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Real Estate Prices & Overview

Rampart Village South median real estate price is $639,557, which is less expensive than 66.8% of California neighborhoods and 20.4% of all U.S. neighborhoods.

The average rental price in Rampart Village South is currently $2,743, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 63.1% of California neighborhoods.

Rampart Village South is a densely urban neighborhood (based on population density) located in Los Angeles, California.

Rampart Village South real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the Rampart Village South neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Real estate vacancies in Rampart Village South are 5.9%, which is lower than one will find in 60.4% of American neighborhoods. Demand for real estate in Rampart Village South is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

Notable & Unique Neighborhood Characteristics

Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Los Angeles, the Rampart Village South neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

The Rampart Village South neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 97.3% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.

In addition, the Rampart Village South neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 63,040 persons per square mile in the neighborhood, it is more packed with people than 98.9% of the nation's neighborhoods.

Furthermore, one of the really unique and interesting things about the look and setting of the Rampart Village South neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 93.6% of the residential real estate here is classified as such. This puts this neighborhood on the map as having a higher proportion of large apartment buildings than 98.7% of all neighborhoods in America.

Also of note, renter-occupied real estate is dominant in the Rampart Village South neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 87.8%, which is higher than 96.2% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so.

Modes of Transportation

Our research revealed that more commuters here take the bus to work (17.6% ride the bus) than 98.1% of all American neighborhoods. If you like the idea of leaving your car and home and hopping the bus to work, this might be a good neighborhood for you to consider.

Migration / Stability

Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? NeighborhoodScout's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. What is interesting to note, is that the Rampart Village South neighborhood has a greater percentage of residents born in another country (56.2%) than are found in 98.8% of all U.S. neighborhoods.

Diversity

Did you know that the Rampart Village South neighborhood has more Asian and South American ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 44.7% of this neighborhood's residents have Asian ancestry and 5.9% have South American ancestry.

Rampart Village South is also pretty special linguistically. Significantly, 30.5% of its residents five years old and above primarily speak Korean at home. While this may seem like a small percentage, it is higher than 100.0% of the neighborhoods in America.

The Neighbors

There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.

The neighbors in the Rampart Village South neighborhood in Los Angeles are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 63.7% of U.S. neighborhoods. In addition, 7.9% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 56.1% of America's neighborhoods.

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the Rampart Village South neighborhood, 41.6% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 26.5% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (21.1%), and 10.3% in clerical, assistant, and tech support occupations.

Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Rampart Village South neighborhood is Spanish, spoken by 31.0% of households. Other important languages spoken here include Korean, English and Tagalog (the first language of the Philippine region).

Ethnicity / Ancestry

Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.

In the Rampart Village South neighborhood in Los Angeles, CA, residents most commonly identify their ethnicity or ancestry as Asian (44.7%). There are also a number of people of Mexican ancestry (9.5%), and residents who report South American roots (5.9%), and some of the residents are also of Sub-Saharan African ancestry (3.5%), along with some African ancestry residents (3.1%), among others. In addition, 56.2% of the residents of this neighborhood were born in another country.

Getting to Work

Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Rampart Village South neighborhood spend between 45 minutes and one hour commuting one-way to work (28.0% of working residents), longer and tougher than most commutes in America.

Here most residents (57.0%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (17.6%) and 7.7% of residents also hop out the door and walk to work for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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