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Cerritos, CA
Full City Profile · California · Orange County County
3.4
/5.0
B
Good
48,340
Population
5,537/sq mi density
$133,953
Median Income
$54,839 per capita
$908,600
Home Value
$1,076,402 Zillow
$2,909
Median Rent
25.2% income on rent
65°F
Avg Temperature
330 sunny days/yr
251
Violent Crime/100K
3,227 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$133,953 median income, 2.9% unemployment
C+
Affordability
2.8 / 5.0
$908,600 home value, $2,909/mo rent
F
Safety
1.0 / 5.0
251 violent crimes/100K
A+
Education
5.0 / 5.0
57.1% bachelor's degree or higher
Housing Overview
Median Home Value
$908,600
222% above
US avg: $281,900
Median Rent
$2,909/mo
150% above
US avg: $1,163/mo
Homeownership Rate
74.6%
14% above US avg (65.4%)
Total Housing Units
16,150
Median year built: 1973
Home Value by Source
Census Median
$908,600
Zillow (ZHVI)
$1,076,402
Median Sale Price
$1,167,500
Median List Price
$1,200,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
74.6%
Owner-Occupied
25.4%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,513/mo
1 Bedroom
$1,647/mo
2 Bedroom
$2,053/mo
3 Bedroom
$2,752/mo
4 Bedroom
$3,165/mo
Census median rent:
$2,909/mo
· Zillow rent:
$3,632/mo
Market Indicators (Redfin)
Median Days on Market
56 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
20
Price Drops
7.4%
of listings with price reduction
Price Per Sq Ft
$652
Active Inventory
27
homes for sale
Affordability & Housing Stock
Rent Burden
25.2%
of renters spending 30%+ of income on housing
19% below US avg (31.0%)
Median Year Built
1973
Average age of housing stock: 53 years
Homeownership Rate
74.6%
Complete Housing Data
Home Values
| Census Median Value | $908,600 |
| Zillow Home Value (ZHVI) | $1,076,402 |
| Median Sale Price | $1,167,500 |
| Median List Price | $1,200,000 |
| Price Per Sq Ft | $652 |
Rent
| Census Median Rent | $2,909 |
| Zillow Rent (ZORI) | $3,632 |
| FMR Studio | $1,513 |
| FMR 1-Bedroom | $1,647 |
| FMR 2-Bedroom | $2,053 |
| FMR 3-Bedroom | $2,752 |
| FMR 4-Bedroom | $3,165 |
Market
| Days on Market | 56 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 7.4% |
| Homes Sold | 20 |
| Active Inventory | 27 |
| Price Per Sq Ft | $652 |
Ownership & Stock
| Owner-Occupied | 74.6% |
| Renter-Occupied | 25.4% |
| Homeownership Rate | 74.6% |
| Total Housing Units | 16,150 |
| Median Year Built | 1973 |
| Rent Burden | 25.2% |