Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Somerset area can be challenging. Home prices in Somerset are now at a median cost of $723,182, lower than the Glendale average of $797,603.
The average cost of rent is $1,664/mo in Somerset, primarily driven by the current value of real estate in the Somerset area. While nearly 36.23% of residents own their homes outright in Somerset, 78.02% rent.
Housing affordability isn’t just about home prices, though. The average household income in Somerset is $5,818 per month. Households that rent pay about 28.59% of their income on rent here. Somerset's most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the neighborhood.
Nearby Neighborhoods
- Citrus Grove, Glendale, CA: less expensive homes
- Mariposa, Glendale, CA: less expensive homes
- Adams Hill, Glendale, CA: higher priced homes
- Woodbury-Glendale, Glendale, CA: higher priced homes
- City Center, Glendale, CA: less expensive homes
- Glassell Park, Los Angeles, CA: equally priced homes
- Tropico, Glendale, CA: less expensive homes
- Pacific Edison, Glendale, CA: equally priced homes
- Rossmoyne, Glendale, CA: equally priced homes
- Vineyard-Los Angeles, Glendale, CA: less expensive homes
Neighborhoods with Similar Populations
- Arlington Ridge, Arlington, VA: less expensive homes
- Westowne, Catonsville, MD: less expensive homes
- West Southwest 2, Topeka, KS: less expensive homes
- Washington Heights, Milwaukee, WI: less expensive homes
- Viola, Monsey, NY: higher priced homes
- Vine City, Atlanta, GA: less expensive homes
- Victorian Village, Columbus, OH: less expensive homes
- Verdugo Woodlands, Glendale, CA: higher priced homes
- Valle Lindo, South El Monte, CA: less expensive homes
- Upper West Ridge, Woodinville, WA: equally priced homes
All Local Stats
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