Isla Vista, CA Real Estate

According to census data in the year 2000 there were 5,262 housing units in Isla Vista. This represents a 4.6% decline from 5,513 in 1990.

Of those housing units, 5,262 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Isla Vista is about 4.5%. Isla Vista's vacancy rate, including seasonal lodging, is about 2%. Average household size is 2.97 people.

The majority of houses, apartments or condos in Isla Vista were built after 1971.


Housing Size

Housing Units by Size
Studio Type14.70%
One Bedroom36.70%
Two Bedrooms34.50%
Three Bedrooms10.40%
Four Bedrooms2.70%
Five Bedrooms or more1.10%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.64
Median year structure was built1985
Median Value of occupied units$402,400
Median Price asked for vacant units$450,000

Rented Homes, Apartments and Condos

Average Household Size2.99
Median year structure was built1970
Median Monthly Rent asked for vacant units$746

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage4.40%
Home Equity Loan17.60%
Simple Mortgage50.30%
Debt Free27.70%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs24.7%