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 $146,407, lower than the Bakersfield average of $236,158.

The average cost of rent is $950/mo in Homaker Park, primarily driven by the current value of real estate in the Homaker Park area. While nearly 95.82% of residents own their homes outright in Homaker Park, 80.81% rent.

Housing affordability isn’t just about home prices, though. The average household income in Homaker Park is $2,333 per month. Households that rent pay about 40.73% of their income on rent here. Homaker Park's most expensive areas are in the southern regions, while the cheapest areas are in the northwestern parts of the neighborhood.


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