Home prices
The median home value in Cerritos is $685,300. It is roughly $170,460 (33%) higher in comparison to the surrounding areas.It is approximately $467,800 (215%) higher compared to the entire nation, and is about $48,400 (7%) higher compared to the city of Los Angeles.
Rents
The median monthly rent in Cerritos is $2,410. This is approximately $756 (45%) higher in comparison to the surrounding areas.It is about $1,348 (126%) higher in comparison to the nation as a whole, and is about $960 (66%) higher compared to the city of Los Angeles.
Nearby places
Artesia
Artesia is Cerritos's neighbor to the west. The real estate prices there are a little less expensive. The value of the median home in Artesia is $542,200, which works out to $143,100 (26%) lower than Cerritos. The rent there is significantly less expensive. The median monthly rent in Artesia is $1,662, which comes out to $748 (45%) lower than Cerritos.
La Palma
La Palma is Cerritos's neighbor to the southeast. The real estate prices there are similar. The value of the median home in La Palma is $659,100, which is $26,200 (3%) lower than Cerritos. Rents there are a lot less expensive. La Palma's median monthly rent is $1,775, which is $635 (35%) lower than Cerritos.
Norwalk
Norwalk is Cerritos's neighbor to the north. Its real estate prices are substantially less expensive. The median home value in Norwalk is $440,800, which is $244,500 (55%) lower than Cerritos. Its rents are substantially less expensive. The median monthly rent in Norwalk is $1,592, which comes out to $818 (51%) lower than Cerritos.
Lakewood
Lakewood is Cerritos's neighbor to the southwest. Its real estate prices are a little less expensive. The median home cost in Lakewood is $568,600, which is $116,700 (20%) lower than Cerritos. The rent there is a bit less expensive. In Lakewood the median rent is $1,839 a month, which is $571 (31%) lower than Cerritos.
Hawaiian Gardens
Hawaiian Gardens is approximately 2 miles south from Cerritos. Real estate prices there are a lot less expensive. The value of the median home in Hawaiian Gardens is $363,500, which works out to $321,800 (88%) lower than Cerritos. Its rents are a lot less expensive. Hawaiian Gardens's median monthly rent is $1,403, which comes out to $1,007 (71%) lower than Cerritos.