Property Prices in Redondo Beach, CA, United States

Index Info
Price to Income Ratio: 6.50
Mortgage as Percentage of Income: 45.26%
Loan Affordability Index: 2.21
Price to Rent Ratio - City Centre: 15.76
Price to Rent Ratio - Outside of Centre: 18.49
Gross Rental Yield (City Centre): 6.34%
Gross Rental Yield (Outside of Centre): 5.41%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 2,216.67 $ 2,000.00-2,500.00
Apartment (1 bedroom) Outside of Centre 1,860.00 $ 1,700.00-2,500.00
Apartment (3 bedrooms) in City Centre 4,160.00 $ 3,800.00-5,000.00
Apartment (3 bedrooms) Outside of Centre 3,280.00 $ 2,900.00-4,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 721.74 $ 600.00-797.99
Price per Square Feet to Buy Apartment Outside of Centre 690.74 $ 500.00-797.99
Salaries And Financing
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Average Monthly Net Salary (After Tax) 5,845.00 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.50 3.00-5.00

These data are based on 83 entries in the past 18 months from 22 different contributors.
Last update: January 2021

Sources and References
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