Affordable
Expensive
Expensive
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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 $1,213,803, lower than the San Jose average of $1,379,791.
The average cost of rent is $3,003/mo in Santa Teresa, primarily driven by the current value of real estate in the Santa Teresa area. In Santa Teresa, 33.78% of households rent, and 27.05% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Santa Teresa is $14,114 per month. Households that rent pay about 21.27% of their income on rent here. Santa Teresa’s most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Blossom Valley, San Jose, CA: equally priced homes
- Edenvale-Seven Trees, San Jose, CA: less expensive homes
- Almaden Valley, San Jose, CA: higher priced homes
- Garden-Villa Montery, San Jose, CA: less expensive homes
- Evergreen, San Jose, CA: higher priced homes
- Cambrian Park, San Jose, CA: higher priced homes
- Alma, San Jose, CA: less expensive homes
- East San Jose, San Jose, CA: less expensive homes
- Willow Glen, San Jose, CA: higher priced homes
- Naglee Park, San Jose, CA: equally priced homes
Neighborhoods with Similar Populations
- Mid City West, Los Angeles, CA: higher priced homes
- Southwestern Denver, Denver, CO: less expensive homes
- Roxbury, Boston, MA: less expensive homes
- Rancho Penasquitos, San Diego, CA: equally priced homes
- Ozone Park, Queens, NY: less expensive homes
- Oxford Circle, Philadelphia, PA: less expensive homes
- Otay Ranch, Chula Vista, CA: less expensive homes
- Near Northwest, Houston, TX: less expensive homes
- Midtown-Memphis, Memphis, TN: less expensive homes
- Sunnyside, Queens, NY: less expensive homes
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