Home prices
The median home in Oceano is valued at $392,000. In comparison to nearby areas it is roughly $273,160 (41%) lower.It is roughly $174,500 (80%) higher in comparison to the nation as a whole, and in comparison to the city of Santa Barbara it is approximately $659,500 (62%) lower.
Rents
In Oceano the median rent is $1,250 a month. Compared to other places in this area it is roughly $462 (26%) lower.In comparison to the US as a whole it is approximately $188 (17%) higher, and compared to the city of Santa Barbara is approximately $536 (30%) lower.
Nearby places
Grover Beach
Grover Beach is Oceano's neighbor to the north. Its housing prices are a bit more expensive. The median home cost in Grover Beach is $493,700, which comes out to $101,700 (20%) higher than Oceano. Rent there is somewhat more expensive. In Grover Beach the median rent is $1,481 per month, which is $231 (15%) higher than Oceano.
Arroyo Grande
Arroyo Grande is Oceano's neighbor to the northeast. Its real estate prices are substantially more expensive. Arroyo Grande's median home price is $591,800, which comes out to $199,800 (33%) higher than Oceano. The rent there is a little more expensive. In Arroyo Grande the median monthly rent is $1,459, which is $209 (14%) higher than Oceano.
Pismo Beach
Pismo Beach is approximately 3 miles northwest of Oceano. Its real estate prices are significantly more expensive. Pismo Beach's median home price is $768,600, which comes out to $376,600 (48%) higher than Oceano. The rent there is somewhat more expensive. The median monthly rent in Pismo Beach is $1,774, which is $524 (29%) higher than Oceano.
Callender
Callender is approximately 4 miles southeast of Oceano. Its real estate prices are significantly more expensive. Callender's median home price is $683,000, which works out to $291,000 (42%) higher than Oceano. Rents there are a little more expensive. Callender's median rent is $1,459 per month, which is $209 (14%) higher than Oceano.
Blacklake
Blacklake is roughly 5 miles southeast from Oceano. Real estate prices there are substantially more expensive. The price of the median home in Blacklake is $788,700, which works out to $396,700 (50%) higher than Oceano. Rents there are significantly more expensive. Blacklake's median monthly rent is $2,388, which is $1,138 (47%) higher than Oceano.