Similar to other places in this area, it's substantially more expensive compared to the country as a whole. Compared to the city of Santa Maria, it is a lot more expensive.
Home prices
The median home in Templeton costs $528,400. It is approximately $24,060 (4%) lower compared to nearby areas.It is approximately $310,900 (142%) higher compared to the country as a whole, and it is roughly $184,300 (53%) higher compared to the city of Santa Maria.
Rents
Templeton's median monthly rent is $1,241. Compared to its nearby areas this is roughly $153 (10%) lower.In comparison to the United States as a whole it is about $179 (16%) higher, and in comparison to the city of Santa Maria is approximately $173 (12%) lower.
Nearby places
Atascadero
Atascadero is Templeton's neighbor to the south. Real estate prices there are a bit less expensive. The median home value in Atascadero is $493,200, which comes out to $35,200 (7%) lower than Templeton. Rent there is a little more expensive. In Atascadero the median rent is $1,415 per month, which comes out to $174 (12%) higher than Templeton.
Cayucos
Cayucos is about 11 miles southwest from Templeton. Its real estate prices are a bit more expensive. Cayucos's median home value is $770,100, which is $241,700 (31%) higher than Templeton. The rent there is fairly similar. The median rent in Cayucos is $1,257 a month, which is $16 (1%) higher than Templeton.
Santa Margarita
Santa Margarita is approximately 13 miles southeast of Templeton. Housing prices there are similar. The median home in Santa Margarita costs $525,300, which is very similar to Templeton. Its rents are a bit less expensive. Santa Margarita's median rent is $978 a month, which works out to $263 (26%) lower than Templeton.
Lake Nacimiento
Lake Nacimiento is roughly 14 miles northwest of Templeton. Its housing prices are significantly less expensive. The median home in Lake Nacimiento costs $366,400, which comes out to $162,000 (44%) lower than Templeton. Rent there is somewhat more expensive. Lake Nacimiento's median rent is $1,760 per month, which comes out to $519 (29%) higher than Templeton.
Morro Bay
Morro Bay is roughly 14 miles southwest from Templeton. Its real estate prices are somewhat more expensive. The price of the median home in Morro Bay is $607,300, which is $78,900 (12%) higher than Templeton. The rent there is a bit more expensive. In Morro Bay the median monthly rent is $1,560, which is $319 (20%) higher than Templeton.
