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These days, finding an affordable place to live in the Sherman Heights area can be challenging. Home prices in Sherman Heights are now at a median cost of $825,125, lower than the San Diego average of $880,130.
The average cost of rent is $1,363/mo in Sherman Heights, primarily driven by the current value of real estate in the Sherman Heights area. In Sherman Heights, 80.64% of households rent, and 35.84% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Sherman Heights is $4,598 per month. Households that rent pay about 29.65% of their income on rent here. Sherman Heights’s most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- East Village, San Diego, CA: less expensive homes
- Core, San Diego, CA: less expensive homes
- Grant Hill, San Diego, CA: less expensive homes
- Balboa Park, San Diego, CA: higher priced homes
- Marina, San Diego, CA: higher priced homes
- Cortez Hill, San Diego, CA: equally priced homes
- Bario Logan, San Diego, CA: less expensive homes
- Columbia San Diego, San Diego, CA: higher priced homes
- Little Italy, San Diego, CA: equally priced homes
- Park West, San Diego, CA: equally priced homes
Neighborhoods with Similar Populations
- Downtown Walnut Creek, Walnut Creek, CA: equally priced homes
- Sorrento Valley, San Diego, CA: higher priced homes
- Lindenwood Park, St. Louis, MO: less expensive homes
- Turner, Kansas City, KS: less expensive homes
- Jewell Heights-Hoffman Heights, Aurora, CO: less expensive homes
- Hatchville, East Falmouth, MA: less expensive homes
- Federal Hill Historic District, Bristol, CT: less expensive homes
- Duboce Triangle, San Francisco, CA: higher priced homes
- Downtown, Washington, DC: less expensive homes
- Downtown Hampton, Hampton, VA: less expensive homes
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