Similar to its surrounding areas, it is a lot more expensive compared to the United States as a whole. Compared to the city of San Francisco however, it's a bit less expensive.
Home prices
The cost of the median home in Santa Cruz is $854,200. It is is very similar in comparison to the surrounding areas.It is roughly $636,700 (292%) higher compared to the entire nation, and it is roughly $243,600 (22%) lower compared to the city of San Francisco.
Rents
The median rent in Santa Cruz is $1,889 per month. Compared to other places in this area this is about $281 (17%) higher.It is about $827 (77%) higher compared to the rest of the country, and compared to the city of San Francisco it is is very similar.
Nearby places
Pasatiempo
Pasatiempo is Santa Cruz's neighbor to the north. The housing prices there are a bit more expensive. The median home in Pasatiempo is valued at $1,124,100, which works out to $269,900 (24%) higher than Santa Cruz. Rent there is a lot less expensive. Pasatiempo's median monthly rent is $1,333, which comes out to $556 (41%) lower than Santa Cruz.
Twin Lakes
Twin Lakes is Santa Cruz's neighbor to the southeast. The real estate prices there are a little less expensive. The median home in Twin Lakes costs $788,000, which comes out to $66,200 (8%) lower than Santa Cruz. Its rents are a bit less expensive. The median monthly rent in Twin Lakes is $1,477, which comes out to $412 (27%) lower than Santa Cruz.
Pleasure Point
Pleasure Point is about 3 miles east of Santa Cruz. Its housing prices are a little more expensive. The price of the median home in Pleasure Point is $913,900, which comes out to $59,700 (6%) higher than Santa Cruz. Rent there is somewhat less expensive. Pleasure Point's median monthly rent is $1,458, which is $431 (29%) lower than Santa Cruz.
Capitola
Capitola is about 3 miles east of Santa Cruz. Housing prices there are a bit less expensive. The median home in Capitola costs $721,900, which is $132,300 (18%) lower than Santa Cruz. Rent there is a little less expensive. Capitola's median rent is $1,780 a month, which is $109 (6%) lower than Santa Cruz.
Soquel
Soquel is roughly 4 miles east of Santa Cruz. Real estate prices there are a bit less expensive. The value of the median home in Soquel is $712,300, which works out to $141,900 (19%) lower than Santa Cruz. Its rents are a little more expensive. Soquel's median monthly rent is $1,990, which works out to $101 (5%) higher than Santa Cruz.
