The Most Affordable Neighborhoods in Emerald Lake Hills, Redwood City, CA by Home Value

 

Emerald Lake Hills, Redwood City, CA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Emerald Lake Hills area can be challenging. Home prices in Emerald Lake Hills are now at a median cost of $1,993,645, higher than the Redwood City average of $1,415,215.

The average cost of rent is $2,582/mo in Emerald Lake Hills, primarily driven by the current value of real estate in the Emerald Lake Hills area. While nearly 27.17% of residents own their homes outright in Emerald Lake Hills, 10.28% rent.

Housing affordability isn’t just about home prices, though. The average household income in Emerald Lake Hills is $19,571 per month. Households that rent pay about 13.19% of their income on rent here. Emerald Lake Hills's most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the neighborhood.


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