Affordable Housing Needs Report LA County

KEY FINDINGS

Renters In Los Angeles County need to earn $47.15 per hour - 2.9 times the City of Los Angeles' minimum wage - to afford the average monthly asking rent of $2,452.

521,596 low-income renter households in Los Angeles County do not have access to an affordable home.

State and federal Funding for housing production and preservation in Los Angeles County is $3.6 billion, a 75% increase from the year prior.

80% of extremely low-income households in Los Angeles County are paying more than half of their income on housing costs compared to 2% of moderate-income households.

In2022 in Los Angeles County, there were only 39,680 beds available in the interim and permanent housing supply for persons experiencing homelessness.