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These days, finding an affordable place to live in the Downtown Salinas area can be challenging. Home prices in Downtown Salinas are now at a median cost of $546,783, lower than the Salinas average of $654,245.
The average cost of rent is $1,456/mo in Downtown Salinas, primarily driven by the current value of real estate in the Downtown Salinas area. In Downtown Salinas, 69.37% of households rent, and 56.28% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Downtown Salinas is $4,360 per month. Households that rent pay about 33.39% of their income on rent here. Downtown Salinas’s most expensive areas are in the eastern 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
- Live Oak, Santa Cruz, CA: higher priced homes
- Central Santa Cruz, Santa Cruz, CA: higher priced homes
- Westside, Santa Cruz, CA: higher priced homes
- West, Fresno, CA: less expensive homes
- Bullard, Fresno, CA: less expensive homes
- Fresno-High, Fresno, CA: less expensive homes
- Edison, Fresno, CA: less expensive homes
- Central, Fresno, CA: less expensive homes
- Hoover, Fresno, CA: less expensive homes
- Woodward Park, Fresno, CA: equally priced homes
Neighborhoods with Similar Populations
- Woburn Street Historic District, Reading, MA: higher priced homes
- Sierra Montana, Surprise, AZ: less expensive homes
- Armatage, Minneapolis, MN: less expensive homes
- Gashland, Kansas City, MO: less expensive homes
- Baden, St. Louis, MO: less expensive homes
- Bailey, East Lansing, MI: less expensive homes
- Bayside West, Tampa, FL: less expensive homes
- Boal, Chula Vista, CA: less expensive homes
- Bryte, West Sacramento, CA: less expensive homes
- Pheasant Run, Aurora, CO: less expensive homes
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