How much rent can you afford in Lomita, CA?
Run your salary against Lomita's current rent, or find the income you'd need for a target rent. Powered by live RentDataNow medians.
The 30% rent rule, in Lomita
At a median rent of $3,118/mo, Lomita is moderately stretched when measured against Lomita median household income of $93,810/yr. Rent would consume roughly 40% of pre-tax income, and a salary of about $124,720 keeps rent at the recommended 30% threshold.
How Lomita compares nearby
Median rent for the closest cities with data.
Frequently asked
How much rent can I afford in Lomita?
On a $93,810 salary (the Lomita median household income), the recommended ceiling is 30% of pre-tax income, or about $2,345/mo. Lomita's median rent is $3,118/mo. Use the calculator on this page to run your own salary.
What salary do I need to live in Lomita?
To keep Lomita's $3,118/mo median rent under 30% of income, you'd need about $124,720/yr. Lower your target share (e.g. 25%) to need more, or raise it (e.g. 40%) to need less.
Is Lomita affordable on the median California income?
Lomita is moderately stretched on a $93,810 income. Rent would take 40% of pre-tax pay, outside the recommended 30% threshold.
What's the 30% rent rule?
The 30% rule is a long-standing budgeting guideline that keeps rent at or below 30% of gross (pre-tax) income. It leaves enough room for utilities, transit, savings, and debt service. In high-cost markets, many renters exceed 30%, and the Census Bureau classifies households paying more than 30% of income on rent as "cost-burdened".