Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the Lower Peters Canyon area can be challenging. Home prices in Lower Peters Canyon are now at a median cost of $1,494,881, higher than the Irvine average of $1,237,485.
The average cost of rent is $3,290/mo in Lower Peters Canyon, primarily driven by the current value of real estate in the Lower Peters Canyon area. In Lower Peters Canyon, 58.27% of households rent, and 30.69% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lower Peters Canyon is $15,989 per month. Households that rent pay about 20.58% of their income on rent here. Lower Peters Canyon’s most expensive areas are in the eastern regions, while the cheapest areas are in the western parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Northwood Point, Irvine, CA: equally priced homes
- Northwood, Irvine, CA: less expensive homes
- Orchard Hills, Irvine, CA: higher priced homes
- Walnut Village, Irvine, CA: less expensive homes
- El Camino Real, Irvine, CA: less expensive homes
- Woodbury, Irvine, CA: less expensive homes
- Spectrum, Irvine, CA: less expensive homes
- West Park, Irvine, CA: less expensive homes
- Woodbridge, Irvine, CA: less expensive homes
- Lyon Street, Santa Ana, CA: less expensive homes
Neighborhoods with Similar Populations
- Tierrasanta, San Diego, CA: less expensive homes
- Lents, Portland, OR: less expensive homes
- Liliha-Kapalama, Honolulu, HI: less expensive homes
- Loma Portal, San Diego, CA: less expensive homes
- Lower West Side, Chicago, IL: less expensive homes
- Northeast Dallas, Carrollton, TX: less expensive homes
- Southeast Boulder, Boulder, CO: less expensive homes
- Southeast, Canal Winchester, OH: less expensive homes
- Southwest Raleigh, Raleigh, NC: less expensive homes
- Springlake-University Terrace, Shreveport, LA: less expensive homes
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