Most Affordable Neighborhoods in Santa Barbara - 2026 Data
The median home value in Santa Barbara is $1,100,000, 290% above nat'l avg. Median rent is $1,677/month. With an affordability index of 17, Santa Barbara is less affordable than the national baseline of 100. We ranked 15 neighborhoods by affordability to help you find the best value in the Santa Barbara, CA area.
Key Takeaways: Affordability in Santa Barbara
- 1The most affordable neighborhood in Santa Barbara is Corona, with a median home value of $624,200.
- 2Santa Barbara's median home value is $1,100,000, 290% above nat'l avg (national: $281,900).
- 3Santa Barbara's affordability index is 17 (baseline 100), making it less affordable than the national average.
- 4Median rent in Santa Barbara is $1,677/month, 44% above nat'l avg (national: $1,163/month).
- 5We analyzed 15 neighborhoods in Santa Barbara to find the most affordable areas based on home values, rent, and affordability index.
Santa Barbara Affordability Overview
Median Home Value
$1,100,000
290% above nat'l avg
Median Rent
$1,677/mo
44% above nat'l avg
Median Income
$72,500
3% below nat'l avg
Affordability Index
17
83% below nat'l avg
Most Affordable Neighborhoods in Santa Barbara (Ranked)
| Rank | Neighborhood | Median Home Value |
|---|---|---|
| 1 | CoronaCA | $624,200 |
| 2 | RosevilleCA | $596,700 |
| 3 | OntarioCA | $513,000 |
| 4 | FontanaCA | $506,600 |
| 5 | Santa RosaCA | $661,700 |
| 6 | Grass ValleyCA | $434,100 |
| 7 | MarysvilleCA | $269,300 |
| 8 | Mill ValleyCA | $2,000,001 |
| 9 | Moreno ValleyCA | $421,400 |
| 10 | FremontCA | $1,231,500 |
| 11 | ParlierCA | $216,200 |
| 12 | GlendaleCA | $992,000 |
| 13 | HaywardCA | $775,700 |
| 14 | Elk GroveCA | $560,500 |
| 15 | VisaliaCA | $316,600 |