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These days, finding an affordable place to live in the Bishop area can be challenging. Home prices in Bishop are now at a median cost of $360,457, lower than the California average of $812,006.
The average cost of rent is $1,587/mo in Bishop, primarily driven by the current value of real estate in the Bishop area. In Bishop, 31.36% of households rent, and 59.04% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Bishop is $6,744 per month. Households that rent pay about 23.54% of their income on rent here. Bishop’s most expensive areas are in the southern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Laws, CA: equally priced homes
- Keough Hot Springs, CA: higher priced homes
- Mesa, CA: higher priced homes
- Round Valley, CA: higher priced homes
- Big Creek, CA: equally priced homes
- South Fork, CA: equally priced homes
- North Fork, CA: higher priced homes
- Wishon, CA: higher priced homes
- Bass Lake, CA: higher priced homes
- Oakhurst, CA: higher priced homes
Cities with Similar Populations
- Vashon, WA: higher priced homes
- Sweetwater, TX: less expensive homes
- Sykesville, MD: higher priced homes
- Tallassee, AL: less expensive homes
- Taneytown, MD: equally priced homes
- Ontario, NY: less expensive homes
- Heber Springs, AR: less expensive homes
- Brownsville, TN: less expensive homes
- Hebron, IN: less expensive homes
- Brookings, OR: higher priced homes
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