Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Merced Falls area can be challenging. Home prices in Merced Falls are now at a median cost of $312,667, lower than the California average of $648,235.
The average cost of rent is $1,302/mo in Merced Falls, primarily driven by the current value of real estate in the Merced Falls area. While nearly 34.60% of residents own their homes outright in Merced Falls, 32.26% rent.
Housing affordability isn’t just about home prices, though. The average household income in Merced Falls is $5,153 per month. Households that rent pay about 25.27% of their income on rent here. Merced Falls's most expensive areas are in the western regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Lake Don Pedro, CA: less expensive homes
- La Grange, CA: equally priced homes
- Hornitos, CA: less expensive homes
- Snelling, CA: higher priced homes
- Mount Bullion, CA: less expensive homes
- Catheys Valley, CA: higher priced homes
- Hickman, CA: higher priced homes
- Cressey, CA: higher priced homes
- Midpines, CA: equally priced homes
- Ballico, CA: higher priced homes
Cities with Similar Populations
- Nisson, WA: less expensive homes
- New Frankfort, IN: less expensive homes
- New Geneva, PA: less expensive homes
- New Grenada, PA: less expensive homes
- New Harrison, OH: less expensive homes
- New London, AR: less expensive homes
- New Market, MO: less expensive homes
- New Rumley, OH: less expensive homes
- New Russia, NY: less expensive homes
- New Salem, IL: less expensive homes
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