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Expensive
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These days, finding an affordable place to live in the Downtown Waterford area can be challenging. Home prices in Downtown Waterford are now at a median cost of $393,951, lower than the Waterford average of $459,306.
The average cost of rent is $1,570/mo in Downtown Waterford, primarily driven by the current value of real estate in the Downtown Waterford area. In Downtown Waterford, 47.54% of households rent, and 16.74% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Downtown Waterford is $7,292 per month. Households that rent pay about 21.53% of their income on rent here. Downtown Waterford’s most expensive areas are in the southeastern regions, while the cheapest areas are in the eastern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Mayfield, Ceres, CA: higher priced homes
- Downtown Oakdale, Oakdale, CA: equally priced homes
- Downtown Turlock, Turlock, CA: equally priced homes
- Crossroads-Riverbank, Riverbank, CA: higher priced homes
- Bystrom, Modesto, CA: less expensive homes
- Shackelford, Modesto, CA: less expensive homes
- Downtown Modesto, Modesto, CA: less expensive homes
- South Modesto Acres, Modesto, CA: less expensive homes
- West Modesto, Modesto, CA: less expensive homes
- Downtown Newman, Newman, CA: equally priced homes
Neighborhoods with Similar Populations
- Cooper Park, Milwaukee, WI: less expensive homes
- Greenwood, Warwick, RI: less expensive homes
- Austin Estates, Barberton, OH: less expensive homes
- Washington, Fargo, ND: less expensive homes
- Colonial Village, Teaneck, NJ: higher priced homes
- Downtown Lafayette, Lafayette, CA: higher priced homes
- Ridgeview Estates, Bakersfield, CA: less expensive homes
- Niles Junction, Fremont, CA: higher priced homes
- Murphy Creek, Aurora, CO: higher priced homes
- Winnona Park, Decatur, GA: higher priced homes
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