Local Information for Los Angeles, CA

Los Angeles

The City of Los Angeles, fondly called as the City of Angels by the rest of the world, is one of the biggest urban metropolises in California. It is the most populous city in the state, and the second-most populous in the entire United States. Thousands of people flock to the city, from tourists to businessmen to immigrants. With a massive influx of newcomers each year, it’s unsurprising that there are also a lot of houses, lofts, condos and townhomes being developed each year.

Despite of the high cost of living in Los Angeles, it is still one of the top-destinations for people from all over the world. That is why it is also one of the most ethnically diverse cities in the world. With its history closely tied with Mexico, Los Angeles is home to a large Hispanic population. Other ethnicities that have established their own enclaves or towns are Asians, Middle Easterns, and Pacific Islanders.

It’s not just culture that’s diverse in Los Angeles. As an urban metropolis, it has a very diverse economy as well. From department stores and boutiques, to structural and home maintenance to food industries, residents of Los Angeles should be able to find everything they may ever need in the city.

Affordable Housing in Los Angeles, California   

There aren’t many great affordable housing options in the greater Los Angeles area. Due to the high urban status of the city and the expensive cost of living—that includes real estate—one would have to make quite a bit to be able to live comfortably and truly enjoy the delights of the city. The median sales price for homes in Los Angeles CA for Aug 13 to Nov 13 was $520,000.

Nevertheless, there are affordable housing deals that can shave off several hundred dollars from the average rent costs. Condominiums and apartments with paid utilities are also abundant. Rooms in the middle of downtown LA tend to cost more, but you can find great deals in the surround area. You can find more affordable apartments deals and rental houses in North Hollywood, Palms, West Los Angeles, Toluca Lake, Brentwood, Sherman Oaks, Studio City and Mar Vista.

Rental Assistance in Los Angeles, California

There are actually many rental assistance programs found in LA. There are those funded by the federal government—specifically the Housing Choice Section 8 Voucher Program—and the State of California (ex: the CalVet Home Loan program for military veterans, and the affordable housing deals developed by Los Angeles Housing Authority). Your monthly income must fall within the required income limits to qualify for the government-funded housing assistance.