Santa Ana-Anaheim-Irvine, CA vs Santa Maria-Santa Barbara, CA
A 2-bedroom in Santa Maria-Santa Barbara costs $112 less per month than Santa Ana-Anaheim-Irvine ($3,124 vs $3,236). Median income is $93,525 in Santa Ana-Anaheim-Irvine and $95,977 in Santa Maria-Santa Barbara. That's a difference of $1,344 per year in housing costs.
Side-by-Side Comparison
| Metric | Santa Ana-Anaheim-Irvine | Santa Maria-Santa Barbara |
|---|---|---|
| Studio FMR | $2,682 | $2,459 |
| 1BR FMR | $2,746 | $2,746 |
| 2BR FMR | $3,236 | $3,124 |
| 3BR FMR | $4,393 | $4,075 |
| 4BR FMR | $5,246 | $4,647 |
| Median Income | $93,525 | $95,977 |
| Rent Burden | 41.5% | 39.1% |
| Actual Median Rent | $1,987 | $2,050 |
| Median Home Value | $825,300 | $735,700 |
| Population | 13.0M | 444K |
| Renter % | 51.4% | 47.1% |
| Vacancy Rate | 6.2% | 6.8% |
| Poverty Rate | 12.6% | 13.8% |
| YoY Change | +16.3% | +4.3% |
| Min Wage | $16.50/hr | $16.50/hr |
Income Required to Afford a 2-Bedroom
Frequently Asked Questions
Santa Maria-Santa Barbara, CA is more affordable with a 2BR FMR of $3,124/mo, which is $112 less than Santa Ana-Anaheim-Irvine at $3,236/mo. However, when considering local incomes, Santa Ana-Anaheim-Irvine has a rent burden of 41.5% vs 39.1% in Santa Maria-Santa Barbara.
A 2-bedroom in Santa Ana-Anaheim-Irvine, CA costs $3,236/mo at Fair Market Rent, while in Santa Maria-Santa Barbara, CA it's $3,124/mo, a difference of $112/mo or $1,344/year.
To afford a 2BR without spending more than 30% of income on rent: Santa Ana-Anaheim-Irvine requires $129,440/year ($62/hr). Santa Maria-Santa Barbara requires $124,960/year ($60/hr).