The typical owner-occupied home in La Quinta is worth about $661,600, 10% below the California median of $734,700 and 99% above the national median of $332,700. Owners pay a median $5,636 a year in property taxes, about 0.85% of their home's value, higher than the California rate of 0.70%. The median household earns $99,250 a year, so the median home costs 6.7 times the median income (7.4 times for California). 76% of occupied homes here are lived in by their owners, and 60% of those owners still have a mortgage.
La Quinta at a glance
| La Quinta | California | U.S. | |
|---|---|---|---|
| Median home value | $661,600 | $734,700 | $332,700 |
| Median property tax paid per year | $5,636 | $5,124 | $3,119 |
| Property tax as a share of value | 0.85% | 0.70% | 0.94% |
| Median household income | $99,250 | $99,122 | $80,734 |
| Homes lived in by their owners | 76% | 56% | 65% |
| Owner homes with a mortgage | 60% | 67% | 61% |
| Median monthly costs, owners with a mortgage | $2,752 | $2,946 | $1,963 |
| Those costs as a share of the owners' income | 27.0% | 24.8% | 21.0% |
| Median rent | $1,785 | $2,036 | $1,413 |
| Rent as a share of renters' income | 33.6% | 32.8% | 30.6% |
| Median year homes were built | 1999 | 1976 | 1980 |
| Vacant homes | 35.6% | 7.5% | 10.1% |
| Population | 38,707 | 39,287,377 | 334,922,499 |
What a typical home costs per month in La Quinta
At this week's average 30-year rate of 7.11%, buying the median La Quinta home of $661,600 with 20% down costs about $4,305 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $5,407, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $184,491 for the 20%-down payment. That payment is 52% of the median La Quinta household income of $99,250; at that income and 20% down, the 28% guideline points to a home of about $356,000.
The median rent here is $1,785 a month, so owning the median home costs about $2,520 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $132,320 |
|---|---|
| Loan amount | $529,280 |
| Principal and interest | $3,560 |
| Property taxes (0.85% a year) | $469 |
| Homeowners insurance (our estimate, 0.5% a year) | $276 |
| PMI | $0 |
| Total per month | $4,305 |
Change the numbers in the calculator
| Down payment | $23,156 |
|---|---|
| Loan amount | $649,617 |
| Principal and interest | $4,370 |
| Property taxes (0.85% a year) | $469 |
| Homeowners insurance (our estimate, 0.5% a year) | $276 |
| FHA mortgage insurance | $293 |
| Total per month | $5,407 |
Change the numbers in the calculator
Questions about home buying in La Quinta
What is the median home value in La Quinta?
About $661,600 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in La Quinta?
Homeowners pay a median $5,636 a year, which is about 0.85% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in La Quinta?
For the median home with 20% down at 7.11%, the payment is about $4,305 a month. Keeping that under 28% of gross income takes about $184,491 a year.
More about La Quinta
- Mortgage Refinance in La Quinta
- Debt Relief in La Quinta
- Home Equity Loans in La Quinta
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data