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These days, finding an affordable place to live in the California area can be challenging. Home prices in California are now at a median cost of $84,978, lower than the Louisville average of $270,137.
The average cost of rent is $900/mo in California, primarily driven by the current value of real estate in the California area. In California, 61.10% of households rent, and 43.19% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in California is $2,933 per month. Households that rent pay about 30.68% of their income on rent here. California’s most expensive areas are in the western regions, while the cheapest areas are in the northern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Park Hill, Louisville, KY: higher priced homes
- Russell, Louisville, KY: higher priced homes
- Parkland, Louisville, KY: higher priced homes
- Algonquin, Louisville, KY: higher priced homes
- Park Duvalle, Louisville, KY: higher priced homes
- Old Louisville, Louisville, KY: higher priced homes
- Central Business District, Louisville, KY: higher priced homes
- Portland, Louisville, KY: less expensive homes
- Chickasaw, Louisville, KY: higher priced homes
- Shawnee, Louisville, KY: higher priced homes
Neighborhoods with Similar Populations
- Downtown Kent, Kent, OH: higher priced homes
- Govalle, Austin, TX: higher priced homes
- Terrace Hills, Mobile, AL: higher priced homes
- The Canal on Preston, Plano, TX: higher priced homes
- Urbanizacion Atlantic View, San Juan, PR: higher priced homes
- Urbanizacion Las Vegas, Catano, PR: higher priced homes
- Villa del Carmen, Ponce, PR: higher priced homes
- Wake Forest University, Winston-Salem, NC: higher priced homes
- Downtown Thousand Oaks, Thousand Oaks, CA: higher priced homes
- Houghton, Kirkland, WA: higher priced homes
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