Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Salinas area can be challenging. Home prices in Salinas are now at a median cost of $507,542, lower than the California average of $648,235.
The average cost of rent is $1,760/mo in Salinas, primarily driven by the current value of real estate in the Salinas area. While nearly 34.22% of residents own their homes outright in Salinas, 48.76% rent.
Housing affordability isn’t just about home prices, though. The average household income in Salinas is $7,344 per month. Households that rent pay about 23.97% of their income on rent here. Salinas's most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- East Garrison, CA: higher priced homes
- Spreckels, CA: higher priced homes
- Prunedale, CA: higher priced homes
- Marina, CA: higher priced homes
- Castroville, CA: equally priced homes
- Chualar, CA: higher priced homes
- Seaside, CA: higher priced homes
- Sand City, CA: equally priced homes
- Del Rey Oaks, CA: higher priced homes
- Carmel Valley Village, CA: higher priced homes
Cities with Similar Populations
- Folsom, CA: higher priced homes
- Fayetteville, GA: less expensive homes
- Fontana, CA: less expensive homes
- Fayetteville, AR: less expensive homes
- Farmington Hills, MI: less expensive homes
- Fishers, IN: less expensive homes
- Flint, MI: less expensive homes
- Detroit, MI: less expensive homes
- Conroe, TX: less expensive homes
- Costa Mesa, CA: higher priced homes
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