California is one the best areas to live in. there are large number of places which may fascinate your attractions and hence are a dream areas to live. With lots of facilities and recreation centers following are the areas that are the most affordable and cheapest places to live in California.
Affordable and Cheapest Living in California with Necessities of Life
This is at the top chart which has substantial renter-population.its rental units make up to 44.7 percent of the total housing. This higher percentage is due to large student population reside in here. These are the students of the California University, Santa Barbara. Residents here do not spend much of their income on housing as 33.14 percent goes for rent. This rate is somewhat lower as compared to other cities median income spending on households. Goleta has shortest average-commute timing of 16.2 minutes.
Another famous destination among cheapest places to live in California is the Manhattan Beach which carries household income of about $139,259. Its residents enjoy living in one of the affluent cities of LA county & Southern California. It however has higher income with a price to rent ration of the 26.12. This ratio indicates that it is better to get rental here rather than buying a home. Home vacancy rate is 4.7 percent which is a mid rage for all areas so it is also helping.
Next one to mention is Loma Linda which is best known for Loma Linda Medical center University. Its rental costs are in the middle range. There are more houses available for rental as compared to availability for buying houses. 1/6th of the population of the city is enrolled in the university so it is an area of students. And this is also the reason for making 62.1 percent rental units with a rate of only 4.9 percent vacancy.
Residents of Irvine have median income amounting to $90,585 with average spending of 31.5 percent on rentals. This is an affordable rate for spending on housing needs. This is an affluent suburb of Los Angeles and has larger student population. It is a rental area because more than 50 percent of its population lives in rental houses.
Coastal Cities with Affordable Living Packages
It is a coastal city which has lower vacancy rate of 3.3 percent. It is however an expensive city as compared to above mentioned ones. Its media rent come 2nd at the higher rentals at an average of $3,242. Residents of this area enjoy median income of #106,333 whereas price to rent ratio of this area is 26.6 which shows it as a better option to rent rather than buying. Residents are provided services for housing by the housing authority.
This is another Orange county which has good availability rate for rental houses. Its rental units are for more than owned houses and make 60 percent of total living units. It is a beautiful city to live with lots of facilities. It has a vacancy rate of 5.7 percent and is more than 1 percent of the median percentage for all cities in the Southern California.
This area is located on Southern-border of the LA County. It has moderate availability level along with affordability for those looking for rentals. Its vacancy rate for getting rentals is somewhat lower at 4.2 percent as compared to state average; its rentals make up more than 47% of the total living units and are thus it is counted as one of the cheapest places to rent in California. Median rent amounts to $2,715 on average and makes 32% of the total median income making it one of the most affordable and cheapest places to live in California. There are also more affordable housing programs to facilitate those with lower income levels.
Tustin is the highest populated city reaching the top chart. It has more than 65,000 residents and almost 50% of its living units are occupied by rentals. Vacancy rate is at middle level and this one among other LA suburb is with price to rent ratio which favors renting rather than buying a home.
Places To Enjoy Fare Rentals That Match Your Income
This area is located in foothills of San Gabriel-Mountains. It is a growing area which is at a close driving distance of less than one hour from downtown LA. Its vacancy rate is highest among all cities mentioned here and is 6.1 percent. Availability of rental houses is more than other areas and thus there are a 50/50 slab between rental houses and owned houses. Students, jobbies and others desiring to live this beautiful area you can enjoy it because of higher vacancy rate. This area is just a beautiful combination of good living standard and affordable living.
This area is at a drive of about one hour of LA. This is the area which offers beach front living at reasonable prices. Income of median household is $62,349 which has median settling of $332,600. This is perhaps the greatest deal for estates in California. Strolls, winery visits and Golf on the Mandalay Beach, these are all parts of life in the Orlando. Land is fertile surrounding the whole city and there are many crops for which this area is well known. But popularity of Oxnard is not just because of its agricultural lands but also due to its strawberries. There is also a strawberry festival which is held each year. This city is commonly known as Gateway to Channel Islands, with a marine sanctuary and national park.
This is the last one to mention in the list of the most affordable and cheapest places to live in California. Ventura has a stunning harbor-view. Its median income at household level is $66,485 with home value if $428,600. This is a good one as per standards of California. Residents of Ventura enjoy cool amenities like that of college campuses & surfer point which is the site for various surfing competitions. It is officially called as San Buenaventura and shortly named as Ventura. There are top notch shopping & dining areas, art galleries and museums in Ventura. This area is good enough for fulfilling needs for living, education, enjoyment and other life activities.