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These days, finding an affordable place to live in the Santa Clara area can be challenging. Home prices in Santa Clara are now at a median cost of $401,580, higher than the Texas average of $322,096.
The average cost of rent is $1,390/mo in Santa Clara, primarily driven by the current value of real estate in the Santa Clara area. In Santa Clara, 6.99% of households rent, and 50.65% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Santa Clara is $10,302 per month. Households that rent pay about 13.50% of their income on rent here. Santa Clara’s most expensive areas are in the northern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
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Cities with Similar Populations
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