The Most Affordable Neighborhoods in Magalia, CA by Home Value

These days, finding an affordable place to live in the Magalia area can be challenging. Home prices in Magalia are now at a median cost of $283,721, lower than the California average of $812,006.

The average cost of rent is $1,420/mo in Magalia, primarily driven by the current value of real estate in the Magalia area. In Magalia, 16.13% of households rent, and 39.35% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Magalia is $5,899 per month. Households that rent pay about 24.07% of their income on rent here. Magalia’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northern parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.

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