Cerritos, California.
Typical home $1,086,261 (+3.6% in a year), asking rent $3,385 (+1.5%). Los Angeles-Long Beach-Anaheim, CA metro.
to buy the typical home at today's mortgage rate — +$3,088 (+118%) since Jan 2020.
- 1 year
- Up $37,609 +4%
- $1,048,652$1,086,261 since Sep 2025
- 5 years
- Up $247,446 +29%
- $838,815$1,086,261 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Cerritos$5,702
- California$3,997
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 13 years.
Typical home values in Cerritos, CA rose 3.6% over the past year — faster than the nation's +1.2%.
Asking rents in Cerritos, CA rose 1.5% over the past year — slower than the nation's +2.7%.
Owning the typical home in Cerritos runs $4,095/mo more than renting one. The gap peaked at $4,101 in Jan 2025.
That is $7,480 a month against $3,385 rent: a $5,702 mortgage payment, plus $616 property tax and $1,163 insurance & upkeep.
Owning vs renting — Cerritos
The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.
- Owning all in$7,480
- Renting$3,385
- Mortgage only$5,702
Property tax · $616/mo 0.68% of value a year — the ACS 2020-2024 median bill over the median home value for Los Angeles County, CA
Insurance & upkeep · $1,163/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.
Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.
Living in Cerritos, Los Angeles County, California
Cerritos is a city of 49,578 people in Los Angeles County. Half its households earn more than $135,439 a year and half less, against $90,112 across Los Angeles County; 5% of its people live below the poverty line. 76% of its homes are lived in by their owners and 24% are rented. Unemployment in Cerritos was 4.9% in August 2026, and Los Angeles County had about as many jobs in 2025 as the year before. The most residents work in schools and health care, then professional services.
Written by AI Claude Sonnet 5.5 wrote this on 24 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Cerritos is a city in Los Angeles County where most homes are lived in by their owners, a larger share than across the county as a whole. Household incomes run well above the county's, fewer people live below the poverty line, and a large majority of adults hold a four-year degree. Residents skew older than in many places, and typical home values and rents are high. Winters are mild and summers warm, with little rain or snow through the year.
Work. Many residents work in schools, hospitals and social care, followed by professional and business services, manufacturing and retail. Among the largest workplaces in Cerritos are UPS, the ABC Unified school district and Revolve Clothing. Commutes are on the long side, and a fair number of people work from home. Unemployment is lower than it was a year ago, though the county's job count has not grown.
Things to do. Disneyland and Knott's Berry Farm, both amusement parks, are a short drive away. For a day out with more distance, the Getty Center is a museum a longer drive away, and Dodger Stadium is a ballpark a longer drive away as well.
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- 16,065households
- 58%of adults have a degree
- 5%below the poverty line
- 32 mintypical commute
- 19%work from home
What residents work in
Employed residents by industry, from the Census survey. Los Angeles County had 4,525,460 jobs in 2025, about as many as the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in December, with highs near 68° and lows near 46°; warmest in August, with highs near 87° and lows near 66°. About 12 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Fullerton Municipal Airport weather station, 5 miles away (NOAA).
Largest workplaces in Cerritos
- UPSCouriers and express delivery services1,728
- ABC UnifiedSchool district1,673FTE
- Revolve ClothingClothing stores, family1,234
- Southern Glazers Wine and SpiritsWine and distilled alcoholic merchants and wholesalers927
- Ecology Auto PartsTrash hauling, local668
- College Health EnterprisesManagement consulting services533
- WalmartWarehouse clubs and supercenters347
- CareMore Health Management ServicesCorporate offices341
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 59 workplaces with 20 or more staff, 9,685 people in all. School districts come from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- EarthquakesRelatively high
- Inland floodingRelatively high
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Cerritos’ census tracts, against the rest of the country; all of them together, relatively high. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Los Angeles County and the Los Angeles-Long Beach-Anaheim, CA metro.
Cerritos home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Cerritos$1,086,261
- California$761,538
- United States$366,157
Sellers are cutting prices on about 1 in 5 Cerritos listings, and the typical home goes pending in 15 days — the market is roughly in balance.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Cerritos22.17%
- United States26.90%
Days to pending
How long the typical listing takes to go under contract.
Not enough data to draw this yet.
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Cerritos62
New listings per month
Sellers arriving at the market.
- Cerritos25
Median sale price
What buyers actually paid — closed sales, not asking prices.
- Cerritos$1,164,824
- United States$371,407
Zip codes with a Cerritos address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Cerritos — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.