salaryRent here is among the highest 10% in the country. Household incomes are higher than in 92% of U.S. cities. A typical house costs about 7.9 years of household income, so buying is hard for most locals. It is a highly educated city: 67% of adults have a college degree.
How much money do I need?
To rent here comfortably, you should earn about $128,480 a year. That is $62 an hour at a full-time job.
Is rent cheaper than other California cities?
No. Rent here is more expensive than in most of California. It is number 541 of 653 cities from cheapest to most expensive.
How much do households earn in Redondo Beach?
Share of households by yearly income. 56.9% of households earn $100,000 or more.
Rent by apartment size in Redondo Beach
| Size | Redondo Beach | U.S. average |
|---|---|---|
| Studio | $2,404 | $1,338 |
| 1 bedroom | $2,424 | $1,324 |
| 2 bedrooms | $2,830 | $1,509 |
| 3 bedrooms | $3,500+ | $1,698 |
| 4 bedrooms | $3,500+ | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Redondo Beach overall?
Everyday prices in California overall are 11% above the U.S. average (index 110.7, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Redondo Beach, so the California figure is shown.
Taxes and bills in Redondo Beach
Life in Redondo Beach
Is it cheaper to rent or buy in Redondo Beach?
Renting is cheaper right now: about $5,664 a month less.
Owning assumes a typical $1,279,200 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $127,920 for the down payment.
Frequently asked questions
What is the average rent in Redondo Beach, CA?
Renting in Redondo Beach costs a median of about $3,212 a month in 2026, including utilities. The California median is $2,357.
How much do I need to make to live in Redondo Beach?
To keep rent under 30% of income, you need about $128,480 a year, or $62 an hour at a full-time job.
Is Redondo Beach cheap or expensive?
Redondo Beach is rated OK: rent takes 23.8% of the typical household income of $162,039. It ranks 541st cheapest of 653 California cities we track.
How much are property taxes in Redondo Beach?
The median homeowner in Redondo Beach pays $8,510 a year in property taxes, about 0.67% of the median home value.
Is Redondo Beach more expensive than the national average?
Overall prices in California are 11% above the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Redondo Beach?
The median home value in Redondo Beach is $1,279,200, about 7.9 times the typical yearly household income.
69,291 people live in Redondo Beach. Numbers are typical (middle) values.