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Affordable
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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 $1,251,567, higher than the California average of $812,006.
The average cost of rent is $2,333/mo in Sierra Madre, primarily driven by the current value of real estate in the Sierra Madre area. In Sierra Madre, 44.17% of households rent, and 32.37% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Sierra Madre is $12,693 per month. Households that rent pay about 18.38% of their income on rent here. Sierra Madre’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- East Pasadena, CA: equally priced homes
- Kinneloa Mesa, CA: higher priced homes
- Arcadia, CA: equally priced homes
- Monrovia, CA: less expensive homes
- Temple City, CA: less expensive homes
- Pasadena, CA: less expensive homes
- San Marino, CA: higher priced homes
- Bradbury, CA: higher priced homes
- San Gabriel, CA: less expensive homes
- Duarte, CA: less expensive homes
Cities with Similar Populations
- Fort Madison, IA: less expensive homes
- Steger, IL: less expensive homes
- Greentree, NJ: less expensive homes
- Glendale, WI: less expensive homes
- Freeland, MI: less expensive homes
- Franklin Lakes, NJ: equally priced homes
- Foxboro, MA: less expensive homes
- Fort Sill, OK: less expensive homes
- Fort Scott, KS: less expensive homes
- Fort Oglethorpe, GA: less expensive homes
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