Property Prices in Santa Barbara, CA, United States

Index Info
Price to Income Ratio: 13.12
Mortgage as Percentage of Income: 102.09%
Loan Affordability Index: 0.98
Price to Rent Ratio - City Centre: 21.65
Price to Rent Ratio - Outside of Centre: 15.64
Gross Rental Yield (City Centre): 4.62%
Gross Rental Yield (Outside of Centre): 6.39%
Rent Per Month
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Apartment (1 bedroom) in City Centre 2,933.75 $ 2,200.00-3,500.00
Apartment (1 bedroom) Outside of Centre 2,607.14 $ 2,400.00-3,000.00
Apartment (3 bedrooms) in City Centre 5,733.33 $ 4,800.00-6,000.00
Apartment (3 bedrooms) Outside of Centre 4,500.00 $ 3,600.00-5,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,337.27 $ 999.99-1,645.86
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 4.79 3.00-5.43

These data are based on 71 entries in the past 18 months from 13 different contributors.
Last update: March 2023

Sources and References
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