As the economy continues to move on from the COVID-19 pandemic, more millennials are looking to jump on the housing ladder and become homeowners. The LA housing market attracts thousands of millennials each year; however, with hundreds of communities to choose from, it can be challenging to make a decision. If you’re thinking about buying a house in LA but aren’t sure what areas to focus your home search in, keep reading. We’ve created this list of the five best neighborhoods in LA for millennials based on affordability, amenities, and walkability!
Silver Lake is a neighborhood located in east-central Los Angeles. This trendy area is known for its excellent restaurants, hip hangout spots, and colorfully painted staircases. Whether you want a modern bungalow or prefer traditional Spanish-style architecture, you’re sure to find something you love in Silver Lake! If your main goal is to avoid the LA traffic as much as possible, Silver Lake could be the perfect neighborhood for you! With its excellent walkability and a ton of local amenities, you can quickly get whatever you need on foot! Plus, according to Zillow, Silver Lake home values have increased by 7.9% over the past year alone, making it a great area to invest in real estate.
Echo Park is located in Central LA and centered around Echo Park Lake. Extremely popular with young professionals, Echo Park offers residents fabulous eateries and independent boutiques. Due to its central location and easy access to US-101 and US-110, Echo park is also a great choice if you work in downtown LA or commute. The homes in Echo Park range from classic bungalows to apartment buildings, condos, and even some historic homes! According to Zillow, Echo Park has an average home value of $988,712.
Westwood is known as being one of the safest neighborhoods in LA. In fact, Westwood is safer than 98% of LA neighborhoods! It’s also home to the University of California Los Angeles and has plenty of impressive residential areas to choose from. If you work in downtown LA, Westwood is just a short 20-minute drive, plus residents also enjoy access to the Metro Expo line. Consider yourself a foodie? Look no further, as Westwood boasts an array of trendy and delicious eateries to try out!
Playa Del Ray
If you’ve always dreamed of living close to the water and enjoying all that the California coast has to offer, then you should consider a home in Playa Del Ray. Located along the Pacific Coast, Playa Del Rey offers residents beautiful beaches and plenty of Los Angeles sunshine — plus, lots of job opportunities! This is because Playa Del Ray is home to Silicon Valley and major corporations such as Microsoft and Google. But don’t worry, Playa Del Ray isn’t all work and no play. In fact, just a short distance away is Venice Beach and Marina Del Rey, so you can spend your free time enjoying the natural landscape.
Are you looking for a quieter pace of life than Downtown LA? Loz Feliz offers residents the perfect mix of suburban peace with an urban feel. Known for its attractive tree-lined streets, trendy bungalows, and Spanish-style architecture, Loz Feliz is an eclectic and fun neighborhood. Plus, with quick access to Griffith Park, the Greek Theatre, Griffith Observatory, and plenty of bars and restaurants to frequent, there’s always something for residents to do! According to Zillow, the average home value in Loz Feliz has increased by 7.3% over the past year, making it an excellent neighborhood for buyers who want to build equity.