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These days, finding an affordable place to live in the Northridge area can be challenging. Home prices in Northridge are now at a median cost of $1,032,881, higher than the California average of $812,006.
The average cost of rent is $2,733/mo in Northridge, primarily driven by the current value of real estate in the Northridge area. In Northridge, 43.16% of households rent, and 32.02% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Northridge is $10,442 per month. Households that rent pay about 26.17% of their income on rent here. Northridge’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Granada Hills, CA: equally priced homes
- Chatsworth, CA: less expensive homes
- Reseda, CA: less expensive homes
- Winnetka, CA: less expensive homes
- North Hills, CA: less expensive homes
- Mission Hills, CA: less expensive homes
- Canoga Park, CA: less expensive homes
- Tarzana, CA: higher priced homes
- Van Nuys, CA: less expensive homes
- Panorama City, CA: less expensive homes
Cities with Similar Populations
- Pompano Beach, FL: less expensive homes
- Pasadena, CA: equally priced homes
- Parker, CO: less expensive homes
- Palm Coast, FL: less expensive homes
- Orem, UT: less expensive homes
- Overland Park, KS: less expensive homes
- Paterson, NJ: less expensive homes
- Ontario, CA: less expensive homes
- Oxnard, CA: less expensive homes
- Oshkosh, WI: less expensive homes
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