Similar to nearby areas, it is significantly more expensive compared to the nation as a whole. Compared to the city of Los Angeles however, it is somewhat less expensive.
Home prices
The value of the median home in Long Beach is $556,100. In comparison to other places in this area this is approximately $13,760 (2%) lower.Compared to the country as a whole it is roughly $338,600 (155%) higher, and it is about $80,800 (12%) lower compared to the city of Los Angeles.
Rents
Long Beach's median rent is $1,324 a month. Compared to the surrounding areas it is roughly $455 (25%) lower.In comparison to the US as a whole it is about $262 (24%) higher, and in comparison to the city of Los Angeles is approximately $126 (8%) lower.
Nearby places
Signal Hill
Signal Hill is Long Beach's neighbor to the north. Real estate prices there are somewhat less expensive. The median home in Signal Hill is valued at $505,900, which comes out to $50,200 (9%) lower than Long Beach. Rents there are a bit more expensive. In Signal Hill the median rent is $1,449 per month, which comes out to $125 (8%) higher than Long Beach.
Lakewood
Lakewood is Long Beach's neighbor to the northeast. The real estate prices there are pretty similar. Lakewood's median home price is $568,600, which is $12,500 (2%) higher than Long Beach. Rent there is somewhat more expensive. The median rent in Lakewood is $1,839 per month, which is $515 (28%) higher than Long Beach.
Carson
Carson is Long Beach's neighbor to the northwest. The real estate prices there are a bit less expensive. The median home in Carson is valued at $462,600, which works out to $93,500 (20%) lower than Long Beach. Rents there are somewhat more expensive. In Carson the median rent is $1,524 per month, which is $200 (13%) higher than Long Beach.
Hawaiian Gardens
Hawaiian Gardens is Long Beach's neighbor to the northeast. Its housing prices are a lot less expensive. The median home in Hawaiian Gardens is valued at $363,500, which comes out to $192,600 (52%) lower than Long Beach. The rent there is a bit more expensive. The median rent in Hawaiian Gardens is $1,403 a month, which comes out to $79 (5%) higher than Long Beach.
Rossmoor
Rossmoor is roughly 4 miles east from Long Beach. Housing prices there are significantly more expensive. The median home in Rossmoor is valued at $948,700, which comes out to $392,600 (41%) higher than Long Beach. Rents there are substantially more expensive. The median rent in Rossmoor is $2,678 per month, which comes out to $1,354 (50%) higher than Long Beach.
