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These days, finding an affordable place to live in the Cholame area can be challenging. Home prices in Cholame are now at a median cost of $868,441, higher than the California average of $812,006.
The average cost of rent is $1,640/mo in Cholame, primarily driven by the current value of real estate in the Cholame area. In Cholame, 36.68% of households rent, and 41.84% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Cholame is $7,309 per month. Households that rent pay about 22.43% of their income on rent here. Cholame’s most expensive areas are in the southern 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
- Shandon, CA: less expensive homes
- Whitley Gardens, CA: equally priced homes
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- El Paso de Robles, CA: less expensive homes
- Wellsona, CA: equally priced homes
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- Bradley, CA: less expensive homes
- Bryson, CA: less expensive homes
Cities with Similar Populations
- Greenhorn, CA: less expensive homes
- Starford, PA: less expensive homes
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- Stringtown, IA: less expensive homes
- Sulphur Springs, OH: less expensive homes
- Halfway, NY: less expensive homes
- Haigler, NE: less expensive homes
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