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These days, finding an affordable place to live in the Placerville area can be challenging. Home prices in Placerville are now at a median cost of $1,138,006, higher than the Colorado average of $579,698.
The average cost of rent is $1,979/mo in Placerville, primarily driven by the current value of real estate in the Placerville area. In Placerville, 18.34% of households rent, and 48.45% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Placerville is $7,549 per month. Households that rent pay about 26.22% of their income on rent here. Placerville’s most expensive areas are in the southeastern 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.
Nearby Cities
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Cities with Similar Populations
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