For Sale
For Rent

Find real estate listings

Find rental listings

El Monte Housing Information

IndexEl MonteCaliforniaNational
Median home price$374,900$409,300$184,700
Median rent asked$1,118$1,297$949
Avg. people per household3.83.02.6
Owner occupied households39.3%54.1%63.6%
Renter occupied households60.7%45.9%36.4%
Above is a snapshot look at the real estate market in El Monte, CA. In El Monte, CA, the median house price is $374,900, making the price 8% lower than that the average for California. Therefore, the affordability of El Monte, CA area real estate is more affordable than the real estate in other areas of California. In addition, El Monte, CA has a median rent price of $1,118; this price is 14% lower than that the average rental price for California. 39.3% of residents in El Monte, CA are homeowners, and the average amount of people who reside in each home is 3.8. El Monte, CA has a wide array of real estate options available, ranging from cost-friendly condos to high-end luxury homes. We filter listings by number of bathrooms and bedrooms, price and area to simplify the search process for El Monte, CA real estate for sale.

El Monte Home Affordability

When looking for real estate in El Monte, CA, nothing is more important than affordability. There are several methods to calculate the affordability of a home, but perhaps the best way is the home price to median household income ratio. In El Monte, CA, the median price of a home is $374,900 and $40,654 is the median household income. This means that the home price to income ratio is 9.2x, a ratio that is 44% higher than the average in California. The median home price is divided by the median home income to calculate the home affordability ratio. Homes in El Monte, CA will be more financially accessable if the ratio has a lower than average home price to home income. These are not the only aspects to look at when determining the affordability of a home. A home affordability calculator offers a much more exact overview of the true affordability of a property. Use the calculator below to better determine how much you can pay for real estate in El Monte, CA.

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
Willowbrook, CA22,035$246,80034%
Compton, CA97,740$264,30043%
Florence-Graham, CA63,390$267,80045%
East Rancho Dominguez, CA15,887$277,80050%
Paramount, CA54,941$283,40053%
El Monte, CA115,665$374,900103%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Provo, UT115,718$214,80016%
Fargo, ND115,950$178,3003%
Peoria, IL115,990$127,20031%
Lansing, MI114,773$75,50059%
Springfield, IL116,745$123,70033%
El Monte, CA115,665$374,900103%

Source: The El Monte, CA housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).
Are you looking to buy or sell?
What style of home are you
What is your
$100K$250K$500K$750K$1M+
When are you looking to
ASAP1-3 mos.3-6 mos.6-9 mos.1 yr+
Connect with top real estate agents
By submitting this form, you consent to receive text messages, emails, and/or calls (may be recorded; and may be direct, autodialed or use pre-recorded/artificial voices even if on the Do Not Call list) from AreaVibes or our partner real estate professionals and their network of service providers, about your inquiry or the home purchase/rental process. Messaging and/or data rates may apply. Consent is not a requirement or condition to receive real estate services. You hereby further confirm that checking this box creates an electronic signature with the same effect as a handwritten signature.