Affordable
Expensive
Expensive
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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 $827,345, higher than the Newhall average of $765,750.
The average cost of rent is $2,639/mo in Valencia, primarily driven by the current value of real estate in the Valencia area. In Valencia, 14.74% of households rent, and 26.89% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Valencia is $13,863 per month. Households that rent pay about 19.04% of their income on rent here. Valencia’s most expensive areas are in the southeastern regions, while the cheapest areas are in the central parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
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- Arleta, Pacoima, CA: less expensive homes
- Lakeview Terrace, Sylmar, CA: equally priced homes
- Lake Balboa, Van Nuys, CA: less expensive homes
- Shadow Hills, Sunland, CA: higher priced homes
- Greek Track, Simi Valley, CA: less expensive homes
- Garnsey, Valley Village, CA: higher priced homes
- Beverly Glen, Studio City, CA: higher priced homes
- Toluca Lake, North Hollywood, CA: higher priced homes
- Crescenta Highlands, La Crescenta, CA: higher priced homes
Neighborhoods with Similar Populations
- Ballast Point, Tampa, FL: less expensive homes
- Woodstone, San Antonio, TX: less expensive homes
- Woodlake, San Antonio, TX: less expensive homes
- Wildhorse, San Antonio, TX: less expensive homes
- West Mesa, Albuquerque, NM: less expensive homes
- West End Theatre District, Allentown, PA: less expensive homes
- Weber, Iowa City, IA: less expensive homes
- Del Norte, Albuquerque, NM: less expensive homes
- Del Cerro, San Diego, CA: higher priced homes
- Congdon Park, Duluth, MN: less expensive homes
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