Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Korbel area can be challenging. Home prices in Korbel are now at a median cost of $492,150, lower than the California average of $648,235.
The average cost of rent is $1,219/mo in Korbel, primarily driven by the current value of real estate in the Korbel area. While nearly 53.03% of residents own their homes outright in Korbel, 31.23% rent.
Housing affordability isn’t just about home prices, though. The average household income in Korbel is $5,586 per month. Households that rent pay about 21.82% of their income on rent here. Korbel's most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
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Cities with Similar Populations
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