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These days, finding an affordable place to live in the Loma Mar area can be challenging. Home prices in Loma Mar are now at a median cost of $1,161,000, higher than the California average of $812,006.
The average cost of rent is $2,721/mo in Loma Mar, primarily driven by the current value of real estate in the Loma Mar area. In Loma Mar, 21.32% of households rent, and 56.54% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Loma Mar is $13,368 per month. Households that rent pay about 20.35% of their income on rent here. Loma Mar’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Redwood Terrace, CA: equally priced homes
- Pescadero, CA: higher priced homes
- San Gregorio, CA: higher priced homes
- La Honda, CA: less expensive homes
- Sky Londa, CA: higher priced homes
- Portola Valley, CA: higher priced homes
- San Lorenzo Park, CA: less expensive homes
- Forest Springs, CA: less expensive homes
- Los Altos Hills, CA: higher priced homes
- Boulder Creek, CA: less expensive homes
Cities with Similar Populations
- Carlton, PA: less expensive homes
- Chester, UT: less expensive homes
- Chester, ID: less expensive homes
- Cherry Valley, OH: less expensive homes
- Cheek, TX: less expensive homes
- Chalkhill, PA: less expensive homes
- Centerton, OH: less expensive homes
- Cedar Valley, UT: less expensive homes
- Cawker City, KS: less expensive homes
- Cavour, SD: less expensive homes
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