The Most Affordable Neighborhoods in Mills Estates, Burlingame, CA by Home Value

 

Mills Estates, Burlingame, CA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Mills Estates area can be challenging. Home prices in Mills Estates are now at a median cost of $1,999,512, higher than the Burlingame average of $1,914,907.

The average cost of rent is $2,613/mo in Mills Estates, primarily driven by the current value of real estate in the Mills Estates area. In Mills Estates, 50.94% of households rent, and 19.91% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Mills Estates is $13,224 per month. Households that rent pay about 19.76% of their income on rent here. Mills Estates’s most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the neighborhood.

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


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