Property Prices in Long Beach, CA, United States

Index Info
Price to Income Ratio: 7.43
Mortgage as Percentage of Income: 66.55%
Loan Affordability Index: 1.50
Price to Rent Ratio - City Centre: 17.03
Price to Rent Ratio - Outside of Centre: 13.95
Gross Rental Yield (City Centre): 5.87%
Gross Rental Yield (Outside of Centre): 7.17%
Rent Per Month
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Apartment (1 bedroom) in City Centre 2,625.00 $ 2,100.00-3,500.00
Apartment (1 bedroom) Outside of Centre 2,175.00 $ 1,600.00-2,800.00
Apartment (3 bedrooms) in City Centre 3,825.00 $ 3,000.00-5,500.00
Apartment (3 bedrooms) Outside of Centre 3,425.00 $ 3,200.00-4,800.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 828.49 $ 699.99-956.99
Price per Square Feet to Buy Apartment Outside of Centre 580.33 $ 353.00-727.99
Salaries And Financing
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Average Monthly Net Salary (After Tax) 5,100.87 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.51 6.19-7.50

These data are based on 59 entries in the past 18 months from 19 different contributors.
Last update: December 2023

Sources and References
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