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These days, finding an affordable place to live in the Granada Hills area can be challenging. Home prices in Granada Hills are now at a median cost of $944,158, higher than the California average of $812,006.
The average cost of rent is $2,768/mo in Granada Hills, primarily driven by the current value of real estate in the Granada Hills area. In Granada Hills, 26.78% of households rent, and 28.10% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Granada Hills is $10,992 per month. Households that rent pay about 25.19% of their income on rent here. Granada Hills’s most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Mission Hills, CA: less expensive homes
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- Panorama City, CA: less expensive homes
- Reseda, CA: less expensive homes
- Chatsworth, CA: equally priced homes
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Cities with Similar Populations
- Bel Air South, MD: less expensive homes
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- Florin, CA: less expensive homes
- Florence, KY: less expensive homes
- Antelope, CA: less expensive homes
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