Property Prices in Long Beach, CA, United States

Index Info
Price to Income Ratio: 8.59
Mortgage as Percentage of Income: 59.95%
Loan Affordability Index: 1.67
Price to Rent Ratio - City Centre: 21.49
Price to Rent Ratio - Outside of Centre: 20.10
Gross Rental Yield (City Centre): 4.65%
Gross Rental Yield (Outside of Centre): 4.98%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,870.72 $ 1,500.00-2,200.00
Apartment (1 bedroom) Outside of Centre 1,399.23 $ 1,100.00-1,800.00
Apartment (3 bedrooms) in City Centre 2,940.00 $ 2,500.00-3,600.00
Apartment (3 bedrooms) Outside of Centre 2,449.38 $ 2,195.00-2,800.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 768.30 $ 500.00-980.99
Price per Square Feet to Buy Apartment Outside of Centre 562.92 $ 399.46-980.99
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,169.00 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.53 2.38-4.25

These data are based on 134 entries in the past 18 months from 28 different contributors.
Last update: July 2021

Sources and References
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