The Most Affordable Neighborhoods in Terra Nova, Chula Vista, CA by Home Value

 

Terra Nova, Chula Vista, CA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Terra Nova area can be challenging. Home prices in Terra Nova are now at a median cost of $583,856, higher than the Chula Vista average of $410,084.

The average cost of rent is $2,455/mo in Terra Nova, primarily driven by the current value of real estate in the Terra Nova area. While nearly 28.17% of residents own their homes outright in Terra Nova, 33.47% rent.

Housing affordability isn’t just about home prices, though. The average household income in Terra Nova is $8,229 per month. Households that rent pay about 29.83% of their income on rent here. Terra Nova's most expensive areas are in the southern regions, while the cheapest areas are in the northwestern parts of the neighborhood.


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