Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the Bay Farm Island area can be challenging. Home prices in Bay Farm Island are now at a median cost of $1,242,702, lower than the Alameda average of $1,250,820.
The average cost of rent is $3,501/mo in Bay Farm Island, primarily driven by the current value of real estate in the Bay Farm Island area. In Bay Farm Island, 11.35% of households rent, and 29.87% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Bay Farm Island is $15,066 per month. Households that rent pay about 23.24% of their income on rent here. Bay Farm Island’s most expensive areas are in the northern regions, while the cheapest areas are in the central parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- East End, Alameda, CA: higher priced homes
- South Shore, Alameda, CA: less expensive homes
- Fernside, Alameda, CA: higher priced homes
- Gold Coast, Alameda, CA: equally priced homes
- Jingletown, Oakland, CA: less expensive homes
- West End, Alameda, CA: equally priced homes
- Coliseum, Oakland, CA: less expensive homes
- Melrose, Oakland, CA: less expensive homes
- Fruitvale Station, Oakland, CA: less expensive homes
- Brookfield Village, Oakland, CA: less expensive homes
Neighborhoods with Similar Populations
- Lakeside, San Antonio, TX: less expensive homes
- Desert Hills, Las Vegas, NV: less expensive homes
- Hatchville, East Falmouth, MA: less expensive homes
- Donelson, Nashville, TN: less expensive homes
- Midway-Coldstream, Baltimore, MD: less expensive homes
- City Hall Monument District, New Britain, CT: less expensive homes
- Northeast Durham, Durham, NC: less expensive homes
- Mustang-Padre Island, Corpus Christi, TX: less expensive homes
- Downtown Walnut Creek, Walnut Creek, CA: less expensive homes
- Merriman Valley, Akron, OH: less expensive homes
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