Santa Clarita, CA

Los Angeles County ยท Pop. 228,673

Ranked #215 of 243 cities

20Crisis

Median Home Price

๐Ÿ 

$720K

4.0% YoY

Median Rent

๐Ÿ”‘

$2,300

3.0% YoY

Median Income

๐Ÿ’ฐ

$95K

Rent Burden

๐Ÿ“Š

31.0%

% of income to rent

Income to Buy

๐Ÿฆ

$207K

annual income needed

Income to Rent

๐Ÿ“

$92K

annual income needed

Price-to-Income

โš–๏ธ

7.6x

Homeownership

๐Ÿก

68.0%

Rent vs. Buy

Buy

$3,832/mo

Est. mortgage (7%, 20% down)

Need $207K/yr income

Rent

$2,300/mo

Median rent

Need $92K/yr income

How Santa Clarita Compares

MetricSanta ClaritaCaliforniaNational
Home Price$720K$726K$410K
Rent$2,300$1,992$1,500
Income$95K$96K$75K
Rent Burden31.0%40.5%30.0%

Key Takeaways

  • โ€ข Home prices in Santa Clarita are 76% higher than the national average.
  • โ€ข Rent is 53% 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 68.0%, compared to 65.0% nationally.