
Home Price Key
These days, finding an affordable place to live in the Manchester area can be challenging. Home prices in Manchester are now at a median cost of $529,118, lower than the California average of $648,235.
The average cost of rent is $1,148/mo in Manchester, primarily driven by the current value of real estate in the Manchester area. While nearly 43.39% of residents own their homes outright in Manchester, 47.25% rent.
Housing affordability isn’t just about home prices, though. The average household income in Manchester is $6,275 per month. Households that rent pay about 18.29% of their income on rent here. Manchester's most expensive areas are in the northern regions, while the cheapest areas are in the southern parts of the city.
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