Pico Rivera, CA—90660
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Pico Rivera, CA
As of Oct '25, the median home price in Pico Rivera, CA is $735,000, with a year-over-year change of -1.1%. This indicates that home prices in Pico Rivera, 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 | $735,000 | -1.1% |
| Single Family | $738,000 | -1.6% |
| Condos | $553,000 | -1.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $668,000 | -1.0% |
3 Bed | $741,000 | -1.7% |
4 Bed | $800,000 | -1.7% |
| 5 Bed | $908,000 | -1.0% |
% of Housing Stock
Rental Trends — Pico Rivera, CA
As of July '25, Rentcast reports the average rent in Pico Rivera, CA is $2,800, with a year-over-year rent change of -13.0%. Per bedroom, the median rent as of July '25 in Pico Rivera, CA is studios: $1,710, 1-bedrooms: $2,180, 2-bedrooms: $2,520, 3-bedrooms: $3,620, 4-bedrooms: $4,500. The most common rental property sizes in Pico Rivera, CA are 2-bedroom and 1-bedroom, accounting for 31.0% and 30.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,600 | $2,800 |
| Studio Rent | $1,620 | $1,710 |
| 1 Bed Rent | $2,150 | $2,180 |
| 2 Bed Rent | $2,400 | $2,520 |
| 3 Bed Rent | $3,400 | $3,620 |
| 4 Bed Rent | $4,500 | $4,500 |
% of Rental Stock
Property Listings — Pico Rivera, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Pico Rivera, CA is 39. This is a increase of 9.0% 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 16.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $770,000 | 7.0% |
Listing Count | 64 | 61.0% |
| Listings as % of Homes | 0.3% | 61.0% |
Days on Market | 39 | 9.0% |
Demographics — Pico Rivera, CA
As of the latest ACS Survey released in 2023, Pico Rivera, CA has a population of 60,800, which has decreased by -4.0% over the past 5 years. Pico Rivera, CA is a moderately popular place for families, as children make up 21.4% of the population. The area has a poorly educated workforce, with 15.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 60,800 | -4.0% |
% Under 18 | 21.4% | -8.5% |
% Seniors | 16.2% | 12.5% |
% WFH | 8.6% | 514.3% |
% w/ College Degree | 15.8% | 24.4% |
As of the latest ACS Survey released in 2023, Pico Rivera, CA is a predominantly hispanic area, with 90.5% of the population identifying as hispanic. The hispanic population has shrunk by 0.1% in the last 5 years. The second most common race or ethnicity in Pico Rivera, CA is white, making up 3.8% of the population. Foreign-born residents account for 30.1% of the population in Pico Rivera, CA, and this percentage has increased by 0.3% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 3.8% | -28.3% |
% Black | 1.9% | 137.5% |
% Hispanic | 90.5% | -0.1% |
% Asian | 3.5% | 25.0% |
% Foreign Born | 30.1% | 0.3% |
Mortgage and Risk — Pico Rivera, CA
According to HUD data as of 2023, there were 521 mortgage originations in Pico Rivera, CA, of which 77.0% of loans were conventional mortgages. The average loan-to-value was 51.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in Pico Rivera, CA. Investor activity is low, as 2.0% of loans were by investors. 24.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 521 |
% Conventional Loans | 77.0% |
% Government Loans | 23.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 24.0% |
Loan Activity
Rentals and Section 8 — Pico Rivera, CA
As of 2024, the percent of homes in Pico Rivera, CA under the Section 8 program is 11.9%. 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. 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Pico Rivera, CA, because HUD payments exceed market rent, while 1-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 666 |
Total Units Section 8 | 597 |
% Rentals under Section 8 | 11.9% |
% Occupied Section 8 | 78.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$170 | $2,150 | $1,980 |
| 2 Bedroom | $100 | $2,400 | $2,500 |
| 3 Bedroom | -$220 | $3,400 | $3,180 |
| 4 Bedroom | -$980 | $4,500 | $3,520 |
Affordability — Pico Rivera, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 7.9 |
| Median Home Price | $735,000 |
| Median Household Income | $87,000 |