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These days, finding an affordable place to live in the Calabasas area can be challenging. Home prices in Calabasas are now at a median cost of $1,584,956, higher than the California average of $812,006.
The average cost of rent is $3,347/mo in Calabasas, primarily driven by the current value of real estate in the Calabasas area. In Calabasas, 29.40% of households rent, and 26.05% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Calabasas is $15,881 per month. Households that rent pay about 21.07% of their income on rent here. Calabasas’s most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Hidden Hills, CA: higher priced homes
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- Agoura Hills, CA: less expensive homes
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Cities with Similar Populations
- East Chicago, IN: less expensive homes
- Belmont, MA: less expensive homes
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- Columbine, CO: less expensive homes
- Cortland, NY: less expensive homes
- Dana Point, CA: less expensive homes
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