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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 $797,711, lower than the California average of $812,006.
The average cost of rent is $2,107/mo in Mendocino, primarily driven by the current value of real estate in the Mendocino area. In Mendocino, 20.55% of households rent, and 62.89% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Mendocino is $6,070 per month. Households that rent pay about 34.71% of their income on rent here. Mendocino’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
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