Property Prices in Santa Barbara, CA, United States

Index Info
Price to Income Ratio: 13.76
Mortgage as Percentage of Income: 125.05%
Loan Affordability Index: 0.80
Price to Rent Ratio - City Centre: 22.17
Price to Rent Ratio - Outside of Centre: 15.09
Gross Rental Yield (City Centre): 4.51%
Gross Rental Yield (Outside of Centre): 6.63%
Rent Per Month
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Apartment (1 bedroom) in City Centre 2,967.50 $ 2,500.00-3,500.00
Apartment (1 bedroom) Outside of Centre 2,641.67 $ 2,400.00-3,000.00
Apartment (3 bedrooms) in City Centre 6,300.00 $ 5,900.00-7,000.00
Apartment (3 bedrooms) Outside of Centre 4,800.00 $ 3,700.00-6,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,441.11 $ 1,049.99-1,645.86
Price per Square Feet to Buy Apartment Outside of Centre 811.32 $ 650.32-1,299.99
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,405.56 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.70 6.70-6.70

These data are based on 46 entries in the past 18 months from 10 different contributors.
Last update: August 2023

Sources and References
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