The Most Affordable Neighborhoods in Spectrum, Irvine, CA by Home Value

 

Spectrum, Irvine, CA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Spectrum area can be challenging. Home prices in Spectrum are now at a median cost of $976,718, higher than the Irvine average of $943,995.

The average cost of rent is $2,975/mo in Spectrum, primarily driven by the current value of real estate in the Spectrum area. While nearly 32.98% of residents own their homes outright in Spectrum, 50.47% rent.

Housing affordability isn’t just about home prices, though. The average household income in Spectrum is $11,202 per month. Households that rent pay about 26.56% of their income on rent here. Spectrum's most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the neighborhood.


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