Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Ellwood area can be challenging. Home prices in Ellwood are now at a median cost of $950,037, higher than the California average of $648,235.
The average cost of rent is $1,939/mo in Ellwood, primarily driven by the current value of real estate in the Ellwood area. While nearly 26.72% of residents own their homes outright in Ellwood, 33.73% rent.
Housing affordability isn’t just about home prices, though. The average household income in Ellwood is $10,210 per month. Households that rent pay about 18.99% of their income on rent here. Ellwood's most expensive areas are in the eastern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Goleta, CA: less expensive homes
- Isla Vista, CA: less expensive homes
- Santa Barbara, CA: higher priced homes
- Montecito, CA: higher priced homes
- Summerland, CA: higher priced homes
- Toro Canyon, CA: higher priced homes
- Las Cruces, CA: higher priced homes
- Carpinteria, CA: equally priced homes
- Surf, CA: higher priced homes
- Meiners Oaks, CA: higher priced homes
Cities with Similar Populations
- Lenwood, CA: less expensive homes
- Herndon, AR: less expensive homes
- Higgins Lake, MI: less expensive homes
- Highland, VA: less expensive homes
- Hill Point, WI: less expensive homes
- Hubbell, MI: less expensive homes
- Hurtsboro, AL: less expensive homes
- Jonah, TX: less expensive homes
- Juliaetta, ID: less expensive homes
- Hartsfield, GA: less expensive homes
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