The Most Affordable Neighborhoods in Sierra Madre, CA by Home Value

 

Sierra Madre, CA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Sierra Madre area can be challenging. Home prices in Sierra Madre are now at a median cost of $1,071,990, higher than the California average of $648,235.

The average cost of rent is $1,849/mo in Sierra Madre, primarily driven by the current value of real estate in the Sierra Madre area. While nearly 33.80% of residents own their homes outright in Sierra Madre, 38.21% rent.

Housing affordability isn’t just about home prices, though. The average household income in Sierra Madre is $9,817 per month. Households that rent pay about 18.84% of their income on rent here. Sierra Madre's most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the city.


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