Santa Clarita, CA
Los Angeles County ยท Pop. 228,673
Ranked #215 of 243 cities
20Crisis
Median Home Price
๐$720K
4.0% YoY
Median Rent
๐$2,300
3.0% YoY
Median Income
๐ฐ$95K
Rent Burden
๐31.0%
% of income to rent
Income to Buy
๐ฆ$207K
annual income needed
Income to Rent
๐$92K
annual income needed
Price-to-Income
โ๏ธ7.6x
Homeownership
๐ก68.0%
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
| Metric | Santa Clarita | California | National |
|---|---|---|---|
| Home Price | $720K | $726K | $410K |
| Rent | $2,300 | $1,992 | $1,500 |
| Income | $95K | $96K | $75K |
| Rent Burden | 31.0% | 40.5% | 30.0% |
Key Takeaways
- โข Home prices in Santa Clarita are 76% higher than the national average.
- โข Rent is 53% higher than the national average.
- โข You need an income of $207K to comfortably buy a home here.
- โข The homeownership rate is 68.0%, compared to 65.0% nationally.