Marina del Rey, CA—90292
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Marina del Rey, CA
As of Oct '25, the median home price in Marina del Rey, CA is $1,230,000, with a year-over-year change of -3.8%. This indicates that home prices in Marina del Rey, CA are decreasing. According to Zillow, the 1-year price projection is 0.1%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,230,000 | -3.8% |
| Single Family | $1,441,000 | -5.7% |
| Condos | $1,148,000 | -2.9% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $731,000 | -6.6% |
2 Bed | $1,203,000 | -3.5% |
3 Bed | $1,522,000 | -4.2% |
4 Bed | $3,154,000 | 0.8% |
| 5 Bed | $3,938,000 | 2.0% |
% of Housing Stock
Rental Trends — Marina del Rey, CA
As of July '25, Rentcast reports the average rent in Marina del Rey, CA is $5,250, with a year-over-year rent change of -10.4%. Per bedroom, the median rent as of July '25 in Marina del Rey, CA is studios: $2,650, 1-bedrooms: $3,890, 2-bedrooms: $5,950, 3-bedrooms: $7,250. The most common rental property sizes in Marina del Rey, CA are 2-bedroom and 1-bedroom, accounting for 46.9% and 40.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $5,000 | $5,250 |
| Studio Rent | $2,520 | $2,650 |
| 1 Bed Rent | $4,000 | $3,890 |
| 2 Bed Rent | $6,000 | $5,950 |
| 3 Bed Rent | $7,000 | $7,250 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Marina del Rey, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Marina del Rey, CA is 59. This is a increase of 13.0% 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 20.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,310,000 | -2.0% |
Listing Count | 123 | 1.0% |
| Listings as % of Homes | 0.4% | 1.0% |
Days on Market | 59 | 13.0% |
Demographics — Marina del Rey, CA
As of the latest ACS Survey released in 2023, Marina del Rey, CA has a population of 23,700, which has increased by 5.3% over the past 5 years. Marina del Rey, CA is a less popular place for families, as children make up 11.8% of the population. The area has a highly educated workforce, with 72.9% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 43.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 23,700 | 5.3% |
% Under 18 | 11.8% | 22.9% |
% Seniors | 13.4% | -13.5% |
% WFH | 43.1% | 259.2% |
% w/ College Degree | 72.9% | 8.5% |
As of the latest ACS Survey released in 2023, Marina del Rey, CA is a predominantly white area, with 63.4% of the population identifying as white. The white population has shrunk by 10.8% in the last 5 years. The second most common race or ethnicity in Marina del Rey, CA is hispanic, making up 11.8% of the population. Foreign-born residents account for 22.8% of the population in Marina del Rey, CA, and this percentage has decreased by 4.6% 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 | 63.4% | -10.8% |
% Black | 6.5% | -13.3% |
% Hispanic | 11.8% | 37.2% |
% Asian | 9.4% | 0.0% |
% Foreign Born | 22.8% | -4.6% |
Mortgage and Risk — Marina del Rey, CA
According to HUD data as of 2023, there were 219 mortgage originations in Marina del Rey, CA, of which 98.0% of loans were conventional mortgages. The average loan-to-value was 55.0%, with 1.0% above 90% LTV (normal). This implies small mortgage risk in Marina del Rey, CA. Investor activity is low, as 3.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 219 |
% Conventional Loans | 98.0% |
% Government Loans | 2.0% |
% Investor Loans | 3.0% |
% Second Loans | 5.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Marina del Rey, CA
Marina del Rey, CA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 327 |
Total Units Section 8 | 141 |
% Rentals under Section 8 | 1.4% |
% Occupied Section 8 | 88.7% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$880 | $4,000 | $3,120 |
| 2 Bedroom | -$2,060 | $6,000 | $3,940 |
| 3 Bedroom | -$1,990 | $7,000 | $5,010 |
| 4 Bedroom | N/A | N/A | $5,550 |
Affordability — Marina del Rey, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 9.5 |
| Median Home Price | $1,230,000 |
| Median Household Income | $137,000 |