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

 

Terra Vista, Bakersfield, CA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Terra Vista area can be challenging. Home prices in Terra Vista are now at a median cost of $333,439, higher than the Bakersfield average of $236,158.

The average cost of rent is $1,508/mo in Terra Vista, primarily driven by the current value of real estate in the Terra Vista area. While nearly 22.83% of residents own their homes outright in Terra Vista, 28.68% rent.

Housing affordability isn’t just about home prices, though. The average household income in Terra Vista is $7,377 per month. Households that rent pay about 20.44% of their income on rent here. Terra Vista's most expensive areas are in the northeastern regions, while the cheapest areas are in the central parts of the neighborhood.


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