Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Terrace area can be challenging. Home prices in Terrace are now at a median cost of $96,289, lower than the San Bernardino average of $274,573.
The average cost of rent is $1,173/mo in Terrace, primarily driven by the current value of real estate in the Terrace area. While nearly 48.03% of residents own their homes outright in Terrace, 49.28% rent.
Housing affordability isn’t just about home prices, though. The average household income in Terrace is $3,636 per month. Households that rent pay about 32.27% of their income on rent here. Terrace's most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the neighborhood.
Nearby Neighborhoods
- Rancho West, San Bernardino, CA: higher priced homes
- Amtrak, San Bernardino, CA: higher priced homes
- Downtown Rialto, Rialto, CA: higher priced homes
- Alessandro, San Bernardino, CA: higher priced homes
- Shirrells, San Bernardino, CA: higher priced homes
- Mount Vernon, San Bernardino, CA: higher priced homes
- Lytle Creek, San Bernardino, CA: higher priced homes
- La Plaza, San Bernardino, CA: higher priced homes
- Delman, San Bernardino, CA: higher priced homes
- Feldheym, San Bernardino, CA: higher priced homes
Neighborhoods with Similar Populations
- Applewood, Lakewood, CO: higher priced homes
- Ashburn Farm, Ashburn, VA: higher priced homes
- Cow Hollow, San Francisco, CA: higher priced homes
- Englewood Park, Orlando, FL: higher priced homes
- Alamo Farmsteads-Babcock Road, San Antonio, TX: higher priced homes
- West Beaverton, Beaverton, OR: higher priced homes
- Twin Lakes, Las Vegas, NV: higher priced homes
- Turtle Rock, Irvine, CA: higher priced homes
- Southwest Bend, Bend, OR: higher priced homes
- Southeastern Hills, Lexington, KY: higher priced homes
All Local Stats
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