The Most Affordable Neighborhoods in Mexican Colony, CA by Home Value

 

Mexican Colony, CA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Mexican Colony area can be challenging. Home prices in Mexican Colony are now at a median cost of $404,692, lower than the California average of $812,006.

The average cost of rent is $1,281/mo in Mexican Colony, primarily driven by the current value of real estate in the Mexican Colony area. In Mexican Colony, 41.34% of households rent, and 42.28% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Mexican Colony is $7,577 per month. Households that rent pay about 16.91% of their income on rent here. Mexican Colony’s most expensive areas are in the central 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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