Home prices
The value of the median home in Santa Barbara is $1,051,500. It is roughly $192,900 (15%) lower in comparison to the surrounding areas.In comparison to the rest of the nation it is approximately $834,000 (383%) higher, and in comparison to the city of Los Angeles is approximately $414,600 (65%) higher.
Rents
Santa Barbara's median rent is $1,786 a month. This is approximately $465 (20%) lower in comparison to its surrounding areas.In comparison to the United States as a whole it is approximately $724 (68%) higher, and in comparison to the city of Los Angeles it is approximately $336 (23%) higher.
Nearby places
Mission Canyon
Mission Canyon is Santa Barbara's neighbor to the north. The housing prices there are a bit more expensive. The median home in Mission Canyon is valued at $1,165,900, which comes out to $114,400 (9%) higher than Santa Barbara. Rents there are a bit more expensive. The median rent in Mission Canyon is $2,181 a month, which works out to $395 (18%) higher than Santa Barbara.
Montecito
Montecito is Santa Barbara's neighbor to the east. Its housing prices are substantially more expensive. The median home in Montecito costs $2,000,001, which is $948,501 (47%) higher than Santa Barbara. The rent there is a bit more expensive. In Montecito the median monthly rent is $2,404, which works out to $618 (25%) higher than Santa Barbara.
Isla Vista
Isla Vista is Santa Barbara's neighbor to the west. Its real estate prices are a lot less expensive. Isla Vista's median home cost is $466,700, which comes out to $584,800 (125%) lower than Santa Barbara. The rent there is somewhat less expensive. The median monthly rent in Isla Vista is $1,503, which comes out to $283 (18%) lower than Santa Barbara.
Goleta
Goleta is Santa Barbara's neighbor to the west. Real estate prices there are a bit less expensive. The median home cost in Goleta is $797,700, which is $253,800 (31%) lower than Santa Barbara. The rent there is a bit more expensive. In Goleta the median rent is $1,999 a month, which is $213 (10%) higher than Santa Barbara.
Toro Canyon
Toro Canyon is approximately 8 miles east from Santa Barbara. The housing prices there are significantly more expensive. Toro Canyon's median home cost is $1,791,700, which comes out to $740,200 (41%) higher than Santa Barbara. Rents there are significantly more expensive. In Toro Canyon the median monthly rent is $3,167, which is $1,381 (43%) higher than Santa Barbara.
