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Affordable
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These days, finding an affordable place to live in the Murrieta area can be challenging. Home prices in Murrieta are now at a median cost of $673,081, lower than the California average of $812,006.
The average cost of rent is $2,662/mo in Murrieta, primarily driven by the current value of real estate in the Murrieta area. In Murrieta, 27.53% of households rent, and 22.23% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Murrieta is $10,719 per month. Households that rent pay about 24.84% of their income on rent here. Murrieta’s most expensive areas are in the southwestern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
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Cities with Similar Populations
- Ann Arbor, MI: less expensive homes
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- Acworth, GA: less expensive homes
- Albuquerque, NM: less expensive homes
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