El Sereno 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
Luxury
High-end
Mid-tier
Most affordable
On average, the cost of rent in El Sereno is about $1,433 per month. This puts it in the 19th percentile compared to the city average cost of rent, which is $1,956. Households in El Sereno have a median income of $4,713 per month so the average renter in El Sereno is spending roughly 30% of their earnings on housing.
Nationally, and in El Sereno, home values are the data point most closely correlated with the cost of rent. The median price of a home in El Sereno is $607,798 right now, which is lower than neighborhoods nearby, meaning that rents in El Sereno also tend to be lower versus these nearby neighborhoods.
Higher rent prices are common in the northwestern parts of El Sereno while lower rent rates are often available in southeastern areas.
Nearby Neighborhoods
- Montecito Heights, Los Angeles, CA: less expensive rent prices
- Mount Washington, Los Angeles, CA: more expensive rent prices
- Highland Park, Los Angeles, CA: more expensive rent prices
- Cypress Park, Los Angeles, CA: more expensive rent prices
- Boyle Heights, Los Angeles, CA: less expensive rent prices
- Chinatown, Los Angeles, CA: more expensive rent prices
- East Los Angeles, Los Angeles, CA: less expensive rent prices
- Eagle Rock, Los Angeles, CA: more expensive rent prices
- Echo Park, Los Angeles, CA: more expensive rent prices
- Civic Center Little Tokyo, Los Angeles, CA: more expensive rent prices
Neighborhoods with Similar Populations
- Downtown Memphis, Memphis, TN: less expensive rent prices
- Outer Sunset, San Francisco, CA: more expensive rent prices
- Mid City West, Los Angeles, CA: more expensive rent prices
- University Heights, Bronx, NY: less expensive rent prices
- Lower Valley, El Paso, TX: less expensive rent prices
- El Rancho, Pico Rivera, CA: more expensive rent prices
- Inwood, New York, NY: more expensive rent prices
- Lone Mountain, Las Vegas, NV: more expensive rent prices
- Michael Way, Las Vegas, NV: less expensive rent prices
- Central West Denver, Denver, CO: less expensive rent prices
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