Chula Vista, CA

San Diego County ยท Pop. 275,487

Ranked #214 of 243 cities

20Crisis

Median Home Price

๐Ÿ 

$720K

4.5% YoY

Median Rent

๐Ÿ”‘

$2,200

3.5% YoY

Median Income

๐Ÿ’ฐ

$82K

Rent Burden

๐Ÿ“Š

34.0%

% of income to rent

Income to Buy

๐Ÿฆ

$207K

annual income needed

Income to Rent

๐Ÿ“

$88K

annual income needed

Price-to-Income

โš–๏ธ

8.8x

Homeownership

๐Ÿก

58.0%

Rent vs. Buy

Buy

$3,832/mo

Est. mortgage (7%, 20% down)

Need $207K/yr income

Rent

$2,200/mo

Median rent

Need $88K/yr income

How Chula Vista Compares

MetricChula VistaCaliforniaNational
Home Price$720K$726K$410K
Rent$2,200$1,992$1,500
Income$82K$96K$75K
Rent Burden34.0%40.5%30.0%

Key Takeaways

  • โ€ข Home prices in Chula Vista are 76% higher than the national average.
  • โ€ข Rent is 47% higher than the national average.
  • โ€ข You need an income of $207K to comfortably buy a home here.
  • โ€ข The homeownership rate is 58.0%, compared to 65.0% nationally.