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These days, finding an affordable place to live in the Palomar Mountain area can be challenging. Home prices in Palomar Mountain are now at a median cost of $765,488, lower than the California average of $812,006.
The average cost of rent is $1,238/mo in Palomar Mountain, primarily driven by the current value of real estate in the Palomar Mountain area. In Palomar Mountain, 14.50% of households rent, and 75.82% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Palomar Mountain is $8,497 per month. Households that rent pay about 14.57% of their income on rent here. Palomar Mountain’s most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Pauma Valley, CA: equally priced homes
- Warner Springs, CA: less expensive homes
- Valley Center, CA: equally priced homes
- Pala, CA: equally priced homes
- Santa Ysabel, CA: less expensive homes
- Escondido, CA: equally priced homes
- Wynola, CA: less expensive homes
- Rainbow, CA: higher priced homes
- Bonsall, CA: higher priced homes
- Ranchita, CA: less expensive homes
Cities with Similar Populations
- Rosemont, OH: less expensive homes
- South Attica, NY: less expensive homes
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- Sidney, KY: less expensive homes
- Shopville, KY: less expensive homes
- Sheakleyville, PA: less expensive homes
- Holly Ridge, LA: less expensive homes
- Hollene, NM: less expensive homes
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