Monterey vs Los Angeles: Housing
| Monterey | Los Angeles | |
|---|---|---|
| Median Home Value | $1,076,300 | $921,200 |
| Median Gross Rent | $2,353/mo | $1,933/mo |
| Homeownership Rate | 36.2% | 36.0% |
| Rent as Share of Income | 27.5% | 28.3% |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.