The Most Affordable Neighborhoods in Palomar Mountain, CA by Home Value

 

Palomar Mountain, CA Map of Most Affordable Neighborhoods
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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.


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