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These days, finding an affordable place to live in the Colonial Village area can be challenging. Home prices in Colonial Village are now at a median cost of $364,411, lower than the Sacramento average of $598,265.
The average cost of rent is $1,660/mo in Colonial Village, primarily driven by the current value of real estate in the Colonial Village area. In Colonial Village, 45.86% of households rent, and 30.27% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Colonial Village is $7,518 per month. Households that rent pay about 22.08% of their income on rent here. Colonial Village’s most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Colonial Manor, Sacramento, CA: equally priced homes
- Avondale, Sacramento, CA: equally priced homes
- Fruitridge Manor, Sacramento, CA: equally priced homes
- Tahoe Park, Sacramento, CA: higher priced homes
- Glen Elder, Sacramento, CA: equally priced homes
- Colonial Heights, Sacramento, CA: higher priced homes
- Lawrence Park, Sacramento, CA: equally priced homes
- College Glen, Sacramento, CA: higher priced homes
- Csus, Sacramento, CA: higher priced homes
- South Oak Park, Sacramento, CA: equally priced homes
Neighborhoods with Similar Populations
- West Leominster, Leominster, MA: equally priced homes
- Eastside Santa Barbara, Santa Barbara, CA: higher priced homes
- East Columbus, Columbus, IN: less expensive homes
- Southwest Saginaw, Saginaw, MI: less expensive homes
- Charleston Historic District, Charleston, SC: higher priced homes
- Downtown Warren, Warren, PA: less expensive homes
- Wedgewood, Tucker, GA: less expensive homes
- West Gate, Sudley, VA: higher priced homes
- Cooper, Tulsa, OK: less expensive homes
- Bedford Hills, Lynchburg, VA: equally priced homes
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