Rental prices in Lake Balboa, San Fernando Valley, CA have increased by 0.32% over the past year. The average rent moved from $1,893 to $1,899.
Check out the average rent in Los Angeles.
The national average price of rental apartments is $1,743, while the average monthly rent in Lake Balboa, San Fernando Valley, CA is $1,899.
The average monthly rent for an apartment in Lake Balboa, San Fernando Valley, CA is around $1,899.
A share of 84% of apartments in Lake Balboa, San Fernando Valley, CA have the cheapest rents between $1,501-$2,000. Around 9% of Lake Balboa's apartments have monthly rents between $2,001-$2,500. There are 7% of apartments with rents between $2,501-$3,000.
The largest share of rentals in Lake Balboa, San Fernando Valley, CA (84%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
The price range of a 1 bedroom apartment is between $1,711 and $2,465.
The average Lake Balboa, San Fernando Valley, CA 1 bedroom apartment size is 514 sq. ft.
Renting a 1 bedroom apartment comes with more living and storage space compared to a studio apartment.
1 bedroom apartments are usually more expensive than studio apartments in terms of rent and utility costs.
In total, Lake Balboa, San Fernando Valley, CA has 20,563 residents, 10,581 women and 9,982 men, per U.S. Census recent estimates. Statistics show that the median age of Lake Balboa’s population is 38.
There is a total of 7,481 households in Lake Balboa, San Fernando Valley, CA. Of these, 2,156 have children and 5,326 are without children. Per Census Bureau’s most current estimates, 4,691 family households and 2,791 non-family households live in this area. The size of a household in Lake Balboa is 2 people, on average. The median household annual income in Lake Balboa equals $84,628, and the monthly housing costs equal $2,054.
According to data from the U.S. Census Bureau, 11% of the population in Lake Balboa, San Fernando Valley, CA have no high school education, 31% went to high-school, and 21% have partially completed college. Moreover, 8% of the population hold an Associate Degree, 19% hold a Bachelor Degree, and 10% hold a Graduate Degree.
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