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Affordable
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These days, finding an affordable place to live in the Canyondam area can be challenging. Home prices in Canyondam are now at a median cost of $625,374, lower than the California average of $812,006.
The average cost of rent is $1,133/mo in Canyondam, primarily driven by the current value of real estate in the Canyondam area. In Canyondam, 8.95% of households rent, and 45.28% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Canyondam is $10,326 per month. Households that rent pay about 10.97% of their income on rent here. Canyondam’s most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Prattville, CA: equally priced homes
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- Twain, CA: equally priced homes
- Chester, CA: less expensive homes
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Cities with Similar Populations
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- Shannon, OH: less expensive homes
- Freetown, LA: less expensive homes
- Shanty Town, NV: less expensive homes
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