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These days, finding an affordable place to live in the 96116 area can be challenging. Home prices in 96116 are now at a median cost of $275,258, lower than the California average of $812,006.
The average cost of rent is $1,069/mo in 96116, primarily driven by the current value of real estate in the 96116 area. In 96116, 30.74% of households rent, and 51.65% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 96116 is $5,547 per month. Households that rent pay about 19.28% of their income on rent here. 96116’s most expensive areas are in the central regions, while the cheapest areas are in the southeastern 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
- 96110, CA: less expensive homes
- 96006, CA: less expensive homes
- 96009, CA: less expensive homes
- 96054, CA: less expensive homes
- 96068, CA: less expensive homes
- 96057, CA: higher priced homes
- 96025, CA: equally priced homes
- 96017, CA: higher priced homes
- 96067, CA: higher priced homes
- 96014, CA: equally priced homes
Zip Codes with Similar Populations
- 06264, CT: equally priced homes
- 08248, NJ: higher priced homes
- 67635, KS: less expensive homes
- 70375, LA: less expensive homes
- 69027, NE: less expensive homes
- 68952, NE: less expensive homes
- 68861, NE: higher priced homes
- 68816, NE: less expensive homes
- 68655, NE: less expensive homes
- 68458, NE: less expensive homes
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