| Madera, CA | |
|---|---|
 | |
| State | California |
| Population | 64,833 |
| Links | |
| Maps | |
In comparison to the surrounding areas, Madera is a little more expensive, and it is similar compared to the rest of the country. Compared to the city of Fresno however, it is a bit less expensive.
The median home price in Madera is $224,100. It is about $24,220 (12%) higher in comparison to nearby areas.Compared to the entire nation it is roughly $6,600 (3%) higher, and compared to the city of Fresno it is about $17,900 (7%) lower.
In Madera the median monthly rent is $1,022. Compared to its surrounding areas this is about $21 (2%) lower.Compared to the rest of the nation it is approximately $40 (3%) lower, and is roughly $17 (1%) higher compared to the city of Fresno.
Parkwood is Madera's neighbor to the southeast. The real estate prices there are substantially less expensive. Parkwood's median home cost is $169,000, which is $55,100 (32%) lower than Madera. The rent there is a bit more expensive. In Parkwood the median monthly rent is $1,180, which comes out to $158 (13%) higher than Madera.
Parksdale is Madera's neighbor to the southeast. Its real estate prices are similar. The value of the median home in Parksdale is $218,500, which is $5,600 (2%) lower than Madera. Rents there are somewhat less expensive. Parksdale's median rent is $882 per month, which works out to $140 (15%) lower than Madera.
Madera Acres is Madera's neighbor to the north. The housing prices there are fairly similar. The median home in Madera Acres costs $234,500, which comes out to $10,400 (4%) higher than Madera. Its rents are a little more expensive. Madera Acres's median monthly rent is $1,286, which works out to $264 (20%) higher than Madera.
Fairmead is approximately 9 miles northwest from Madera. The real estate prices there are similar. The value of the median home in Fairmead is $221,200, which comes out to $2,900 (1%) lower than Madera. The rent there is somewhat less expensive. The median rent in Fairmead is $929 a month, which works out to $93 (10%) lower than Madera.
Biola is roughly 11 miles south from Madera. Its housing prices are a lot less expensive. The cost of the median home in Biola is $156,200, which works out to $67,900 (43%) lower than Madera. Rents there are somewhat less expensive. Biola's median monthly rent is $939, which comes out to $83 (8%) lower than Madera.