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Richardson Real Estate Services, Inc.
One-time.
One-time. Refundable.
Charming, spacious (over 2,000 sf.) 4 bedroom, 2 bath single level home with an open layout on an oversized corner lot. The home features vaulted ceilings and an abundance of natural light. Kitchen features brand new stainless steel appliances, ample cabinet space, and a convenient breakfast bar. A floor-to-ceiling double-sided natural stone fireplace separates the kitchen/dining area from the spacious living room, and there are two large sliding doors leading to an oversized backyard featuring Citrus and Avocado trees and ample room for entertaining or just relaxing. The property features a large 2-car garage with additional storage space and direct access to the house via a dedicated laundry room equipped with a washer/dryer. Located on the mountainside of the 101 freeway, it is conveniently between downtown Santa Barbara and UCSB. Lease terms: - Lease term - One year - Tenant pays all utilities - Owner pays gardener - Pets are considered with an additional deposit - NO smoking on the property In general, the Housing Provider is looking for the following qualifications: - Credit score of 700+ - Gross income 3x the rent** - Good credit history - Clear source of monthly income - References - No smoking of any kind - No co-signers **Should all or part of the applicant's income derive from any public assistance program, 3x gross income qualification shall apply only to the portion of the rent that the tenant is responsible for after the voucher amount has been deducted. Equal Housing Opportunity. All applicants will be considered regardless of race, color, religion, national origin, sex, marital status, age, or because all or part of the applicant's income derives from any public assistance program. Tenants will be required to purchase renter's insurance naming the Housing Provider (Owner) and Richardson Real Estate (Property Manager) as additional insured with minimum liability coverage of $300,000. The application fee is $50 and is non-refundable. Please call 805-965-4300 to schedule a showing or email ****. We require a rental application for everyone over the age of 18. All applications are accepted electronically through our website www mrrealtors com
How 5076 Walnut Park Dr compares to other nearby properties.
Positives
| Zip code | 93111 |
|---|---|
| Type | House for rent |
4-bedroom apartments at 5076 Walnut Park Dr cost about 40% less than the average rent price for 4-bedroom apartments in Santa Barbara.
| Month | Median Rent |
|---|---|
| May 2024 | $15,000 |
| June 2024 | $15,400 |
| July 2024 | $11,406 |
| August 2024 | $12,905 |
| September 2024 | $10,612 |
| October 2024 | $9,337 |
| November 2024 | $11,040 |
| December 2024 | $12,962 |
| January 2025 | $15,187 |
| February 2025 | $10,873 |
| March 2025 | $11,198 |
| April 2025 | $12,812 |
| May 2025 | $12,600 |
| June 2025 | $12,387 |
| July 2025 | $12,450 |
| August 2025 | $12,114 |
| September 2025 | $12,950 |
| October 2025 | $12,664 |
| November 2025 | $12,180 |
| December 2025 | $12,937 |
| January 2026 | $9,967 |
| February 2026 | $9,535 |
| March 2026 | $10,118 |
| April 2026 | $9,843 |
| May 2026 | $10,500 |
Can I afford to live at 5076 Walnut Park Dr?
Bedrooms
4+ bedroomsRent-to-income ratio
30%
$250,000/yr
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