
Home Price Key
These days, finding an affordable place to live in the Mendocino area can be challenging. Home prices in Mendocino are now at a median cost of $624,565, lower than the California average of $648,235.
The average cost of rent is $1,687/mo in Mendocino, primarily driven by the current value of real estate in the Mendocino area. While nearly 52.03% of residents own their homes outright in Mendocino, 30.36% rent.
Housing affordability isn’t just about home prices, though. The average household income in Mendocino is $4,852 per month. Households that rent pay about 34.78% of their income on rent here. Mendocino's most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the city.
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