Like any large city, home prices in Santa Barbara have continued to increase over the years. Fortunately, there are still some neighborhoods in Santa Barbara that offer some affordable housing options. These are the cheapest neighborhoods in Santa Barbara for 2026. The neighborhoods are ranked by the lowest median home prices when compared to the average median home price in Santa Barbara.

Population 10,032
-25%
Median Home Value $1,434,669
25% less expensive than Santa Barbara
Population 1,748
-24%
Median Home Value $1,461,350
24% less expensive than Santa Barbara
Population 2,479
-20%
Median Home Value $1,533,880
20% less expensive than Santa Barbara
Population 10,661
-19%
Median Home Value $1,555,646
19% less expensive than Santa Barbara
Population 15,247
-17%
Median Home Value $1,589,366
17% less expensive than Santa Barbara
Population 7,475
-2%
Median Home Value $1,877,016
2% less expensive than Santa Barbara
Population 5,486
0%
Median Home Value $1,913,487
equal to Santa Barbara
Population 1,410
53%
Median Home Value $2,937,288
53% more expensive than Santa Barbara
Is This the Right Place for You? Local Insights Report
  • Uncover the key details before you move
  • Use local data to guide a smarter investment
  • Compare neighborhoods side by side
Local Insights Report