Affordable
Expensive
Expensive
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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 $1,277,300, higher than the California average of $812,006.
The average cost of rent is $2,261/mo in Ellwood, primarily driven by the current value of real estate in the Ellwood area. In Ellwood, 37.50% of households rent, and 37.70% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Ellwood is $9,787 per month. Households that rent pay about 23.10% of their income on rent here. Ellwood’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
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: less expensive 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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