The Most Affordable Neighborhoods in Ridgeview Estates, Bakersfield, CA by Home Value

 

Ridgeview Estates, Bakersfield, CA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Ridgeview Estates area can be challenging. Home prices in Ridgeview Estates are now at a median cost of $277,948, lower than the Bakersfield average of $334,082.

The average cost of rent is $1,799/mo in Ridgeview Estates, primarily driven by the current value of real estate in the Ridgeview Estates area. In Ridgeview Estates, 41.49% of households rent, and 19.24% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Ridgeview Estates is $5,788 per month. Households that rent pay about 31.09% of their income on rent here. Ridgeview Estates’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northwestern parts of the neighborhood.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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