Rancho Park, Los Angeles, CA—90064
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Rancho Park, Los Angeles, CA
As of Oct '25, the median home price in Rancho Park, Los Angeles, CA is $1,778,000, with a year-over-year change of -4.3%. This indicates that home prices in Rancho Park, Los Angeles, CA are decreasing. According to Zillow, the 1-year price projection is 0.3%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,778,000 | -4.4% |
| Single Family | $1,946,000 | -4.5% |
| Condos | $899,000 | -3.9% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $717,000 | -3.5% |
2 Bed | $1,177,000 | -2.2% |
3 Bed | $1,767,000 | -4.1% |
4 Bed | $2,448,000 | -3.6% |
| 5 Bed | $3,441,000 | -4.3% |
% of Housing Stock
Rental Trends — Rancho Park, Los Angeles, CA
As of July '25, Rentcast reports the average rent in Rancho Park, Los Angeles, CA is $4,060, with a year-over-year rent change of -11.4%. Per bedroom, the median rent as of July '25 in Rancho Park, Los Angeles, CA is studios: $2,360, 1-bedrooms: $2,750, 2-bedrooms: $3,920, 3-bedrooms: $6,050, 4-bedrooms: $8,500. The most common rental property sizes in Rancho Park, Los Angeles, CA are 2-bedroom and 1-bedroom, accounting for 37.2% and 32.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,300 | $4,060 |
| Studio Rent | $2,280 | $2,360 |
| 1 Bed Rent | $2,600 | $2,750 |
| 2 Bed Rent | $3,750 | $3,920 |
| 3 Bed Rent | $6,000 | $6,050 |
| 4 Bed Rent | $8,600 | $8,500 |
% of Rental Stock
Property Listings — Rancho Park, Los Angeles, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Rancho Park, Los Angeles, CA is 45. This is a decrease of -10.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 22.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,970,000 | -7.0% |
Listing Count | 74 | 2.0% |
| Listings as % of Homes | 0.3% | 2.0% |
Days on Market | 45 | -10.0% |
Demographics — Rancho Park, Los Angeles, CA
As of the latest ACS Survey released in 2023, Rancho Park, Los Angeles, CA has a population of 26,500, which has increased by 4.2% over the past 5 years. Rancho Park, Los Angeles, CA is a moderately popular place for families, as children make up 18.2% of the population. The area has a highly educated workforce, with 70.6% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 29.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 26,500 | 4.2% |
% Under 18 | 18.2% | -4.7% |
% Seniors | 18.6% | 9.4% |
% WFH | 29.8% | 213.7% |
% w/ College Degree | 70.6% | 5.2% |
As of the latest ACS Survey released in 2023, Rancho Park, Los Angeles, CA is a predominantly white area, with 54.1% of the population identifying as white. The white population has shrunk by 14.5% in the last 5 years. The second most common race or ethnicity in Rancho Park, Los Angeles, CA is asian, making up 18.9% of the population. Foreign-born residents account for 25.0% of the population in Rancho Park, Los Angeles, CA, and this percentage has decreased by 5.3% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 54.1% | -14.5% |
% Black | 3.7% | 32.1% |
% Hispanic | 14.0% | 13.8% |
% Asian | 18.9% | 6.2% |
% Foreign Born | 25.0% | -5.3% |
Mortgage and Risk — Rancho Park, Los Angeles, CA
According to HUD data as of 2023, there were 257 mortgage originations in Rancho Park, Los Angeles, CA, of which 98.0% of loans were conventional mortgages. The average loan-to-value was 47.0%, with 3.0% above 90% LTV (normal). This implies small mortgage risk in Rancho Park, Los Angeles, CA. Investor activity is low, as 3.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 257 |
% Conventional Loans | 98.0% |
% Government Loans | 2.0% |
% Investor Loans | 3.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 5.0% |
Loan Activity
Rentals and Section 8 — Rancho Park, Los Angeles, CA
As of 2024, the percent of homes in Rancho Park, Los Angeles, CA under the Section 8 program is 0.5%. 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 Rancho Park, 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 | 118 |
Total Units Section 8 | 73 |
% Rentals under Section 8 | 0.5% |
% Occupied Section 8 | 83.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $330 | $2,600 | $2,930 |
| 2 Bedroom | -$60 | $3,750 | $3,690 |
| 3 Bedroom | -$1,310 | $6,000 | $4,690 |
| 4 Bedroom | -$3,400 | $8,600 | $5,200 |
Affordability — Rancho Park, Los Angeles, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 14.2 |
| Median Home Price | $1,778,000 |
| Median Household Income | $130,000 |