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These days, finding an affordable place to live in the Concord area can be challenging. Home prices in Concord are now at a median cost of $723,511, lower than the California average of $812,006.
The average cost of rent is $2,483/mo in Concord, primarily driven by the current value of real estate in the Concord area. In Concord, 38.50% of households rent, and 29.29% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Concord is $9,790 per month. Households that rent pay about 25.36% of their income on rent here. Concord’s most expensive areas are in the southeastern 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
- Pleasant Hill, CA: higher priced homes
- Walnut Creek, CA: higher priced homes
- Reliez Valley, CA: higher priced homes
- Bay Point, CA: less expensive homes
- Clayton, CA: higher priced homes
- Martinez, CA: higher priced homes
- Castle Hill, CA: higher priced homes
- Pittsburg, CA: less expensive homes
- Lafayette, CA: higher priced homes
- Alamo, CA: higher priced homes
Cities with Similar Populations
- Fremont, CA: higher priced homes
- Fullerton, CA: higher priced homes
- Farmington Hills, MI: less expensive homes
- Framingham, MA: less expensive homes
- Folsom, CA: equally priced homes
- Garland, TX: less expensive homes
- Fredericksburg, VA: less expensive homes
- Gilbert, AZ: less expensive homes
- Fort Wayne, IN: less expensive homes
- Frederick, MD: less expensive homes
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