Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Santa Barbara area can be challenging. Home prices in Santa Barbara are now at a median cost of $1,120,783, higher than the California average of $648,235.
The average cost of rent is $2,370/mo in Santa Barbara, primarily driven by the current value of real estate in the Santa Barbara area. While nearly 37.42% of residents own their homes outright in Santa Barbara, 46.13% rent.
Housing affordability isn’t just about home prices, though. The average household income in Santa Barbara is $9,731 per month. Households that rent pay about 24.36% of their income on rent here. Santa Barbara's most expensive areas are in the western regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Montecito, CA: higher priced homes
- Isla Vista, CA: less expensive homes
- Goleta, CA: less expensive homes
- Summerland, CA: higher priced homes
- Ellwood, CA: less expensive homes
- Toro Canyon, CA: higher priced homes
- Carpinteria, CA: less expensive homes
- Meiners Oaks, CA: higher priced homes
- Oak View, CA: less expensive homes
- Mira Monte, CA: less expensive homes
Cities with Similar Populations
- Baton Rouge, LA: less expensive homes
- Baytown, TX: less expensive homes
- Atascocita, TX: less expensive homes
- Auburn, AL: less expensive homes
- Aurora, CO: less expensive homes
- Alhambra, CA: less expensive homes
- Apple Valley, CA: less expensive homes
- Anchorage, AK: less expensive homes
- Antioch, CA: less expensive homes
- Bayamon, PR: less expensive homes
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