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These days, finding an affordable place to live in the Canyon area can be challenging. Home prices in Canyon are now at a median cost of $1,261,553, higher than the California average of $812,006.
The average cost of rent is $3,267/mo in Canyon, primarily driven by the current value of real estate in the Canyon area. In Canyon, 6.97% of households rent, and 37.84% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Canyon is $18,109 per month. Households that rent pay about 18.04% of their income on rent here. Canyon’s most expensive areas are in the northwestern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Moraga, CA: higher priced homes
- Orinda, CA: higher priced homes
- Piedmont, CA: higher priced homes
- Oakland, CA: less expensive homes
- Orinda Village, CA: higher priced homes
- Lafayette, CA: higher priced homes
- Berkeley, CA: equally priced homes
- Emeryville, CA: less expensive homes
- Alameda, CA: equally priced homes
- Castle Hill, CA: higher priced homes
Cities with Similar Populations
- Williamsport, WV: less expensive homes
- Kent, IA: less expensive homes
- Sandy Ridge, PA: less expensive homes
- Santa Fe, FL: less expensive homes
- La Salle, TX: less expensive homes
- La Jose, PA: less expensive homes
- Kunkle, OH: less expensive homes
- Santa Monica, TX: less expensive homes
- Knightens Crossroads, AL: less expensive homes
- Kneeland, CA: less expensive homes
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