Similar to its nearby areas, it is a lot more expensive compared to the US as a whole. Compared to the city of Los Angeles however, it is a lot less expensive.
Home prices
The value of the median home in South Gate is $408,200. Compared to its nearby areas it is is very similar.In comparison to the United States as a whole it is approximately $190,700 (87%) higher, and it is about $228,700 (35%) lower in comparison to the city of Los Angeles.
Rents
The median monthly rent in South Gate is $1,160. This is approximately $63 (5%) lower compared to nearby areas.In comparison to the US as a whole it is roughly $98 (9%) higher, and compared to the city of Los Angeles it is approximately $290 (19%) lower.
Nearby places
Cudahy
Cudahy is South Gate's neighbor to the north. Real estate prices there are fairly similar. The median home in Cudahy costs $420,700, which comes out to $12,500 (2%) higher than South Gate. The rent there is a little more expensive. The median rent in Cudahy is $1,306 a month, which works out to $146 (11%) higher than South Gate.
Lynwood
Lynwood is South Gate's neighbor to the south. Its real estate prices are similar. The median home in Lynwood is valued at $399,100, which works out to $9,100 (2%) lower than South Gate. Rents there are similar. The median rent in Lynwood is $1,211 a month, which works out to $51 (4%) higher than South Gate.
Walnut Park
Walnut Park is South Gate's neighbor to the northwest. The real estate prices there are similar. The median home value in Walnut Park is $410,300, which is very similar to South Gate. Rents there are similar. Walnut Park's median rent is $1,152 per month, which is very similar to South Gate.
Bell Gardens
Bell Gardens is South Gate's neighbor to the northeast. Real estate prices there are somewhat less expensive. The median home price in Bell Gardens is $388,100, which works out to $20,100 (5%) lower than South Gate. The rent there is a little more expensive. In Bell Gardens the median rent is $1,252 per month, which comes out to $92 (7%) higher than South Gate.
Bell
Bell is roughly 2 miles north from South Gate. Housing prices there are fairly similar. The median home in Bell is valued at $413,400, which works out to $5,200 (1%) higher than South Gate. Rent there is similar. The median rent in Bell is $1,192 per month, which comes out to $32 (2%) higher than South Gate.
