Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Merced County area can be challenging. Home prices in Merced County are now at a median cost of $310,582, lower than the California average of $648,235.
The average cost of rent is $1,197/mo in Merced County, primarily driven by the current value of real estate in the Merced County area. While nearly 38.77% of residents own their homes outright in Merced County, 47.26% rent.
Housing affordability isn’t just about home prices, though. The average household income in Merced County is $5,305 per month. Households that rent pay about 22.57% of their income on rent here. Merced County's most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern parts of the county.
Nearby Counties
- Santa Clara County, CA: higher priced homes
- Inyo County, CA: equally priced homes
- Washington County, UT: higher priced homes
- Kane County, UT: less expensive homes
- Montezuma County, CO: less expensive homes
- La Plata County, CO: higher priced homes
- Archuleta County, CO: higher priced homes
- Conejos County, CO: less expensive homes
- Costilla County, CO: less expensive homes
- Las Animas County, CO: less expensive homes
Counties with Similar Populations
- Oneida County, NY: less expensive homes
- Luzerne County, PA: less expensive homes
- Marion County, FL: less expensive homes
- McLennan County, TX: less expensive homes
- Muscogee County, GA: less expensive homes
- New Hanover County, NC: equally priced homes
- New London County, CT: less expensive homes
- Norfolk City, VA: less expensive homes
- Northampton County, PA: less expensive homes
- Nueces County, TX: less expensive homes
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