Similar to nearby areas, it is a lot more expensive compared to the United States as a whole. However compared to the city of Los Angeles, it is significantly less expensive.
Home prices
The median home in Walnut Park costs $410,300. Compared to the surrounding areas this is roughly $13,200 (3%) higher.It is roughly $192,800 (88%) higher compared to the country as a whole, and compared to the city of Los Angeles it is roughly $226,600 (35%) lower.
Rents
Walnut Park's median rent is $1,152 a month. This is about $13 (1%) lower in comparison to its nearby areas.It is roughly $90 (8%) higher compared to the entire country, and it is roughly $298 (20%) lower compared to the city of Los Angeles.
Nearby places
Huntington Park
Huntington Park is Walnut Park's neighbor to the north. Its real estate prices are pretty similar. The value of the median home in Huntington Park is $412,600, which is very similar to Walnut Park. The rent there is somewhat less expensive. Huntington Park's median rent is $1,081 per month, which is $71 (6%) lower than Walnut Park.
Florence-Graham
Florence-Graham is Walnut Park's neighbor to the west. The housing prices there are a little less expensive. The median home price in Florence-Graham is $357,000, which works out to $53,300 (14%) lower than Walnut Park. The rent there is fairly similar. Florence-Graham's median rent is $1,173 per month, which comes out to $21 (1%) higher than Walnut Park.
South Gate
South Gate is Walnut Park's neighbor to the southeast. Its housing prices are similar. The median home cost in South Gate is $408,200, which is very similar to Walnut Park. Rents there are pretty similar. The median rent in South Gate is $1,160 per month, which is very similar to Walnut Park.
Cudahy
Cudahy is approximately 2 miles east of Walnut Park. Real estate prices there are pretty similar. The cost of the median home in Cudahy is $420,700, which is $10,400 (2%) higher than Walnut Park. Its rents are a bit more expensive. The median monthly rent in Cudahy is $1,306, which works out to $154 (11%) higher than Walnut Park.
Maywood
Maywood is about 2 miles northeast from Walnut Park. Real estate prices there are a little less expensive. Maywood's median home value is $387,000, which works out to $23,300 (6%) lower than Walnut Park. Its rents are pretty similar. The median rent in Maywood is $1,104 a month, which comes out to $48 (4%) lower than Walnut Park.