Avenue S corridor home values

Avenue S corridor
Palmdale, California · Neighborhood report
Median value $379K · ZIP 93550 · Values through Aug 2026

Avenue S corridor at a glance

  • Avenue S corridor shares ZIP-level data with ZIP 93550: median value $378,700, median rent $1,573/month.
Value score

Avenue S corridor home value score

4.0
Value Score / 10
Census-based
from local value, rent & income

In ZIP 93550, rents are moderate relative to prices, and homes are expensive against local incomes.

How the Value Score is built

Rental yield2.8 / 10
Gross annual rent as a share of home value — 5.0% here. Higher means stronger cash flow.
Affordability5.1 / 10
Home value versus local income — 5.9× here. Lower is more affordable.

Computed figures

5.0%
Gross rental yield
5.9×
Price-to-income
+11%
Value vs U.S.

A transparent value snapshot — computed from U.S. Census ACS (2023) for this ZIP: home value, gross rent and household income. It is not a market-timing or appreciation forecast.

Buying vs renting

What it costs to buy a home in Avenue S corridor

$379K
Typical price
$76K
Down payment (20%)
$1,915
Monthly P&I
$1,573
Median rent

At the typical value of $378,700, a buyer putting 20% down ($75,740) and financing the rest at 6.5% over 30 years would pay about $1,915 a month in principal and interest — 36% of the median household income here. That is well above the common 28% guideline, so buying here typically takes an above-median income, a larger down payment or existing equity. The median rent is $1,573/month, so owning costs roughly 22% more per month than renting, before taxes, insurance and upkeep — the trade-off is building equity.

Estimate only: excludes property tax, insurance, HOA and PMI, which vary by property. Incomes and rents are the latest Census (ACS 2023) figures. Run your own numbers in the estimator below.

Take-aways

What this means for buyers, sellers and investors in Avenue S corridor

Buyers

At 5.9× local income, this is a premium market; expect competition for the few homes at the lower end of the range.

Sellers

Typical values here are 11% above the U.S. median; get a home-specific estimate before you list — condition and size move the number more than the area average.

Investors

A gross rental yield of 5.0% is middling — returns depend on buying below the typical price or adding value.

Nearby

Other neighborhoods in Palmdale

NameHome value1-yrIncomeRentPrice / income
Ana Verde Hills city data$379K−0.6%$64K$1,5735.9×
Anaverde ZIP 93551 · shared$549K+0.4%$111K$2,2635.0×
Avenue S corridor city data$379K−0.6%$64K$1,5735.9×
Desert Oasis city data$379K−0.6%$64K$1,5735.9×
East Palmdale$415K−0.0%$85K$1,8514.9×
Harold city data$379K−0.6%$64K$1,5735.9×
Joshua Hills city data$379K−0.6%$64K$1,5735.9×
Leona Valley city data$379K−0.6%$64K$1,5735.9×
Littlerock$354K+2.0%$69K$1,6585.1×
Palmdale 1000 city data$379K−0.6%$64K$1,5735.9×
Pearblossom city data$379K−0.6%$64K$1,5735.9×
Quartz Hill city data$379K−0.6%$64K$1,5735.9×
Rancho Vista ZIP 93551 · shared$549K+0.4%$111K$2,2635.0×
Ritter Ranch city data$379K−0.6%$64K$1,5735.9×
Tierra Subida ZIP 93551 · shared$549K+0.4%$111K$2,2635.0×
West Palmdale ZIP 93551 · shared$549K+0.4%$111K$2,2635.0×

Home value, income and rent: Census ACS medians; 1-yr: Zillow ZHVI change over 12 months. Tap a column heading to sort.

Your home

What’s your Avenue S corridor home worth?

Just lookingColdReady to sell

Estimates are informational only and are not an appraisal.

Methodology

About this data

Data last updated: September 2026.

Current values and trends use the Zillow Home Value Index (ZHVI) — the typical value of mid-tier homes, smoothed and seasonally adjusted — through Aug 2026. It is refreshed monthly.

Median values, incomes, rents, housing stock and commutes come from the U.S. Census Bureau’s American Community Survey (ACS) 5-year estimates at ZIP Code Tabulation Area level. City and state figures are population-weighted averages of their ZIPs.

The Value Score (0–10) blends gross rental yield and price-to-income affordability. It is a value snapshot, not a forecast.

Mortgage figures assume 20% down and a 6.5% fixed 30-year loan, principal and interest only.

These are area-level statistics, not an appraisal of any individual property, and not financial advice.

Sources: U.S. Census ACS · Zillow ZHVI.