Chinatown renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in the purple and dark green areas.
Rental Price Key
On average, the cost of rent in Chinatown is about $2,163 per month. This puts it in the 69th percentile compared to the city average cost of rent, which is $1,956. Households in Chinatown have a median income of $5,355 per month so the average renter in Chinatown is spending roughly 40% of their earnings on housing.
Nationally, and in Chinatown, home values are the data point most closely correlated with the cost of rent. The median price of a home in Chinatown is $705,034 right now, which is lower than neighborhoods nearby, meaning that rents in Chinatown also tend to be lower versus these nearby neighborhoods.
Higher rent prices are common in the southeastern parts of Chinatown while lower rent rates are often available in eastern areas.
Nearby Neighborhoods
- Civic Center Little Tokyo, Los Angeles, CA: less expensive rent prices
- Echo Park, Los Angeles, CA: less expensive rent prices
- Downtown Los Angeles, Los Angeles, CA: less expensive rent prices
- New Downtown, Los Angeles, CA: less expensive rent prices
- Wholesale District-Skid Row, Los Angeles, CA: less expensive rent prices
- Montecito Heights, Los Angeles, CA: less expensive rent prices
- Cypress Park, Los Angeles, CA: less expensive rent prices
- Central City East, Los Angeles, CA: less expensive rent prices
- Westlake, Los Angeles, CA: less expensive rent prices
- South Park, Los Angeles, CA: less expensive rent prices
Neighborhoods with Similar Populations
- Del Rio, Jacksonville, FL: less expensive rent prices
- Ponderosa Park, Sunnyvale, CA: more expensive rent prices
- North Stamford, Stamford, CT: more expensive rent prices
- South San Jose Hills, South San Jose Hills, CA: less expensive rent prices
- Govans, Baltimore, MD: less expensive rent prices
- Central Omaha, Omaha, NE: less expensive rent prices
- Rose Hill, Alexandria, VA: more expensive rent prices
- Brooklawn-St. Vincent, Bridgeport, CT: less expensive rent prices
- Bixby Area, Long Beach, CA: less expensive rent prices
- Somerset, Bellevue, WA: more expensive rent prices
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