L.A. Housing Facts

Los Angeles Housing Facts
(You may want to sit down for this)

There are an estimated 91,000 people homeless each night in Los Angeles County.
Renters in the City of Los Angeles must earn $26 per hour, or $54,080 to afford a market rate unit in the city.
Average rents for a 1-bedroom unit range from $793 to $1,129 and the lowest price found for a 2-bedroom unit was $975.
A minimum-wage worker ($6.75/hour) would need to work 92 hours a week to afford a 1 bedroom unit, and 116 hours a week to afford a 2 bedroom unit.
Just over 54% of the region’s renters spent 30% or more of their incomes on rent in 2004, up from 49% in 2000.
In Los Angeles, there is a need for 23,968 units of permanent supportive housing for individuals, yet only 2,402 are available.
Less than 1 in 5 households (19%) could afford an average priced home in 2004 in LA County, compared to about 1 in 4 (26%) in 2003.

 

Contact Alexandria House info@alexandriahouse.org
Tel: (213) 381-2649  Fax: (213) 382-4517