Affordability evidence

Montebello, CA home values, income, and owner costs

A borrower-focused reading of the latest ACS value, income, and owner-cost evidence for Montebello, CA.

Source: U.S. Census Bureau

Last updated . Article facts reviewed through this date. Time-sensitive figures show their own as-of dates.

House models, keys, and documents arranged for real estate planning
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In Montebello, CA, the 2024 ACS reports a median owner-occupied home value of $697,900, median household income of $79,971, and median selected monthly owner costs of $2,733 for owners with a mortgage. For the decision at hand, together, those three reference points may help a borrower identify which search-price, income, and recurring-cost assumptions need current verification first. They remain separate medians, not the finances of one representative household, and the $2,733 measure combines recurring ownership expenses rather than real estate taxes alone. In practical terms, a useful affordability review starts with $697,900, $79,971, and $2,733, then replaces them with the borrower's documented income, cash, debts, property taxes, insurance, association charges, loan terms, and intended occupancy.

Montebello, CA's $697,900 median home-value estimate is below the statewide $734,700 estimate, with a reported city-to-state gap of 5.0%.