Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Fresno area can be challenging. Home prices in Fresno are now at a median cost of $274,648, lower than the California average of $648,235.
The average cost of rent is $1,271/mo in Fresno, primarily driven by the current value of real estate in the Fresno area. While nearly 35.03% of residents own their homes outright in Fresno, 44.46% rent.
Housing affordability isn’t just about home prices, though. The average household income in Fresno is $5,724 per month. Households that rent pay about 22.21% of their income on rent here. Fresno's most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Old Fig Garden, CA: equally priced homes
- Clovis, CA: higher priced homes
- Rolinda, CA: higher priced homes
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- Fowler, CA: higher priced homes
- Biola, CA: less expensive homes
- Sanger, CA: higher priced homes
- Del Rey, CA: less expensive homes
- Ripperdan, CA: higher priced homes
- Kerman, CA: equally priced homes
Cities with Similar Populations
- Redwood City, CA: higher priced homes
- Redmond, WA: higher priced homes
- Rochester, MN: equally priced homes
- Rio Rancho, NM: less expensive homes
- Richmond, TX: higher priced homes
- Rialto, CA: equally priced homes
- Reno, NV: higher priced homes
- Richmond, VA: equally priced homes
- Redlands, CA: higher priced homes
- Richardson, TX: higher priced homes
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