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These days, finding an affordable place to live in the San Simeon area can be challenging. Home prices in San Simeon are now at a median cost of $938,201, higher than the California average of $812,006.
The average cost of rent is $1,330/mo in San Simeon, primarily driven by the current value of real estate in the San Simeon area. In San Simeon, 40.49% of households rent, and 52.71% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in San Simeon is $6,843 per month. Households that rent pay about 19.43% of their income on rent here. San Simeon’s most expensive areas are in the southeastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Cambria, CA: equally priced homes
- Harmony, CA: equally priced homes
- Bradley, CA: less expensive homes
- Klau, CA: higher priced homes
- Paso Robles, CA: less expensive homes
- Wellsona, CA: equally priced homes
- Templeton, CA: equally priced homes
- El Paso de Robles, CA: less expensive homes
- San Miguel, CA: less expensive homes
- San Lawrence Terrace, CA: less expensive homes
Cities with Similar Populations
- Terlingua, TX: less expensive homes
- Delong, IN: less expensive homes
- Delphi, OH: less expensive homes
- Delphos, KS: less expensive homes
- Denham, MS: less expensive homes
- Tar River, NC: less expensive homes
- Taylor, MO: less expensive homes
- Teanaway, WA: less expensive homes
- Tenstrike, MN: less expensive homes
- Day, MN: less expensive homes
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