Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Palo Cedro area can be challenging. Home prices in Palo Cedro are now at a median cost of $431,762, lower than the California average of $648,235.
The average cost of rent is $1,796/mo in Palo Cedro, primarily driven by the current value of real estate in the Palo Cedro area. While nearly 28.88% of residents own their homes outright in Palo Cedro, 10.73% rent.
Housing affordability isn’t just about home prices, though. The average household income in Palo Cedro is $8,481 per month. Households that rent pay about 21.18% of their income on rent here. Palo Cedro's most expensive areas are in the northern regions, while the cheapest areas are in the southeastern parts of the city.
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