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These days, finding an affordable place to live in the Summerland area can be challenging. Home prices in Summerland are now at a median cost of $1,753,168, higher than the California average of $812,006.
The average cost of rent is $2,215/mo in Summerland, primarily driven by the current value of real estate in the Summerland area. In Summerland, 34.88% of households rent, and 41.68% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Summerland is $10,077 per month. Households that rent pay about 21.99% of their income on rent here. Summerland’s most expensive areas are in the northeastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Toro Canyon, CA: higher priced homes
- Montecito, CA: higher priced homes
- Carpinteria, CA: less expensive homes
- Santa Barbara, CA: less expensive homes
- Isla Vista, CA: less expensive homes
- Goleta, CA: less expensive homes
- Meiners Oaks, CA: less expensive homes
- Oak View, CA: less expensive homes
- Ellwood, CA: less expensive homes
- Mira Monte, CA: less expensive homes
Cities with Similar Populations
- Hosford, FL: less expensive homes
- Shelbyville, TX: less expensive homes
- Maugansville, MD: less expensive homes
- Massieville, OH: less expensive homes
- Longbranch, WA: less expensive homes
- Lightfoot, VA: less expensive homes
- Accomac, VA: less expensive homes
- Kings Mountain, KY: less expensive homes
- Jerusalem, GA: less expensive homes
- Ipswich, SD: less expensive homes
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