
Home Price Key
These days, finding an affordable place to live in the Ballico area can be challenging. Home prices in Ballico are now at a median cost of $586,351, lower than the California average of $648,235.
The average cost of rent is $1,133/mo in Ballico, primarily driven by the current value of real estate in the Ballico area. While nearly 35.32% of residents own their homes outright in Ballico, 48.15% rent.
Housing affordability isn’t just about home prices, though. The average household income in Ballico is $5,752 per month. Households that rent pay about 19.69% of their income on rent here. Ballico's most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the city.
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