States › California › Walnut Park

Is Walnut Park, CA expensive to live in?

OKRent takes 24 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,7301% lower than U.S. average
💵 Families earn per year (2026)$86,637about $7,220/month · same as U.S. average
🔑 House price$589,00077% higher than U.S. average

Rent is higher than in 54% of U.S. cities. A typical house costs about 6.8 years of household income, so buying is hard for most locals. Commutes are long, about 33.4 minutes each way.

How much money do I need?

To rent here comfortably, you should earn about $69,200 a year. That is $33 an hour at a full-time job.

Is rent cheaper than other California cities?

Yes. Rent here is cheaper than in most of California. It is number 135 of 653 cities from cheapest to most expensive.

Walnut Park
$1,730
$2,657
$2,398

How much do households earn in Walnut Park?

Under $25k
12.5%
$25k–50k
18.3%
$50k–100k
43.8%
$100k–150k
15.6%
$150k+
7.7%

Share of households by yearly income. 23.3% of households earn $100,000 or more.

Rent by apartment size in Walnut Park

SizeWalnut ParkU.S. average
Studio$924$1,338
1 bedroom$1,338$1,324
2 bedrooms$1,729$1,509
3 bedrooms$2,363$1,698
4 bedrooms$2,482$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Walnut Park overall?

Everyday prices in California overall are 11% above the U.S. average (index 110.7, U.S. = 100).

Housing
154
Goods (food, clothes…)
106
Utilities
159
Other services
103
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Walnut Park, so the California figure is shown.

Taxes and bills in Walnut Park

🏛️ Property tax$4,023a year · 0.68% of home value · U.S. $3,119
⚡ Electric bill$98a month (typical) · U.S. $156

Life in Walnut Park

Commute to work33.4 minU.S.: 26.4 min
College degree9.7%U.S.: 35.7%
Own their home51%U.S.: 65.2%
Below poverty line17.1%U.S.: 12.5%
Unemployment7.8%U.S.: 5.2%

Is it cheaper to rent or buy in Walnut Park?

Renting is cheaper right now: about $2,357 a month less.

Renting
$1,730
Owning
$4,087

Owning assumes a typical $589,000 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $58,900 for the down payment.

Frequently asked questions

What is the average rent in Walnut Park, CA?

Renting in Walnut Park costs a median of about $1,730 a month in 2026, including utilities. The California median is $2,357.

How much do I need to make to live in Walnut Park?

To keep rent under 30% of income, you need about $69,200 a year, or $33 an hour at a full-time job.

Is Walnut Park cheap or expensive?

Walnut Park is rated OK: rent takes 24.0% of the typical household income of $86,637. It ranks 135th cheapest of 653 California cities we track.

How much are property taxes in Walnut Park?

The median homeowner in Walnut Park pays $4,023 a year in property taxes, about 0.68% of the median home value.

Is Walnut Park 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 Walnut Park?

The median home value in Walnut Park is $589,000, about 6.8 times the typical yearly household income.

14,958 people live in Walnut Park. Numbers are typical (middle) values.