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These days, finding an affordable place to live in the Colma area can be challenging. Home prices in Colma are now at a median cost of $1,018,096, higher than the California average of $812,006.
The average cost of rent is $2,041/mo in Colma, primarily driven by the current value of real estate in the Colma area. In Colma, 54.61% of households rent, and 38.59% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Colma is $9,324 per month. Households that rent pay about 21.89% of their income on rent here. Colma’s most expensive areas are in the southeastern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Daly City, CA: higher priced homes
- South San Francisco, CA: higher priced homes
- Brisbane, CA: higher priced homes
- Pacifica, CA: higher priced homes
- San Bruno, CA: higher priced homes
- San Francisco, CA: higher priced homes
- Millbrae Meadows, CA: higher priced homes
- Millbrae, CA: higher priced homes
- Pedro Valley, CA: higher priced homes
- Burlingame, CA: higher priced homes
Cities with Similar Populations
- Woodville, AL: less expensive homes
- Ainsworth, NE: less expensive homes
- Hope, MI: less expensive homes
- Stevinson, CA: less expensive homes
- Stratford, TX: less expensive homes
- Van Horn, TX: less expensive homes
- Dilkon, AZ: less expensive homes
- Darby, MT: less expensive homes
- Cool Ridge, WV: less expensive homes
- Chenoa, IL: less expensive homes
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