
Home Price Key
These days, finding an affordable place to live in the Cherry Valley area can be challenging. Home prices in Cherry Valley are now at a median cost of $465,006, lower than the California average of $648,235.
The average cost of rent is $1,063/mo in Cherry Valley, primarily driven by the current value of real estate in the Cherry Valley area. While nearly 28.69% of residents own their homes outright in Cherry Valley, 9.31% rent.
Housing affordability isn’t just about home prices, though. The average household income in Cherry Valley is $9,035 per month. Households that rent pay about 11.76% of their income on rent here. Cherry Valley's most expensive areas are in the southern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Beaumont, CA: less expensive homes
- Oak Glen, CA: higher priced homes
- Calimesa, CA: less expensive homes
- Banning, CA: less expensive homes
- Yucaipa, CA: less expensive homes
- Forest Falls, CA: less expensive homes
- Moreno, CA: less expensive homes
- Mountain Home Village, CA: less expensive homes
- Mentone, CA: less expensive homes
- Cabazon, CA: less expensive homes
Cities with Similar Populations
- Palmyra, MO: less expensive homes
- Jasper, FL: less expensive homes
- Jefferson Manor, VA: equally priced homes
- Joelton, TN: less expensive homes
- Kalkaska, MI: less expensive homes
- Kaneohe Station, HI: higher priced homes
- Keene, TX: less expensive homes
- Kennebunkport, ME: equally priced homes
- Kunkletown, PA: less expensive homes
- La Crescent, MN: less expensive homes
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