Similar to other places in this area, it is substantially more expensive compared to the rest of the nation. It's significantly more expensive compared to the city of Los Angeles.
Home prices
The median home cost in Mission Canyon is $1,165,900. Compared to its surrounding areas this is approximately $55,620 (4%) lower.It is approximately $948,400 (436%) higher compared to the entire nation, and is roughly $529,000 (83%) higher compared to the city of Los Angeles.
Rents
The median monthly rent in Mission Canyon is $2,181. Compared to its surrounding areas it is is very similar.In comparison to the nation as a whole it is roughly $1,119 (105%) higher, and is approximately $731 (50%) higher compared to the city of Los Angeles.
Nearby places
Santa Barbara
Santa Barbara is Mission Canyon's neighbor to the south. Housing prices there are somewhat less expensive. The median home price in Santa Barbara is $1,051,500, which is $114,400 (10%) lower than Mission Canyon. Its rents are somewhat less expensive. The median monthly rent in Santa Barbara is $1,786, which comes out to $395 (22%) lower than Mission Canyon.
Montecito
Montecito is roughly 4 miles east of Mission Canyon. Housing prices there are a lot more expensive. The median home in Montecito costs $2,000,001, which comes out to $834,101 (41%) higher than Mission Canyon. Rents there are somewhat more expensive. Montecito's median monthly rent is $2,404, which works out to $223 (9%) higher than Mission Canyon.
Goleta
Goleta is approximately 7 miles west of Mission Canyon. The real estate prices there are a lot less expensive. Goleta's median home price is $797,700, which comes out to $368,200 (46%) lower than Mission Canyon. Rents there are a bit less expensive. The median rent in Goleta is $1,999 per month, which works out to $182 (9%) lower than Mission Canyon.
Isla Vista
Isla Vista is about 7 miles west of Mission Canyon. Its housing prices are a lot less expensive. The value of the median home in Isla Vista is $466,700, which works out to $699,200 (149%) lower than Mission Canyon. The rent there is a lot less expensive. In Isla Vista the median monthly rent is $1,503, which comes out to $678 (45%) lower than Mission Canyon.
Toro Canyon
Toro Canyon is roughly 8 miles east from Mission Canyon. The real estate prices there are substantially more expensive. The median home in Toro Canyon is valued at $1,791,700, which is $625,800 (34%) higher than Mission Canyon. Its rents are a little more expensive. Toro Canyon's median monthly rent is $3,167, which is $986 (31%) higher than Mission Canyon.
