Montecito, CA Real Estate

According to census data in the year 2000 there were 4,171 housing units in Montecito.

Of those housing units, 4,035 were located in either urbanized areas or urban clusters, and 136 were located in what is classified as a rural area.

Homeownership rate in Montecito is about 78.2%. Montecito's vacancy rate, including seasonal lodging, is about 12%. Average household size is 2.44 people.

The majority of houses, apartments or condos in Montecito were built after 1965.


Housing Size

Housing Units by Size
Studio Type1.80%
One Bedroom10.20%
Two Bedrooms20%
Three Bedrooms32.40%
Four Bedrooms22.70%
Five Bedrooms or more12.90%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.6
Median year structure was built1966
Median Value of occupied units$1,000,001
Median Price asked for vacant units$1,000,001

Rented Homes, Apartments and Condos

Average Household Size1.88
Median year structure was built1958
Median Monthly Rent asked for vacant units$1,156

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage6.80%
Home Equity Loan7.40%
Simple Mortgage55.40%
Debt Free30.40%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs21%