The Most Affordable Neighborhoods in Santa Teresa, San Jose, CA by Home Value

 

Santa Teresa, San Jose, CA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Santa Teresa area can be challenging. Home prices in Santa Teresa are now at a median cost of $910,716, lower than the San Jose average of $1,154,185.

The average cost of rent is $2,860/mo in Santa Teresa, primarily driven by the current value of real estate in the Santa Teresa area. While nearly 26.56% of residents own their homes outright in Santa Teresa, 32.42% rent.

Housing affordability isn’t just about home prices, though. The average household income in Santa Teresa is $12,211 per month. Households that rent pay about 23.42% of their income on rent here. Santa Teresa's most expensive areas are in the southern regions, while the cheapest areas are in the northwestern parts of the neighborhood.


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