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These days, finding an affordable place to live in the Loma Rica area can be challenging. Home prices in Loma Rica are now at a median cost of $532,802, lower than the California average of $812,006.
The average cost of rent is $1,656/mo in Loma Rica, primarily driven by the current value of real estate in the Loma Rica area. In Loma Rica, 11.01% of households rent, and 37.69% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Loma Rica is $7,151 per month. Households that rent pay about 23.16% of their income on rent here. Loma Rica’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
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