Anaheim, CA

Orange County ยท Pop. 348,936

Ranked #218 of 243 cities

18Crisis

Median Home Price

๐Ÿ 

$850K

4.0% YoY

Median Rent

๐Ÿ”‘

$2,300

3.5% YoY

Median Income

๐Ÿ’ฐ

$80K

Rent Burden

๐Ÿ“Š

35.5%

% of income to rent

Income to Buy

๐Ÿฆ

$244K

annual income needed

Income to Rent

๐Ÿ“

$92K

annual income needed

Price-to-Income

โš–๏ธ

10.6x

Homeownership

๐Ÿก

48.0%

Rent vs. Buy

Buy

$4,524/mo

Est. mortgage (7%, 20% down)

Need $244K/yr income

Rent

$2,300/mo

Median rent

Need $92K/yr income

How Anaheim Compares

MetricAnaheimCaliforniaNational
Home Price$850K$726K$410K
Rent$2,300$1,992$1,500
Income$80K$96K$75K
Rent Burden35.5%40.5%30.0%

Key Takeaways

  • โ€ข Home prices in Anaheim are 107% higher than the national average.
  • โ€ข Rent is 53% higher than the national average.
  • โ€ข You need an income of $244K to comfortably buy a home here.
  • โ€ข The homeownership rate is 48.0%, compared to 65.0% nationally.