Home prices
The price of the median home in Rancho Palos Verdes is $1,156,700. In comparison to its nearby areas this is roughly $123,200 (11%) higher.Compared to the United States as a whole it is about $939,200 (431%) higher, and compared to the city of Los Angeles it is approximately $519,800 (81%) higher.
Rents
In Rancho Palos Verdes the median rent is $2,643 a month. This is about $535 (25%) higher in comparison to nearby areas.In comparison to the US as a whole it is about $1,581 (148%) higher, and it is about $1,193 (82%) higher compared to the city of Los Angeles.
Nearby places
Rolling Hills Estates
Rolling Hills Estates is Rancho Palos Verdes's neighbor to the north. Its housing prices are a bit more expensive. The median home cost in Rolling Hills Estates is $1,326,600, which is $169,900 (12%) higher than Rancho Palos Verdes. The rent there is a little more expensive. In Rolling Hills Estates the median monthly rent is $3,353, which works out to $710 (21%) higher than Rancho Palos Verdes.
Palos Verdes Estates
Palos Verdes Estates is Rancho Palos Verdes's neighbor to the northwest. Real estate prices there are a lot more expensive. The median home in Palos Verdes Estates is valued at $2,000,000, which comes out to $843,300 (42%) higher than Rancho Palos Verdes. Rent there is fairly similar. The median rent in Palos Verdes Estates is $2,683 a month, which is $40 (1%) higher than Rancho Palos Verdes.
Lomita
Lomita is Rancho Palos Verdes's neighbor to the northeast. Housing prices there are significantly less expensive. The median home in Lomita costs $604,300, which works out to $552,400 (91%) lower than Rancho Palos Verdes. The rent there is substantially less expensive. Lomita's median rent is $1,394 a month, which is $1,249 (89%) lower than Rancho Palos Verdes.
Torrance
Torrance is about 5 miles north from Rancho Palos Verdes. Its housing prices are substantially less expensive. The median home in Torrance costs $762,700, which is $394,000 (51%) lower than Rancho Palos Verdes. Rents there are a lot less expensive. In Torrance the median rent is $1,736 per month, which works out to $907 (52%) lower than Rancho Palos Verdes.
West Carson
West Carson is approximately 6 miles northeast from Rancho Palos Verdes. The housing prices there are substantially less expensive. The median home in West Carson is valued at $473,900, which is $682,800 (144%) lower than Rancho Palos Verdes. Its rents are significantly less expensive. The median monthly rent in West Carson is $1,376, which comes out to $1,267 (92%) lower than Rancho Palos Verdes.
