The Most Affordable Neighborhoods in Alhambra, CA by Home Value

 

Alhambra, CA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Alhambra area can be challenging. Home prices in Alhambra are now at a median cost of $651,602, higher than the California average of $648,235.

The average cost of rent is $1,693/mo in Alhambra, primarily driven by the current value of real estate in the Alhambra area. While nearly 40.38% of residents own their homes outright in Alhambra, 59.12% rent.

Housing affordability isn’t just about home prices, though. The average household income in Alhambra is $6,449 per month. Households that rent pay about 26.25% of their income on rent here. Alhambra's most expensive areas are in the northern regions, while the cheapest areas are in the southwestern parts of the city.


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