Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the Bay Terraces area can be challenging. Home prices in Bay Terraces are now at a median cost of $628,584, lower than the San Diego average of $880,130.
The average cost of rent is $2,254/mo in Bay Terraces, primarily driven by the current value of real estate in the Bay Terraces area. In Bay Terraces, 36.16% of households rent, and 31.45% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Bay Terraces is $8,728 per month. Households that rent pay about 25.83% of their income on rent here. Bay Terraces’s most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Sky Line, San Diego, CA: equally priced homes
- Jomacha-Lomita, San Diego, CA: equally priced homes
- Paradise Hills, San Diego, CA: equally priced homes
- Alta Vista, San Diego, CA: equally priced homes
- Encanto, San Diego, CA: equally priced homes
- Valencia Park, San Diego, CA: equally priced homes
- Emerald Hills, San Diego, CA: equally priced homes
- Lincoln Park, San Diego, CA: less expensive homes
- Bonita Long Canyon, Bonita, CA: higher priced homes
- Rancho del Rey, Chula Vista, CA: higher priced homes
Neighborhoods with Similar Populations
- Arverne, Queens, NY: equally priced homes
- Western Branch North, Chesapeake, VA: less expensive homes
- East Bloomington, Bloomington, MN: less expensive homes
- Camp Pendleton South, Oceanside, CA: higher priced homes
- Gold Coast, Chicago, IL: less expensive homes
- Palos Verdes Peninsula, Torrance, CA: higher priced homes
- Rosedale, Bakersfield, CA: equally priced homes
- Hunts Point, Bronx, NY: less expensive homes
- Kensington, Philadelphia, PA: less expensive homes
- Seminary Hill, Alexandria, VA: equally priced homes
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