Disclaimer: Covid-19 may have impacted rent prices in a way that is not yet reflected in our reports. When referencing the data published on this page, please keep in mind that the data provided here may not accurately depict the current reality of the market.
Merced City, CA Rental Market Trends
What is the average rent in Merced City?
The average rent for an apartment in Merced City is $1,212. The cost of rent varies depending on several factors, including location, size, and quality.
Average Rent in Merced City, CA
Last updated November 2021
| Average Rent | Average Apartment Size |
|---|---|
| $1,212 | 844 sq. ft. |
What is the average apartment size in Merced City?
The average size for a Merced City, CA apartment is 844 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Merced City, CA Apartment Rent Ranges
Merced City, CA Occupied Housing Units
7,818 or 30% of the households in Merced City, CA are renter-occupied while 17,672 or 69% are owner-occupied.
Merced City, CA Rent Trends
| Average Rent | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | Mar / 2021 | Jul / 2021 | Nov / 2021 |
|---|---|---|---|---|---|---|---|---|---|---|
| Merced City, CA | $1,031 | $1,038 | $1,043 | $1,079 | $1,106 | $1,067 | $1,095 | $1,127 | $1,155 | $1,212 |
| National | $1,340 | $1,344 | $1,376 | $1,384 | $1,387 | $1,379 | $1,383 | $1,393 | $1,476 | $1,572 |
How Merced City Compares to Other Cities
| City | Average Rent |
|---|---|
| Los Angeles | $2,563 |
| San Francisco | $3,244 |
| East Bay | $2,440 |
| San Diego | $2,610 |
| Long Beach | $2,444 |
| Merced City | $1,212 |
Most Popular Apartments in Merced City
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Merced City apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.