Anaheim is Orange County's largest city by population, and one of its most internally diverse. The Anaheim most visitors know — Disneyland, Angel Stadium, the Convention Center — occupies the western and central city. The Anaheim that residents choose is more varied: the established neighborhoods of Anaheim Hills to the east, the revitalized downtown corridor around the Packing House, and everything in between.
For buyers, Anaheim offers OC's most competitive price points for single-family homes. Anaheim Hills — the hillside communities to the east of the 91 freeway — commands prices in the $900K–$1.5M range for larger homes with canyon and valley views; flat Anaheim west of the 57 freeway offers more affordable inventory starting around $600K–$750K.
Anaheim Union High School District serves the western city; Placentia-Yorba Linda Unified serves some eastern areas; Orange Unified serves parts of Anaheim Hills. School quality varies significantly by area — worth researching for your specific neighborhood.
For investor buyers, proximity to Disneyland generates one of the strongest short-term rental markets in OC. Properties within a few miles of the Resort area can carry premium rental yields when managed effectively and in compliance with local short-term rental regulations (which have evolved — verify current rules before purchasing for this purpose).
Fire risk in the hills is a consideration for Anaheim Hills buyers — get an insurance quote during due diligence, not after.