Home prices
The median home in Redondo Beach is valued at $926,500. In comparison to other places in this area it is about $155,020 (14%) lower.Compared to the rest of the nation it is roughly $709,000 (325%) higher, and is about $289,600 (45%) higher in comparison to the city of Los Angeles.
Rents
The median rent in Redondo Beach is $2,072 per month. In comparison to its nearby areas it is approximately $225 (12%) higher.In comparison to the country as a whole it is roughly $1,010 (95%) higher, and in comparison to the city of Los Angeles is roughly $622 (42%) higher.
Nearby places
Hermosa Beach
Hermosa Beach is Redondo Beach's neighbor to the northwest. Its housing prices are significantly more expensive. Hermosa Beach's median home price is $1,542,900, which works out to $616,400 (39%) higher than Redondo Beach. Rent there is pretty similar. In Hermosa Beach the median rent is $2,181 a month, which is $109 (4%) higher than Redondo Beach.
Torrance
Torrance is Redondo Beach's neighbor to the southeast. The housing prices there are a little less expensive. The median home in Torrance costs $762,700, which works out to $163,800 (21%) lower than Redondo Beach. Rent there is a little less expensive. Torrance's median rent is $1,736 per month, which works out to $336 (19%) lower than Redondo Beach.
Lawndale
Lawndale is Redondo Beach's neighbor to the northeast. The housing prices there are substantially less expensive. The median home in Lawndale is valued at $518,000, which comes out to $408,500 (78%) lower than Redondo Beach. Its rents are significantly less expensive. Lawndale's median rent is $1,475 a month, which works out to $597 (40%) lower than Redondo Beach.
Manhattan Beach
Manhattan Beach is Redondo Beach's neighbor to the northwest. Real estate prices there are a lot more expensive. The median home in Manhattan Beach costs $2,000,001, which is $1,073,501 (53%) higher than Redondo Beach. Rent there is somewhat more expensive. In Manhattan Beach the median rent is $2,628 a month, which works out to $556 (21%) higher than Redondo Beach.
Alondra Park
Alondra Park is roughly 3 miles northeast from Redondo Beach. Housing prices there are significantly less expensive. The median home in Alondra Park costs $584,000, which is $342,500 (58%) lower than Redondo Beach. The rent there is a lot less expensive. Alondra Park's median monthly rent is $1,213, which works out to $859 (70%) lower than Redondo Beach.