San Jose-Sunnyvale-Santa Clara, CA vs Santa Ana-Anaheim-Irvine, CA
A 2-bedroom in Santa Ana-Anaheim-Irvine costs $247 less per month than San Jose-Sunnyvale-Santa Clara ($3,236 vs $3,483). Median income is $157,444 in San Jose-Sunnyvale-Santa Clara and $93,525 in Santa Ana-Anaheim-Irvine. That's a difference of $2,964 per year in housing costs.
Side-by-Side Comparison
| Metric | San Jose-Sunnyvale-Santa Clara | Santa Ana-Anaheim-Irvine |
|---|---|---|
| Studio FMR | $2,621 | $2,682 |
| 1BR FMR | $2,982 | $2,746 |
| 2BR FMR | $3,483 | $3,236 |
| 3BR FMR | $4,602 | $4,393 |
| 4BR FMR | $5,010 | $5,246 |
| Median Income | $157,444 | $93,525 |
| Rent Burden | 26.5% | 41.5% |
| Actual Median Rent | $2,794 | $1,987 |
| Median Home Value | $1,342,700 | $825,300 |
| Population | 2.0M | 13.0M |
| Renter % | 44.3% | 51.4% |
| Vacancy Rate | 5.7% | 6.2% |
| Poverty Rate | 6.9% | 12.6% |
| YoY Change | +11.2% | +16.3% |
| Min Wage | $16.50/hr | $16.50/hr |
Income Required to Afford a 2-Bedroom
Frequently Asked Questions
Santa Ana-Anaheim-Irvine, CA is more affordable with a 2BR FMR of $3,236/mo, which is $247 less than San Jose-Sunnyvale-Santa Clara at $3,483/mo. However, when considering local incomes, San Jose-Sunnyvale-Santa Clara has a rent burden of 26.5% vs 41.5% in Santa Ana-Anaheim-Irvine.
A 2-bedroom in San Jose-Sunnyvale-Santa Clara, CA costs $3,483/mo at Fair Market Rent, while in Santa Ana-Anaheim-Irvine, CA it's $3,236/mo, a difference of $247/mo or $2,964/year.
To afford a 2BR without spending more than 30% of income on rent: San Jose-Sunnyvale-Santa Clara requires $139,320/year ($67/hr). Santa Ana-Anaheim-Irvine requires $129,440/year ($62/hr).