Expensive
Affordable
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These days, finding an affordable place to live in the Olema area can be challenging. Home prices in Olema are now at a median cost of $1,148,400, higher than the California average of $812,006.
The average cost of rent is $1,992/mo in Olema, primarily driven by the current value of real estate in the Olema area. In Olema, 78.13% of households rent, and 22.86% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Olema is $11,080 per month. Households that rent pay about 17.98% of their income on rent here. Olema’s most expensive areas are in the northern 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.
Nearby Cities
- Tocaloma, CA: higher priced homes
- Point Reyes Station, CA: higher priced homes
- Lagunitas, CA: less expensive homes
- Forest Knolls, CA: equally priced homes
- Lagunitas-Forest Knolls, CA: less expensive homes
- Nicasio, CA: higher priced homes
- Inverness, CA: higher priced homes
- San Geronimo, CA: equally priced homes
- Marshall, CA: higher priced homes
- Woodacre, CA: equally priced homes
Cities with Similar Populations
- Palermo, KS: less expensive homes
- Peth, NY: less expensive homes
- Perryville, AL: less expensive homes
- Perry Store, AL: less expensive homes
- Perkins, MO: less expensive homes
- Parkdale, CO: less expensive homes
- Panther, PA: less expensive homes
- Pancake, TX: less expensive homes
- Pamlico, NC: less expensive homes
- Pettus, AR: less expensive homes
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