Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Madera area can be challenging. Home prices in Madera are now at a median cost of $269,542, lower than the California average of $648,235.
The average cost of rent is $1,275/mo in Madera, primarily driven by the current value of real estate in the Madera area. While nearly 34.42% of residents own their homes outright in Madera, 43.68% rent.
Housing affordability isn’t just about home prices, though. The average household income in Madera is $5,395 per month. Households that rent pay about 23.63% of their income on rent here. Madera's most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Madera Acres, CA: equally priced homes
- Parkwood, CA: higher priced homes
- Ripperdan, CA: higher priced homes
- La Vina, CA: less expensive homes
- Bonadelle Ranchos-Madera Ranchos, CA: higher priced homes
- Daulton, CA: higher priced homes
- Fairmead, CA: higher priced homes
- Biola, CA: less expensive homes
- Friant, CA: higher priced homes
- Clovis, CA: higher priced homes
Cities with Similar Populations
- Richmond, CA: higher priced homes
- Rockville, MD: higher priced homes
- Redmond, WA: higher priced homes
- Riverview, FL: less expensive homes
- Redlands, CA: higher priced homes
- Richardson, TX: higher priced homes
- Redwood City, CA: higher priced homes
- Rialto, CA: equally priced homes
- Reno, NV: higher priced homes
- Gulfport, MS: less expensive homes
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