPCensus-designated place
    45,911
  35. 47
    Altadena CDPCensus-designated place
    41,705
  36. 48
    Rancho Palos Verdes cityIncorporated place
    40,864
  37. 49
    Culver City cityIncorporated place
    39,931
  38. 50
    San Gabriel cityIncorporated place
    38,392
  39. 51
    Bell Gardens cityIncorporated place
    38,229
  40. 52
    Monrovia cityIncorporated place
    37,571
  41. 53
    La Puente cityIncorporated place
    37,142
  42. 54
    Claremont cityIncorporated place
    36,595
  43. 55
    Temple City cityIncorporated place
    35,430
  44. 56
    West Hollywood cityIncorporated place
    34,884
  45. 57
    Manhattan Beach cityIncorporated place
    34,210
  46. 58
    Westmont CDPCensus-designated place
    34,123
  47. 59
    San Dimas cityIncorporated place
    33,789
  48. 60
    Bell cityIncorporated place
    32,476
  49. 61
    Beverly Hills cityIncorporated place
    31,624
  50. 62
    Lawndale cityIncorporated place
    30,781
  51. 63
    La Verne cityIncorporated place
    30,600
  52. 64
    Walnut cityIncorporated place
    27,611
  53. 65
    South Pasadena cityIncorporated place
    26,068
  54. 66
    West Whittier-Los Nietos CDPCensus-designated place
    25,615
  55. 67
    Maywood cityIncorporated place
    24,317
  56. 68
    San Fernando cityIncorporated place
    23,632
  57. 69
    East San Gabriel CDPCensus-designated place
    23,410
  58. 70
    West Rancho Dominguez CDPCensus-designated place
    23,300
  59. 71
    Calabasas cityIncorporated place
    22,669
  60. 72
    West Puente Valley CDPCensus-designated place
    22,495
  61. 73
    Duarte cityIncorporated place
    22,184
  62. 74
    West Carson CDPCensus-designated place
    22,143
  63. 75
    Cudahy cityIncorporated place
    22,087
  64. 76
    Willowbrook CDPCensus-designated place
    21,681
  65. 77
    Stevenson Ranch CDPCensus-designated place
    20,990
  66. 78
    Valinda CDPCensus-designated place
    20,962
  67. 79
    Lomita cityIncorporated place
    20,225
  68. 80
    La Cañada Flintridge cityIncorporated place
    19,935
  69. 81
    Agoura Hills cityIncorporated place
    19,721
  70. 82
    La Crescenta-Montrose CDPCensus-designated place
    19,660
  71. 83
    Lennox CDPCensus-designated place
    19,449
  72. 84
    South El Monte cityIncorporated place
    19,287
  73. 85
    Hermosa Beach cityIncorporated place
    19,063
  74. 86
    Santa Fe Springs cityIncorporated place
    18,871
  75. 87
    Castaic CDPCensus-designated place
    17,999
  76. 88
    South San Jose Hills CDPCensus-designated place
    16,911
  77. 89
    El Segundo cityIncorporated place
    16,769
  78. 90
    Artesia cityIncorporated place
    15,889
  79. 91
    Vincent CDPCensus-designated place
    15,340
  80. 92
    Walnut Park CDPCensus-designated place
    14,958
  81. 93
    East Rancho Dominguez CDPCensus-designated place
    14,603
  82. 94
    Hawaiian Gardens cityIncorporated place
    13,691
  83. 95
    Lake Los Angeles CDPCensus-designated place
    13,051
  84. 96
    Palos Verdes Estates cityIncorporated place
    12,925
  85. 97
    Avocado Heights CDPCensus-designated place
    12,593
  86. 98
    San Marino cityIncorporated place
    12,216
  87. 99
    Commerce cityIncorporated place
    11,993
  88. 100
    Quartz Hill CDPCensus-designated place
    11,510
  89. 101
    Signal Hill cityIncorporated place
    11,468
  90. 102
    View Park-Windsor Hills CDPCensus-designated place
    11,230
  91. 103
    Del Aire CDPCensus-designated place
    11,115
  92. 104
    Sun Village CDPCensus-designated place
    11,036
  93. 105
    Sierra Madre cityIncorporated place
    10,940
  94. 106
    Citrus CDPCensus-designated place
    10,904
  95. 107
    Malibu cityIncorporated place
    10,421
  96. 108
    East Whittier CDPCensus-designated place
    9,990
  97. 109
    Charter Oak CDPCensus-designated place
    9,442
  98. 110
    Marina del Rey CDPCensus-designated place
    9,176
  99. 111
    Topanga CDPCensus-designated place
    8,885
  100. 112
    West Athens CDPCensus-designated place
    8,726
  101. 113
    Alondra Park CDPCensus-designated place
    8,373
  102. 114
    Rolling Hills Estates cityIncorporated place
    8,131
  103. 115
    South San Gabriel CDPCensus-designated place
    7,923
  104. 116
    Acton CDPCensus-designated place
    7,880
  105. 117
    Westlake Village cityIncorporated place
    7,743
  106. 118
    Ladera Heights CDPCensus-designated place
    7,334
  107. 119
    South Monrovia Island CDPCensus-designated place
    6,830
  108. 120
    East Pasadena CDPCensus-designated place
    5,479
  109. 121
    La Habra Heights cityIncorporated place
    5,478
  110. 122
    Mayflower Village CDPCensus-designated place
    4,950
  111. 123
    North El Monte CDPCensus-designated place
    4,086
  112. 124
    Avalon cityIncorporated place
    3,338
  113. 125
    Val Verde CDPCensus-designated place
    3,291
  114. 126
    Pepperdine University CDPCensus-designated place
    3,087
  115. 127
    Agua Dulce CDPCensus-designated place
    2,828
  116. 128
    Desert View Highlands CDPCensus-designated place
    2,613
  117. 129
    Rose Hills CDPCensus-designated place
    2,314
  118. 130
    Hidden Hills cityIncorporated place
    2,150
  119. 131
    San Pasqual CDPCensus-designated place
    1,918
  120. 132
    Elizabeth Lake CDPCensus-designated place
    1,840
  121. 133
    Rolling Hills cityIncorporated place
    1,509
  122. 134
    Leona Valley CDPCensus-designated place
    1,465
  123. 135
    Littlerock CDPCensus-designated place
    1,398
  124. 136
    Irwindale cityIncorporated place
    1,377
  125. 137
    Hasley Canyon CDPCensus-designated place
    1,216
  126. 138
    Lake Hughes CDPCensus-designated place
    888
  127. 139
    Green Valley CDP (Los Angeles County)Census place
    880
  128. 140
    Bradbury cityIncorporated place
    788
  129. 141
    Vernon cityIncorporated place
    331
  130. 142
    Industry cityIncorporated place
    210

Population is the total place-wide ACS estimate, not an allocated county share. A place crossing a county line is labelled explicitly. Source: Census ACS 5-year — cities and communities · ACS 2024 5-year · pulled 2026-07-30.

Risk, demand and competition

The three things a price does not tell you

01
Risk & carrying costFEMA NRI + Census ACS
Dominant hazardearthquake

0.392% of building value expected lost per year

Effective property tax0.68%

$5,675 median annual bill

02
DemandIRS SOI household flows
Net migration-39,112

120,704 in · 159,816 out

Arriving vs leaving income−$4,686

$89,076 arriving · $93,762 leaving

03
CompetitionHMDA financed purchases
Purchases by investors13.7%

5,906 of 43,089 mortgages

investorother financed
Current listing pressure

What sellers and visible supply are doing

Realtor.com® Economic Research · county inventory 2026-06 · pulled 2026-07-28
Active listings14,689▼ 0.0% year over year
Median days on market51▲ 7.4% year over year
Listings price-reduced14.4%seller-concession signal
Median listing pricen/a▼ 6.0% year over year

Listing price is an asking price, not a closed sale. Quality-flagged county rows are withheld instead of displayed.

Same metro

The other counties in Los Angeles, CA

A metro is an average of these. Which side of a county line a property sits on can change the tax bill, the hazard profile and the tenant pool.

CountyPopulationPriceRentYieldHazard
Los Angeles County9,808,667$888k$2,8083.8%earthquake
Orange County3,165,820$1195k$3,1863.2%inland flooding
Bear case

What can break the county thesis

  1. Gross rent may not cover taxes, insurance, repairs, vacancy, financing, and other property-specific costs.
  2. Out-migration and weaker incoming mover income could leave tenant or buyer demand assumptions unsupported.
  3. Earthquake exposure and missing insurance or seismic data could make losses and carrying costs materially different.
Underwriting questions

Before pricing a property

Is HUD FMR a market-rent estimate?

No. It is a HUD two-bedroom payment standard; the record separately publishes median asking rent as the market measure.

What does QCEW employment represent?

It represents covered jobs located at county workplaces and covered-worker wages, not resident employment, unemployment, or a forecast.

What does the investor share measure?

It measures purchase mortgages to non-occupants as a share of purchase mortgages; it does not establish investor control of the entire market.