The Most Affordable Neighborhoods in Mission Viejo, CA by Home Value

 

Mission Viejo, CA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Mission Viejo area can be challenging. Home prices in Mission Viejo are now at a median cost of $767,951, higher than the California average of $648,235.

The average cost of rent is $2,798/mo in Mission Viejo, primarily driven by the current value of real estate in the Mission Viejo area. While nearly 23.33% of residents own their homes outright in Mission Viejo, 18.28% rent.

Housing affordability isn’t just about home prices, though. The average household income in Mission Viejo is $11,324 per month. Households that rent pay about 24.71% of their income on rent here. Mission Viejo's most expensive areas are in the western regions, while the cheapest areas are in the northwestern parts of the city.


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