Home prices
The median home in La Palma costs $659,100. This is about $98,500 (17%) higher in comparison to its nearby areas.It is about $441,600 (203%) higher in comparison to the entire nation, and is approximately $22,200 (3%) higher in comparison to the city of Los Angeles.
Rents
The median monthly rent in La Palma is $1,775. It is roughly $30 (1%) lower in comparison to its nearby areas.Compared to the country as a whole it is about $713 (67%) higher, and compared to the city of Los Angeles is about $325 (22%) higher.
Nearby places
Buena Park
Buena Park is La Palma's neighbor to the east. Its housing prices are a little less expensive. Buena Park's median home cost is $579,100, which is $80,000 (13%) lower than La Palma. Its rents are a bit less expensive. The median rent in Buena Park is $1,662 a month, which is $113 (6%) lower than La Palma.
Cerritos
Cerritos is La Palma's neighbor to the northwest. The housing prices there are pretty similar. The median home in Cerritos is valued at $685,300, which is $26,200 (3%) higher than La Palma. Its rents are a little more expensive. The median rent in Cerritos is $2,410 a month, which works out to $635 (26%) higher than La Palma.
Cypress
Cypress is La Palma's neighbor to the south. Its real estate prices are similar. The value of the median home in Cypress is $632,900, which works out to $26,200 (4%) lower than La Palma. Its rents are somewhat more expensive. In Cypress the median rent is $1,890 per month, which works out to $115 (6%) higher than La Palma.
Hawaiian Gardens
Hawaiian Gardens is about 2 miles southwest of La Palma. Real estate prices there are a lot less expensive. Hawaiian Gardens's median home price is $363,500, which works out to $295,600 (81%) lower than La Palma. Rent there is a little less expensive. Hawaiian Gardens's median rent is $1,403 per month, which is $372 (26%) lower than La Palma.
Artesia
Artesia is roughly 2 miles northwest of La Palma. Its housing prices are a little less expensive. The median home cost in Artesia is $542,200, which comes out to $116,900 (21%) lower than La Palma. Rent there is a bit less expensive. The median monthly rent in Artesia is $1,662, which is $113 (6%) lower than La Palma.