The Most Affordable Neighborhoods in Homaker Park, Bakersfield, CA by Home Value

 

Homaker Park, Bakersfield, CA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Homaker Park area can be challenging. Home prices in Homaker Park are now at a median cost of $176,521, lower than the Bakersfield average of $334,082.

The average cost of rent is $1,181/mo in Homaker Park, primarily driven by the current value of real estate in the Homaker Park area. In Homaker Park, 68.73% of households rent, and 72.96% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Homaker Park is $3,103 per month. Households that rent pay about 38.05% of their income on rent here. Homaker Park’s most expensive areas are in the western regions, while the cheapest areas are in the northern 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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