Affordable
Expensive
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These days, finding an affordable place to live in the Lower East area can be challenging. Home prices in Lower East are now at a median cost of $1,410,878, lower than the Santa Barbara average of $1,424,553.
The average cost of rent is $2,351/mo in Lower East, primarily driven by the current value of real estate in the Lower East area. In Lower East, 69.99% of households rent, and 38.43% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lower East is $7,950 per month. Households that rent pay about 29.56% of their income on rent here. Lower East’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Eastside Santa Barbara, Santa Barbara, CA: less expensive homes
- Waterfront, Santa Barbara, CA: equally priced homes
- Riviera, Santa Barbara, CA: higher priced homes
- Westside-Santa Barbara, Santa Barbara, CA: less expensive homes
- Mesa, Santa Barbara, CA: higher priced homes
- Las Positas, Santa Barbara, CA: higher priced homes
- Upper State, Santa Barbara, CA: equally priced homes
- Sea View Estates, Oxnard, CA: less expensive homes
- Sierra Linda, Oxnard, CA: less expensive homes
- South Bank, Oxnard, CA: less expensive homes
Neighborhoods with Similar Populations
- Questa, Mountain House, CA: less expensive homes
- Mt Ivy, Pomona, NY: less expensive homes
- Western Hills, Beaumont, TX: less expensive homes
- Maple Heights-Lake Desire, Renton, WA: less expensive homes
- Kingsland, Lyndhurst, NJ: less expensive homes
- Arctic, West Warwick, RI: less expensive homes
- Alban Hills, Albuquerque, NM: less expensive homes
- Garden Springs, Lexington, KY: less expensive homes
- Woodside Village, Largo, FL: less expensive homes
- Schenley, Youngstown, OH: less expensive homes
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