The Most Affordable Neighborhoods in Downtown Waterford, Waterford, CA by Home Value

 

Downtown Waterford, Waterford, CA Map of Most Affordable Neighborhoods
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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.


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