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These days, finding an affordable place to live in the Morena area can be challenging. Home prices in Morena are now at a median cost of $788,247, lower than the California average of $812,006.
The average cost of rent is $1,630/mo in Morena, primarily driven by the current value of real estate in the Morena area. In Morena, 10.56% of households rent, and 40.63% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Morena is $10,643 per month. Households that rent pay about 15.32% of their income on rent here. Morena’s most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Flinn Springs, CA: equally priced homes
- Lakeside, CA: less expensive homes
- Santee, CA: equally priced homes
- Ramona, CA: equally priced homes
- Bostonia, CA: less expensive homes
- Alpine, CA: equally priced homes
- El Cajon, CA: less expensive homes
- Poway, CA: higher priced homes
- Descanso, CA: less expensive homes
- Pine Hills, CA: less expensive homes
Cities with Similar Populations
- Sycamore, DE: less expensive homes
- Friendly, WV: less expensive homes
- Fristoe, MO: less expensive homes
- Frontenac, MN: less expensive homes
- Fruitland, UT: less expensive homes
- Gambell, AK: less expensive homes
- Glen Flora, WI: less expensive homes
- Steadman, GA: less expensive homes
- Stony Creek, NY: less expensive homes
- Summerfield, TX: less expensive homes
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