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.
How much do households earn in Walnut Park?
Share of households by yearly income. 23.3% of households earn $100,000 or more.
Rent by apartment size in Walnut Park
| Size | Walnut Park | U.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).
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
Life in Walnut Park
Is it cheaper to rent or buy in Walnut Park?
Renting is cheaper right now: about $2,357 a month less.
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.