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Boyle Heights, Los Angeles, CA—90023

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$623,000
2.5% YoY Growth
Household Income
$56,600
37.1% YoY Growth
Days on Market
65
33.0% Longer YoY
Home Price Forecast
-0.2%
Median Rent
$2,480
20.0% YoY Growth
1-Bed Rent
$1,700
18.6% YoY Growth
2-Bed Rent
$2,480
30.7% YoY Growth
3-Bed Rent
$3,000
4.5% YoY Growth

Other Zip Codes in Boyle Heights, Los Angeles, CA

90033
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Boyle Heights, Los Angeles, CA

As of Dec '25, the median home price in Boyle Heights, Los Angeles, CA is $623,000, with a year-over-year change of -2.5%. This indicates that home prices in Boyle Heights, Los Angeles, CA are decreasing. According to Zillow, the 1-year price projection is -0.2%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$623,000-2.5%
Single Family $624,000-2.8%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
  • $494,000
    1.9%
    2 Bed
    $579,000-2.9%
    3 Bed
    $641,000-3.2%
    4 Bed
    $696,000-2.7%
    5 Bed $760,701-3.7%
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    % of Housing Stock

    Studio
    6.5%
    1 Bedroom
    24.0%
    2 Bedrooms
    42.1%
    3 Bedrooms
    21.4%
    4 Bedrooms
    5.5%
    5+ Bedrooms
    0.6%

    Rental Trends — Boyle Heights, Los Angeles, CA

    As of July '25, Rentcast reports the average rent in Boyle Heights, Los Angeles, CA is $2,480, with a year-over-year rent change of -20.0%. Per bedroom, the median rent as of July '25 in Boyle Heights, Los Angeles, CA is studios: $1,710, 1-bedrooms: $1,440, 2-bedrooms: $2,330, 3-bedrooms: $3,280, 4-bedrooms: $4,250. The most common rental property sizes in Boyle Heights, Los Angeles, CA are 2-bedroom and 1-bedroom, accounting for 44.9% and 30.7% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$2,480$2,480
    Studio Rent $1,650$1,710
    1 Bed Rent $1,700$1,440
    2 Bed Rent $2,480$2,330
    3 Bed Rent $3,000$3,280
    4 Bed Rent $4,250$4,250
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    % of Rental Stock

    Studio
    7.5%
    1 Bedroom
    30.7%
    2 Bedrooms
    44.9%
    3 Bedrooms
    13.0%
    4 Bedrooms
    3.6%
    5+ Bedrooms
    0.1%

    Property Listings — Boyle Heights, Los Angeles, CA

    As of Dec '25, Realtor.com reports that the median days on market for a home in Boyle Heights, Los Angeles, CA is 129. This is a increase of 64.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    $625,000-8.0%
    Listing Count
    14-17.0%
    Listings as % of Homes0.1%-17.0%
    Days on Market
    6533.0%
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    Demographics — Boyle Heights, Los Angeles, CA

    As of the latest ACS Survey released in 2023, Boyle Heights, Los Angeles, CA has a population of 44,600, which has decreased by -4.6% over the past 5 years. Boyle Heights, Los Angeles, CA is a popular place for families, as children make up 30.2% of the population. The area has a poorly educated workforce, with 10.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.7% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    44,600-4.6%
    % Under 18
    30.2%8.6%
    % Seniors
    10.9%12.4%
    % WFH
    4.7%51.6%
    % w/ College Degree
    10.2%78.9%
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    As of the latest ACS Survey released in 2023, Boyle Heights, Los Angeles, CA is a predominantly hispanic area, with 96.1% of the population identifying as hispanic. The hispanic population has shrunk by 0.5% in the last 5 years. The second most common race or ethnicity in Boyle Heights, Los Angeles, CA is white, making up 1.8% of the population. Foreign-born residents account for 41.0% of the population in Boyle Heights, Los Angeles, CA, and this percentage has decreased by 11.3% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    1.8%20.0%
    % Black
    0.7%-50.0%
    % Hispanic
    96.1%-0.5%
    % Asian
    1.0%25.0%
    % Foreign Born
    41.0%-11.3%
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    Mortgage and Risk — Boyle Heights, Los Angeles, CA

    According to HUD data as of 2023, there were 88 mortgage originations in Boyle Heights, Los Angeles, CA, of which 77.0% of loans were conventional mortgages. The average loan-to-value was 51.0%, with 17.0% above 90% LTV (elevated). This implies medium mortgage risk in Boyle Heights, Los Angeles, CA. Investor activity is low, as 9.0% of loans were by investors. 33.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    88
    % Conventional Loans
    77.0%
    % Government Loans
    23.0%
    % Investor Loans
    9.0%
    % Second Loans
    0.0%
    % Cash Out Refinance
    33.0%
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    Rentals and Section 8 — Boyle Heights, Los Angeles, CA

    As of 2024, the percent of homes in Boyle Heights, Los Angeles, CA under the Section 8 program is 5.0%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Boyle Heights, Los Angeles, CA, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.

    Section 8 Market Size

    Total Units under HUD
    1,034
    Total Units Section 8
    460
    % Rentals under Section 8
    5.0%
    % Occupied Section 8
    83.0%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$110$1,700$1,810
    2 Bedroom-$190$2,480$2,290
    3 Bedroom-$60$3,000$2,940
    4 Bedroom-$1,010$4,250$3,240

    Affordability — Boyle Heights, Los Angeles, CA

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio10.7
    Median Home Price$623,000
    Median Household Income$56,600

    Boyle Heights, Los Angeles, CA — ZIP Code Boundary Map

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    Nearby ZIP Codes

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    Frequently Asked Questions