The Most Affordable Neighborhoods in Hillcrest-Bakersfield, Bakersfield, CA by Home Value

 

Hillcrest-Bakersfield, Bakersfield, CA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Hillcrest-Bakersfield area can be challenging. Home prices in Hillcrest-Bakersfield are now at a median cost of $266,802, lower than the Bakersfield average of $334,082.

The average cost of rent is $1,397/mo in Hillcrest-Bakersfield, primarily driven by the current value of real estate in the Hillcrest-Bakersfield area. In Hillcrest-Bakersfield, 37.38% of households rent, and 35.52% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Hillcrest-Bakersfield is $4,590 per month. Households that rent pay about 30.45% of their income on rent here. Hillcrest-Bakersfield’s most expensive areas are in the southeastern regions, while the cheapest areas are in the southwestern 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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