The Most Affordable Neighborhoods in 96040, CA by Home Value

 

96040, CA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the 96040 area can be challenging. Home prices in 96040 are now at a median cost of $268,027, lower than the California average of $648,235.

The average cost of rent is $950/mo in 96040, primarily driven by the current value of real estate in the 96040 area. While nearly 47.46% of residents own their homes outright in 96040, 18.73% rent.

Housing affordability isn’t just about home prices, though. The average household income in 96040 is $6,835 per month. Households that rent pay about 13.90% of their income on rent here. 96040's most expensive areas are in the northern regions, while the cheapest areas are in the eastern parts of the zip.


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