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These days, finding an affordable place to live in the Fremont area can be challenging. Home prices in Fremont are now at a median cost of $1,362,595, higher than the California average of $812,006.
The average cost of rent is $3,066/mo in Fremont, primarily driven by the current value of real estate in the Fremont area. In Fremont, 39.41% of households rent, and 27.60% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Fremont is $15,527 per month. Households that rent pay about 19.75% of their income on rent here. Fremont’s most expensive areas are in the northeastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Newark, CA: less expensive homes
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- Milpitas, CA: equally priced homes
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- Pleasanton, CA: higher priced homes
- Cherryland, CA: less expensive homes
Cities with Similar Populations
- Roswell, GA: less expensive homes
- Round Rock, TX: less expensive homes
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- Saginaw, MI: less expensive homes
- Rogers, AR: less expensive homes
- Redondo Beach, CA: equally priced homes
- Portsmouth, VA: less expensive homes
- Roanoke, VA: less expensive homes
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