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Affordable
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These days, finding an affordable place to live in the Half Moon Bay area can be challenging. Home prices in Half Moon Bay are now at a median cost of $1,532,887, higher than the California average of $812,006.
The average cost of rent is $2,491/mo in Half Moon Bay, primarily driven by the current value of real estate in the Half Moon Bay area. In Half Moon Bay, 25.33% of households rent, and 39.76% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Half Moon Bay is $13,940 per month. Households that rent pay about 17.87% of their income on rent here. Half Moon Bay’s most expensive areas are in the southeastern 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
- Miramar, CA: less expensive homes
- El Granada, CA: equally priced homes
- Moss Beach, CA: less expensive homes
- Montara, CA: equally priced homes
- Highlands-Baywood Park, CA: higher priced homes
- Hillsborough, CA: higher priced homes
- Pedro Valley, CA: equally priced homes
- Belmont, CA: higher priced homes
- Burlingame, CA: higher priced homes
- Millbrae Meadows, CA: less expensive homes
Cities with Similar Populations
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- Windsor Locks, CT: less expensive homes
- Winnetka, IL: less expensive homes
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