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These days, finding an affordable place to live in the East Palo Alto area can be challenging. Home prices in East Palo Alto are now at a median cost of $1,175,618, higher than the California average of $812,006.
The average cost of rent is $2,599/mo in East Palo Alto, primarily driven by the current value of real estate in the East Palo Alto area. In East Palo Alto, 50.76% of households rent, and 39.04% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in East Palo Alto is $9,897 per month. Households that rent pay about 26.26% of their income on rent here. East Palo Alto’s most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Menlo Park, CA: higher priced homes
- Palo Alto, CA: higher priced homes
- Stanford, CA: higher priced homes
- Atherton, CA: higher priced homes
- North Fair Oaks, CA: equally priced homes
- Redwood City, CA: higher priced homes
- Mountain View, CA: higher priced homes
- Los Altos Hills, CA: higher priced homes
- Woodside, CA: higher priced homes
- Portola Valley, CA: higher priced homes
Cities with Similar Populations
- Longwood, FL: less expensive homes
- Scaggsville, MD: less expensive homes
- San Ysidro, CA: less expensive homes
- Salem, NH: less expensive homes
- Ruston, LA: less expensive homes
- Oceanside, NY: less expensive homes
- Oakdale, CA: less expensive homes
- O'Fallon, IL: less expensive homes
- McMinnville, TN: less expensive homes
- Maumee, OH: less expensive homes
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