Cost of Living in Redondo Beach, CA
Population: 69,814 • 2026 Data
$144,588
Median Household Income
+87% vs national
$2,562
Median Monthly Rent
+90% vs national
$1,225,400
Median Home Value
+261% vs national
5.4%
Unemployment Rate
Housing in Redondo Beach
The median home value in Redondo Beach, CA is $1,225,400. Monthly rent for a typical unit averages $2,562, while total monthly housing costs (including utilities and insurance) average $2,781.
Rent-to-income ratio: 21.3%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Redondo Beach, CA is $144,588. The unemployment rate stands at 5.4%, with a labor force of 39,718 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.