Montecito vs Los Angeles: Housing
| Montecito | Los Angeles | |
|---|---|---|
| Median Home Value | $2,000,001 | $921,200 |
| Median Gross Rent | $3,501/mo | $1,933/mo |
| Homeownership Rate | 75.8% | 36.0% |
| Rent as Share of Income | 18.2% | 28.3% |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.