Los Angeles, CA

Where can you find the most affordable homes in Los Angeles?

R.A. Heim

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Los Angeles is a very expensive city to live in, but there is some good news if you would like to live in the City of Angels. There are still a few more affordable neighborhoods and areas to consider. Here are some of the most affordable places to live in Los Angeles.

Palms

Palms is a neighborhood on the Westside of Los Angeles that is known for being relatively affordable compared to other neighborhoods in the area. Palms has a diverse mix of residents, including young professionals, families, and college students. The palms is close to UCLA and other colleges. Palms has a variety of restaurants and shops on Venice Boulevard and Overland Avenue such as Gloria's Cafe and Thai Boom. The median home price in Palms is is around $1 million. However, you can likely find homes lower than that amount as pricing varies a lot in the area.

Eagle Rock

Eagle Rock is a neighborhood in Northeast Los Angeles that has a rich history and a diverse mix of residents. The neighborhood has a walkable main commercial strip along Colorado Boulevard that has a variety of shops, restaurants, and bars. Eagle Rock is also home to Occidental College. The neighborhood has a mix of historic homes, modern apartments, and newer developments. The median home price in Eagle Rock is around around $1.3 million, (source) but pricing varies a lot in the area. For example, you can find a 5-bedroom and 3-bathroom home for $589,000 at the time of publishing here.

North Hollywood

North Hollywood is a neighborhood in the San Fernando Valley that has seen a lot of development in recent years. The neighborhood has a mix of residential and commercial areas, including the popular NoHo Arts District. The NoHo Arts District is a walkable area with a variety of theaters, art galleries, restaurants, and bars. North Hollywood has a mix of single-family homes, apartments, and condos, which makes it attractive to a variety of people. The median home price in North Hollywood is around $783,000. (source)

What do you think? Did I miss an area you find to be affordable in Los Angeles?

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