The median home in Montecito, California is valued at $5,251,116, up 7.5% year over year. Typical monthly rent is $16,250, producing a price-to-rent ratio of 26.9x — well above the national average of 18x. Montecito is part of the Santa Maria-Santa Barbara, CA metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

See the full metro analysis: Santa Maria-Santa Barbara, CA stress score, crash risk, and 12-month forecast →

Home Value$5,251,116

+7.5%

Rent$16,250/mo

AFFORDABILITY

Enter your income for Montecito.

Income (annual)

Down Payment

$1,050,223 on $5,251,116

Out of reach — 476.9% of income

Need $1,277,529/yr to afford.

PITI$29,809

P/I476.9%

Afford$308K

Gap-$4943K

P&I $26,553Tax $3,107Ins $150

Renting $13,559/mo cheaper ($16,250 rent)6.50% 30yr, 20% down, county tax + CA ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in California

Compare Montecito with other housing markets across California.

Atherton$7517K Los Altos Hills$5802K Hidden Hills$4992K Hillsborough$4946K Los Altos$4448K Belvedere$4421K Rancho Santa Fe$4186K Monte Sereno$4157K

Full Santa Maria-Santa Barbara, CA analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Santa Maria-Santa Barbara, CA metro.

View Santa Maria-Santa Barbara, CA metro →

MONTECITO, CA