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Affordable
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These days, finding an affordable place to live in the Nipomo area can be challenging. Home prices in Nipomo are now at a median cost of $809,635, lower than the California average of $812,006.
The average cost of rent is $2,120/mo in Nipomo, primarily driven by the current value of real estate in the Nipomo area. In Nipomo, 30.95% of households rent, and 36.92% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Nipomo is $9,517 per month. Households that rent pay about 22.28% of their income on rent here. Nipomo’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
- Los Berros, CA: higher priced homes
- Guadalupe, CA: less expensive homes
- Santa Maria, CA: less expensive homes
- Arroyo Grande, CA: higher priced homes
- Huasna, CA: higher priced homes
- Midco, CA: higher priced homes
- Oceano, CA: less expensive homes
- Grover Beach, CA: equally priced homes
- Halcyon, CA: higher priced homes
- Pismo Beach, CA: higher priced homes
Cities with Similar Populations
- Frankfort, IL: less expensive homes
- Tukwila, WA: less expensive homes
- Troy, MO: less expensive homes
- Troy, AL: less expensive homes
- Travelers Rest, SC: less expensive homes
- Timberwood Park, TX: less expensive homes
- Thomaston, GA: less expensive homes
- The Crossings, FL: less expensive homes
- Talladega, AL: less expensive homes
- Sunset, FL: less expensive homes
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