Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Petrolia area can be challenging. Home prices in Petrolia are now at a median cost of $511,327, lower than the California average of $648,235.
The average cost of rent is $1,298/mo in Petrolia, primarily driven by the current value of real estate in the Petrolia area. While nearly 71.19% of residents own their homes outright in Petrolia, 35.10% rent.
Housing affordability isn’t just about home prices, though. The average household income in Petrolia is $5,155 per month. Households that rent pay about 25.18% of their income on rent here. Petrolia's most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the city.
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