
Home Price Key
These days, finding an affordable place to live in the California Hot Springs area can be challenging. Home prices in California Hot Springs are now at a median cost of $310,421, lower than the California average of $648,235.
The average cost of rent is $1,030/mo in California Hot Springs, primarily driven by the current value of real estate in the California Hot Springs area. While nearly 38.56% of residents own their homes outright in California Hot Springs, 11.22% rent.
Housing affordability isn’t just about home prices, though. The average household income in California Hot Springs is $3,592 per month. Households that rent pay about 28.66% of their income on rent here. California Hot Springs's most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the city.
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