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These days, finding an affordable place to live in the 93516 area can be challenging. Home prices in 93516 are now at a median cost of $147,291, lower than the California average of $812,006.
The average cost of rent is $1,227/mo in 93516, primarily driven by the current value of real estate in the 93516 area. In 93516, 54.67% of households rent, and 63.09% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 93516 is $4,243 per month. Households that rent pay about 28.91% of their income on rent here. 93516’s most expensive areas are in the eastern regions, while the cheapest areas are in the central parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 93523, CA: higher priced homes
- 93524, CA: higher priced homes
- 93505, CA: higher priced homes
- 92347, CA: higher priced homes
- 93501, CA: higher priced homes
- 92398, CA: higher priced homes
- 93561, CA: higher priced homes
- 93252, CA: higher priced homes
- 93268, CA: higher priced homes
- 93254, CA: higher priced homes
Zip Codes with Similar Populations
- 24589, VA: equally priced homes
- 74463, OK: higher priced homes
- 83334, ID: higher priced homes
- 04253, ME: higher priced homes
- 93205, CA: equally priced homes
- 64734, MO: higher priced homes
- 24248, VA: less expensive homes
- 20688, MD: higher priced homes
- 15458, PA: less expensive homes
- 13699, NY: less expensive homes
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