The Most Affordable Neighborhoods in South Bay, Eureka, CA by Home Value

 

South Bay, Eureka, CA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the South Bay area can be challenging. Home prices in South Bay are now at a median cost of $428,691, higher than the Eureka average of $421,328.

The average cost of rent is $1,617/mo in South Bay, primarily driven by the current value of real estate in the South Bay area. In South Bay, 35.65% of households rent, and 50.28% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in South Bay is $6,751 per month. Households that rent pay about 23.95% of their income on rent here. South Bay’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northern parts of the neighborhood.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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