Property Prices in Long Beach, CA, United States

Index Info
Price to Income Ratio: 7.20
Mortgage as Percentage of Income: 58.74%
Loan Affordability Index: 1.70
Price to Rent Ratio - City Centre: 22.74
Price to Rent Ratio - Outside of Centre: 19.20
Gross Rental Yield (City Centre): 4.40%
Gross Rental Yield (Outside of Centre): 5.21%
Rent Per Month
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Apartment (1 bedroom) in City Centre 2,050.00 $ 1,900.00-2,400.00
Apartment (1 bedroom) Outside of Centre 1,537.50 $ 1,500.00-2,200.00
Apartment (3 bedrooms) in City Centre 3,640.00 $ 3,200.00-4,500.00
Apartment (3 bedrooms) Outside of Centre 3,140.00 $ 2,800.00-3,800.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 939.24 $ 600.00-1,499.99
Price per Square Feet to Buy Apartment Outside of Centre 634.49 $ 353.00-999.99
Salaries And Financing
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Average Monthly Net Salary (After Tax) 5,882.52 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.36 5.00-5.43

These data are based on 54 entries in the past 18 months from 10 different contributors.
Last update: February 2023

Sources and References
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