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These days, finding an affordable place to live in the El Cerrito area can be challenging. Home prices in El Cerrito are now at a median cost of $1,048,095, higher than the California average of $812,006.
The average cost of rent is $2,910/mo in El Cerrito, primarily driven by the current value of real estate in the El Cerrito area. In El Cerrito, 40.49% of households rent, and 35.95% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in El Cerrito is $11,877 per month. Households that rent pay about 24.50% of their income on rent here. El Cerrito’s most expensive areas are in the eastern 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
- Albany, CA: higher priced homes
- Richmond, CA: less expensive homes
- El Sobrante, CA: less expensive homes
- Berkeley, CA: higher priced homes
- San Pablo, CA: less expensive homes
- North Richmond, CA: less expensive homes
- Orinda Village, CA: higher priced homes
- Pinole, CA: less expensive homes
- Emeryville, CA: less expensive homes
- Hercules, CA: less expensive homes
Cities with Similar Populations
- West Islip, NY: less expensive homes
- Bloomsburg, PA: less expensive homes
- Blythewood, SC: less expensive homes
- Brawley, CA: less expensive homes
- Brenham, TX: less expensive homes
- Bridgewater, MA: less expensive homes
- Edgewater, FL: less expensive homes
- Wakefield, MA: less expensive homes
- Watertown, WI: less expensive homes
- Wayne, PA: less expensive homes
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