Property prices for rent in Merced (California)

The rent prices in real estate in Merced, in the California region have barely changed in the last couple of months. There have hardly been any changes in the rent prices in this city.

$1,339.67
Average price last 6 months
$0.99
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Merced has barely changed in the last 6 months. In June, the average price per sq.feet was $0.98. In the following month the price per sq.feet rose considerably to $1.13. The price for the following two months in (August, September) fell 85 % with regard to the previous two months. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $0.98 to $1.02 during October y November

Average price

When referring to the price in Merced (cities), this has fallen in the last 6 months. In our first sample month during June, the average price is $1,407. In July This price remains at $1,454. During the following two months (August, September) the average price had a considerable fall of 82 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has increased 108 % during the last two months.

Average price per bedrooms

The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $1,450 they are 36 % more affordable than the average price for Merced . The properties with the highest average price have 4 bedrooms, Their price is 20 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,572.

With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $0.92 / sq.feet, with an average $1.03 / sq.feet price in Merced. The properties with the most expensive average prices have 1 bedroom. They are 23 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.18 / sq.feet.

Price per property type

The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $1,450 it is 29 % more affordable than the average price in Merced. "Commercial" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Office". At a price of $1,381 it is 19 % more expensive than the average price.

According to the average cost per sq.feet, the most affordable property is "Commercial" at an average price of $0.77 / sq.feet followed by "House" priced at $0.94 / sq.feet. "Townhouse" is the most expensive type of property with a $26 / sq.feet value followed by "Apartment" with an average price of $1.18 / sq.feet.

Charts data
Average price November
Average price per sq.feet November
Number of properties used in Merced
Number of properties used in region California
$1,450
$1.03
1,012
371,622
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value