Merced, CA Rental Market Trends
The average rent for an apartment in Merced is $1,079, a 5% increase compared to the previous year, when the average rent was $1,031.
Average Rent in Merced, CA
|Average Rent||Y-o-Y Change||Average Apartment Size|
|$1,079||5%||844 sq. ft.|
The average size for a Merced, 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, CA Apartment Rent Ranges
Merced, CA Occupied Housing Units
- Renter-occupied Households29%
- Owner-occupied Households70%
7,594 or 29% of the households in Merced, CA are renter-occupied while 17,897 or 70% are owner-occupied.
Merced, CA Rent Trends
|Mar / 2017||Jul / 2017||Nov / 2017||Mar / 2018||Jul / 2018||Nov / 2018||Mar / 2019||Jul / 2019||Jan / 2020|
How Merced Compares to Other Cities
|Average Rent||Y-o-Y Change|
For more information about the Merced rental trends, check out our monthly rent report
Curious about listings in your area? Check out our apartments near you for more details!