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These days, finding an affordable place to live in the August area can be challenging. Home prices in August are now at a median cost of $297,881, lower than the California average of $812,006.
The average cost of rent is $1,458/mo in August, primarily driven by the current value of real estate in the August area. In August, 46.96% of households rent, and 40.53% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in August is $4,799 per month. Households that rent pay about 30.37% of their income on rent here. August’s most expensive areas are in the eastern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Stockton, CA: higher priced homes
- Garden Acres, CA: higher priced homes
- Country Club, CA: higher priced homes
- Waterloo, CA: higher priced homes
- French Camp, CA: higher priced homes
- Summer Home, CA: higher priced homes
- Linden, CA: higher priced homes
- Five Corners, CA: higher priced homes
- Peters, CA: higher priced homes
- Lathrop, CA: higher priced homes
Cities with Similar Populations
- New Castle, CO: higher priced homes
- Prairie View, TX: less expensive homes
- Poplarville, MS: less expensive homes
- Pollock Pines, CA: higher priced homes
- Columbiana, AL: equally priced homes
- Orange, VA: higher priced homes
- Oradell, NJ: higher priced homes
- Olivette, MO: higher priced homes
- Old Orchard Beach, ME: higher priced homes
- Odessa, MO: equally priced homes
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