How much do homeowners pay a month in Sky Valley, CA?

Homeowners with a mortgage in Sky Valley, CA pay a median of $2,079 (±$527) a month in selected owner costs (2020–2024 American Community Survey).

Owners without a mortgage pay $531 (±$123).

45.4% of owned homes carry a mortgage.

In Sky Valley, the median monthly cost with a mortgage went from $1,668 in 2015–2019 to $2,079 in 2020–2024 (+24.6%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on .

With a mortgage
$2,079 (±$527)
Without a mortgage
$531 (±$123)
Owned with a mortgage
45.4%

Monthly owner costs in Sky Valley

Median selected monthly owner costs, estimate (90% margin of error)
Sky ValleyRiverside CountyCaliforniaUnited States
With a mortgage$2,079 (±$527)$2,583 (±$19)$2,946 (±$5)$1,963
Without a mortgage$531 (±$123)$781 (±$9)$829 (±$3)$638
Owned homes with a mortgage45.4% (±9.5 points)68.6% (±0.5 points)67.4% (±0.1 points)60.6%
Median real estate taxes (a year)$1,383 (±$256)$4,348 (±$38)$5,124 (±$17)$3,119

Selected monthly owner costs are the mortgage payment, property taxes, insurance, utilities, fuels and any condominium or mobile-home fees.

In Sky Valley, the median cost with a mortgage is not measurably different from Riverside County ($2,583).

It is also lower than in California ($2,946).

It is not measurably different from the national figure ($1,963).

In Riverside County, Sky Valley ranks 49 of 69 places with a published estimate, from highest to lowest median monthly cost with a mortgage.

Statewide, it ranks 770 of 1,051.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How owner costs in Sky Valley have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median owner cost with a mortgage$1,668 (±$323)$2,079 (±$527)+24.6%No measurable change after inflation
Median real estate taxes$941 (±$360)$1,383 (±$256)+47.0%No measurable change after inflation
Median home value$150,300 (±$43,561)$148,100 (±$85,811)−1.5%No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median monthly cost with a mortgage in places near Sky Valley

Nearest places with a published estimate, compared with Sky Valley
PlaceDistanceMedian monthly cost with a mortgageCompared with this place
Sky Valley—$2,079 (±$527)—
Thousand Palms5.3 mi$1,315 (±$214)Lower
Desert Edge5.3 mi$1,308 (±$115)Lower
Indio Hills7.0 mi$2,568 (±$337)Not measurably different
Cathedral City7.3 mi$2,221 (±$60)Not measurably different
Garnet7.4 mi$1,633 (±$164)Not measurably different
Desert Palms8.4 mi$2,340 (±$164)Not measurably different
Rancho Mirage9.8 mi$3,295 (±$161)Higher
Palm Desert11 mi$2,660 (±$171)Higher

Nearby places with a measurably lower figure: Thousand Palms, CA ($1,315), Desert Edge, CA ($1,308).

Nearby places with a measurably higher figure: Rancho Mirage, CA ($3,295), Palm Desert, CA ($2,660).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median monthly cost with a mortgage across Riverside County, place by place

RankPlaceMedian monthly cost with a mortgage
43Whitewater$2,250 (±$121)
44Cathedral City$2,221 (±$60)
45Perris$2,185 (±$88)
46Lakeland Village$2,166 (±$144)
47 (tie)East Hemet$2,151 (±$104)
47 (tie)Warm Springs$2,151 (±$378)
49Sky Valley$2,079 (±$527)
50Cherry Valley$2,066 (±$234)
51Mead Valley$2,042 (±$228)
52Cabazon$2,038 (±$852)
53Hemet$2,029 (±$95)
54Valle Vista$1,916 (±$151)
55Coachella$1,903 (±$103)

Showing 13 of 69 places in Riverside County, ranked from highest to lowest.

Sky Valley is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

What you can do on Seayora in Sky Valley

One account for renting, owning, managing and fixing homes, with these figures beside you.

Own or manage a rental?

List it, sign the lease and collect rent online, with the figures for Sky Valley beside you.

Create a landlord account · See what landlords get

Looking for a place to rent?

Browse homes for rent near Sky Valley, save the ones you like and apply online.

Browse rentals · Create a renter account

Do repairs, renovations or maintenance?

Get found by owners and renters near Sky Valley, and send estimates and invoices from your phone.

Join as a pro · Find a pro

Questions about Sky Valley

What is the average mortgage payment in Sky Valley?

The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Sky Valley, CA is $2,079 (±$527) a month, including taxes, insurance and utilities.

How much does it cost to own a paid-off home in Sky Valley?

Owners without a mortgage in Sky Valley pay a median of $531 (±$123) a month in taxes, insurance, utilities and fees.

Has the cost of owning a home in Sky Valley gone up?

In Sky Valley, the median monthly cost with a mortgage went from $1,668 in 2015–2019 to $2,079 in 2020–2024 (+24.6%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Sky Valley CDP, California (place:72156, in state:06).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25088_002E, B25088_002M, B25103_001E, B25103_001M, B25077_001E, B25077_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0101E, DP04_0101M, DP04_0109E, DP04_0109M, DP04_0091PE, DP04_0091PM, B25103_001E, B25103_001M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

Related