The Most Affordable Neighborhoods in Emerald Estates, Bakersfield, CA by Home Value

 

Emerald Estates, Bakersfield, CA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Emerald Estates area can be challenging. Home prices in Emerald Estates are now at a median cost of $417,136, higher than the Bakersfield average of $334,082.

The average cost of rent is $2,163/mo in Emerald Estates, primarily driven by the current value of real estate in the Emerald Estates area. In Emerald Estates, 24.50% of households rent, and 19.50% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Emerald Estates is $9,476 per month. Households that rent pay about 22.83% of their income on rent here. Emerald Estates’s most expensive areas are in the southwestern regions, while the cheapest areas are in the central parts of the neighborhood.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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