Affordable
Expensive
Expensive
Colorblind friendly
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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 $948,487, lower than the Glendale average of $962,856.
The average cost of rent is $2,053/mo in Somerset, primarily driven by the current value of real estate in the Somerset area. In Somerset, 78.47% of households rent, and 35.15% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Somerset is $6,776 per month. Households that rent pay about 30.30% of their income on rent here. Somerset’s most expensive areas are in the eastern regions, while the cheapest areas are in the northeastern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Citrus Grove, Glendale, CA: less expensive homes
- Mariposa, Glendale, CA: less expensive homes
- Adams Hill, Glendale, CA: equally 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: less expensive homes
- Rossmoyne, Glendale, CA: equally priced homes
- Vineyard-Los Angeles, Glendale, CA: less expensive homes
Neighborhoods with Similar Populations
- Arlington Ridge, Arlington, VA: equally priced 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: higher priced homes
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