The Most Affordable Neighborhoods in Castle Ranch, Bakersfield, CA by Home Value

 

Castle Ranch, Bakersfield, CA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Castle Ranch area can be challenging. Home prices in Castle Ranch are now at a median cost of $271,648, higher than the Bakersfield average of $236,158.

The average cost of rent is $1,533/mo in Castle Ranch, primarily driven by the current value of real estate in the Castle Ranch area. While nearly 18.72% of residents own their homes outright in Castle Ranch, 23.82% rent.

Housing affordability isn’t just about home prices, though. The average household income in Castle Ranch is $8,640 per month. Households that rent pay about 17.74% of their income on rent here. Castle Ranch's most expensive areas are in the northwestern regions, while the cheapest areas are in the northern parts of the neighborhood.


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