Home prices
The median home in Arroyo Grande is valued at $591,800. In comparison to the surrounding areas this is about $33,400 (5%) lower.It is approximately $374,300 (172%) higher in comparison to the nation as a whole, and compared to the city of Santa Barbara is roughly $459,700 (43%) lower.
Rents
In Arroyo Grande the median monthly rent is $1,459. Compared to other places in this area this is about $211 (12%) lower.It is about $397 (37%) higher compared to the rest of the country, and it is approximately $327 (18%) lower in comparison to the city of Santa Barbara.
Nearby places
Grover Beach
Grover Beach is Arroyo Grande's neighbor to the west. The housing prices there are a bit less expensive. Grover Beach's median home price is $493,700, which is $98,100 (19%) lower than Arroyo Grande. Rents there are pretty similar. The median monthly rent in Grover Beach is $1,481, which is $22 (1%) higher than Arroyo Grande.
Oceano
Oceano is Arroyo Grande's neighbor to the southwest. The real estate prices there are a lot less expensive. The median home cost in Oceano is $392,000, which comes out to $199,800 (50%) lower than Arroyo Grande. Its rents are a bit less expensive. The median rent in Oceano is $1,250 per month, which works out to $209 (16%) lower than Arroyo Grande.
Pismo Beach
Pismo Beach is Arroyo Grande's neighbor to the northwest. Its housing prices are a bit more expensive. Pismo Beach's median home price is $768,600, which comes out to $176,800 (23%) higher than Arroyo Grande. Rent there is a little more expensive. Pismo Beach's median rent is $1,774 a month, which works out to $315 (17%) higher than Arroyo Grande.
Callender
Callender is approximately 5 miles south from Arroyo Grande. The real estate prices there are a little more expensive. The median home in Callender is valued at $683,000, which is $91,200 (13%) higher than Arroyo Grande. Rent there is pretty similar. Callender's median monthly rent is $1,459, which is very similar to Arroyo Grande.
Blacklake
Blacklake is approximately 5 miles southeast of Arroyo Grande. The housing prices there are a little more expensive. The median home in Blacklake is valued at $788,700, which comes out to $196,900 (24%) higher than Arroyo Grande. Its rents are substantially more expensive. Blacklake's median rent is $2,388 a month, which works out to $929 (38%) higher than Arroyo Grande.