Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Valencia area can be challenging. Home prices in Valencia are now at a median cost of $711,347, higher than the Newhall average of $607,409.
The average cost of rent is $2,163/mo in Valencia, primarily driven by the current value of real estate in the Valencia area. While nearly 24.27% of residents own their homes outright in Valencia, 26.58% rent.
Housing affordability isn’t just about home prices, though. The average household income in Valencia is $11,165 per month. Households that rent pay about 19.37% of their income on rent here. Valencia's most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the neighborhood.
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Neighborhoods with Similar Populations
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- Del Norte, Albuquerque, NM: less expensive homes
- Del Cerro, San Diego, CA: equally priced homes
- Congdon Park, Duluth, MN: less expensive homes
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