Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Rancho Santa Margarita area can be challenging. Home prices in Rancho Santa Margarita are now at a median cost of $689,104, higher than the California average of $648,235.
The average cost of rent is $2,579/mo in Rancho Santa Margarita, primarily driven by the current value of real estate in the Rancho Santa Margarita area. While nearly 16.27% of residents own their homes outright in Rancho Santa Margarita, 27.01% rent.
Housing affordability isn’t just about home prices, though. The average household income in Rancho Santa Margarita is $11,835 per month. Households that rent pay about 21.79% of their income on rent here. Rancho Santa Margarita's most expensive areas are in the eastern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Trabuco Canyon, CA: higher priced homes
- Coto de Caza, CA: higher priced homes
- Mission Viejo, CA: higher priced homes
- Lake Forest, CA: equally priced homes
- Foothill Ranch, CA: higher priced homes
- Modjeska, CA: higher priced homes
- Silverado, CA: higher priced homes
- Ladera Ranch, CA: higher priced homes
- Laguna Hills, CA: equally priced homes
- Laguna Woods, CA: less expensive homes
Cities with Similar Populations
- Concord, NH: less expensive homes
- Wausau, WI: less expensive homes
- Frankfort, KY: less expensive homes
- Wauwatosa, WI: less expensive homes
- Upper Arlington, OH: less expensive homes
- Salina, KS: less expensive homes
- Rowland Heights, CA: equally priced homes
- Roseville, MI: less expensive homes
- East Brunswick, NJ: less expensive homes
- Downingtown, PA: less expensive homes
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