The Most Affordable Neighborhoods in Mormon Bar, CA by Home Value

 

Mormon Bar, CA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Mormon Bar area can be challenging. Home prices in Mormon Bar are now at a median cost of $425,531, lower than the California average of $812,006.

The average cost of rent is $1,417/mo in Mormon Bar, primarily driven by the current value of real estate in the Mormon Bar area. In Mormon Bar, 27.14% of households rent, and 46.98% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Mormon Bar is $7,033 per month. Households that rent pay about 20.14% of their income on rent here. Mormon Bar’s most expensive areas are in the central regions, while the cheapest areas are in the northwestern 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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