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These days, finding an affordable place to live in the Waterford area can be challenging. Home prices in Waterford are now at a median cost of $459,306, lower than the California average of $812,006.
The average cost of rent is $1,538/mo in Waterford, primarily driven by the current value of real estate in the Waterford area. In Waterford, 40.64% of households rent, and 27.70% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Waterford is $7,087 per month. Households that rent pay about 21.70% of their income on rent here. Waterford’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Hickman, CA: higher priced homes
- Hughson, CA: higher priced homes
- Empire, CA: equally priced homes
- Denair, CA: higher priced homes
- Oakdale, CA: higher priced homes
- Keyes, CA: equally priced homes
- Turlock, CA: equally priced homes
- Ceres, CA: equally priced homes
- Riverbank, CA: equally priced homes
- Modesto, CA: equally priced homes
Cities with Similar Populations
- South Apopka, FL: less expensive homes
- Celebration, FL: higher priced homes
- Centerville, GA: less expensive homes
- Centerville, MA: higher priced homes
- Central, SC: less expensive homes
- Chadds Ford, PA: higher priced homes
- Chalco, NE: less expensive homes
- Chamblee, GA: equally priced homes
- Charlton, MA: equally priced homes
- Chillicothe, IL: less expensive homes
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