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These days, finding an affordable place to live in the Covelo area can be challenging. Home prices in Covelo are now at a median cost of $459,960, lower than the California average of $812,006.
The average cost of rent is $984/mo in Covelo, primarily driven by the current value of real estate in the Covelo area. In Covelo, 46.21% of households rent, and 63.73% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Covelo is $3,608 per month. Households that rent pay about 27.28% of their income on rent here. Covelo’s most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Dos Rios, CA: equally priced homes
- Laytonville, CA: less expensive homes
- Island Mountain, CA: less expensive homes
- Cummings, CA: equally priced homes
- Leggett, CA: less expensive homes
- Branscomb, CA: less expensive homes
- Harris, CA: equally priced homes
- Willits, CA: equally priced homes
- Zenia, CA: less expensive homes
- Muir, CA: higher priced homes
Cities with Similar Populations
- Buffalo, SC: less expensive homes
- Cunningham, TN: less expensive homes
- Dundas, MN: less expensive homes
- Saltsburg, PA: less expensive homes
- Ingalls, IN: less expensive homes
- Jenkinsburg, GA: less expensive homes
- Marshall, AR: less expensive homes
- Maybee, MI: less expensive homes
- Montague, CA: less expensive homes
- Portersville, PA: less expensive homes
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