Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Merritt area can be challenging. Home prices in Merritt are now at a median cost of $470,400, higher than the Washington average of $453,663.
The average cost of rent is $1,055/mo in Merritt, primarily driven by the current value of real estate in the Merritt area. While nearly 56.37% of residents own their homes outright in Merritt, 9.56% rent.
Housing affordability isn’t just about home prices, though. The average household income in Merritt is $5,143 per month. Households that rent pay about 20.51% of their income on rent here. Merritt's most expensive areas are in the southwestern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Winton, WA: equally priced homes
- Telma, WA: equally priced homes
- Plain, WA: equally priced homes
- Leavenworth, WA: equally priced homes
- Chumstick, WA: higher priced homes
- Skykomish, WA: less expensive homes
- Peshastin, WA: higher priced homes
- Lucerne, WA: equally priced homes
- Dryden, WA: higher priced homes
- Miller River, WA: less expensive homes
Cities with Similar Populations
- Adrian, WA: less expensive homes
- Zigzag, OR: equally priced homes
- Zepp, VA: less expensive homes
- Wren, AL: less expensive homes
- Willisville, IN: less expensive homes
- Ballentine, MS: less expensive homes
- Badger Lee, OK: less expensive homes
- Ava, OH: less expensive homes
- Auvergne, AR: less expensive homes
- Atlanta, ID: less expensive homes
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