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Monthly Housing Cost Comparison (LA)
Comparison of monthly expenses between a mobile home and typical rental in Los Angeles.
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I bought a $140,000 mobile home in a Los Angeles neighborhood where ...
I bought a mobile home and rent the space where it sits, and the pros still outweigh the cons five years later. Lisa Laureta 2026-05-04T15:40:01.288Z I purchased my 771-square-foot mobile home in Los Angeles for $140,000 in 2020. My mortgage and space-rental costs come to about $2,000 a month for the two-bath, two-bedroom home. I'd love more storage, but I'm grateful I have outdoor space and affordable monthly payments in LA. I've been living in a 771-square-foot, two-bedroom, two-bath mobile home (that doesn't move) in Los Angeles for nearly five years. I purchased it for $140,000 at the end of 2020 and rent the space in the mobile-home park where it sits. The lot price is rent-controlled, so annual increases don't exceed 3%.Between the rental fee and my mortgage, I pay about $2,000 a month to live here — an especially good deal if you consider just how expensive LA can be.Houses in my neighborhood regularly sell for upward of a million dollars, and it's almost impossible to rent a two-bedroom apartment in the area for under $2,000 a month — and forget about getting one with perks like in-unit laundry or a dishwasher.My home now is also far nicer and better-equipped than anything I could afford to rent in the area. I have two parking spaces, a fenced-in yard, in-unit laundry, and a dishwasher. Although my home isn't perfect, it's comfortable and works with my budget.I don't have much space, but I make the most of it — especially my yard I'm so thankful to have my home for several reasons. Lisa Laureta One of the best parts of my home is the private outdoor space, an incredible feat in Los Angeles.By adding camping chairs with cupholders and a projector, my tiny backyard has become an especially great spot for the monthly outdoor movie nights I host with friends.We drink wine, share snacks, and watch a Hallmark movie on the large pull-down screen that's mounted to the side of my house. I love hosting friends and spending time outdoors in my own little space. Lisa Laureta My home's only real drawback is the limited storage: I have just two closets and a crawl space.One closet contains most of my clothes, and the other has to hold, well, everything else: bedding for my guest bed, board games, offseason clothes, cat carriers, suitcases, craft supplies, holiday decorations, a Bissell, and much more. I store my shoes, clothes, and other essentials in a variety of ways. Lisa Laureta The crawl space under my house isn't big, but it does at least pr...
High concentrations of public housing and Section 8 vouchers in low ...
There's a real cost when communities convert green space and single-family homes into large apartment towers: In 1993, a RAND‑funded LA Times study found public housing complexes in Los Angeles had 67 violent crimes per 1,000 residents, compared to just 22 in nearby neighborhoods.
Cost of Living Comparison Calculator: Compare U.S. City Costs
Cost of Living Calculator Compare cost of living between U.S. cities and the national average with our comprehensive calculator. Determine how much more or less you need to maintain a similar standard of living. Compare housing, food, utilities, transportation, and other cost of living numbers across cities.
Home Equity Loan and HELOC Calculator - LendingTree
Our home equity calculator will help you decide if a home equity loan or home equity line of credit (HELOC) is an option for you.
