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These days, finding an affordable place to live in the Cottonwood area can be challenging. Home prices in Cottonwood are now at a median cost of $365,441, lower than the California average of $812,006.
The average cost of rent is $1,415/mo in Cottonwood, primarily driven by the current value of real estate in the Cottonwood area. In Cottonwood, 24.03% of households rent, and 33.64% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Cottonwood is $7,915 per month. Households that rent pay about 17.88% of their income on rent here. Cottonwood’s most expensive areas are in the southern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Hooker, CA: equally priced homes
- Anderson, CA: less expensive homes
- Balls Ferry, CA: equally priced homes
- Gas Point, CA: equally priced homes
- Olinda, CA: equally priced homes
- Dales, CA: equally priced homes
- Red Bluff, CA: less expensive homes
- Palo Cedro, CA: higher priced homes
- Redding, CA: equally priced homes
- Millville, CA: higher priced homes
Cities with Similar Populations
- Brecksville, OH: equally priced homes
- Bay St. Louis, MS: less expensive homes
- Rifle, CO: equally priced homes
- Woodruff, SC: less expensive homes
- Woodland Park, NJ: higher priced homes
- Lake Forest Park, WA: higher priced homes
- River Ridge, LA: equally priced homes
- Rayne, LA: less expensive homes
- Florida, PR: less expensive homes
- Rosaryville, MD: higher priced homes
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