Much like other places in this area, it's somewhat more expensive compared to the rest of the nation. However compared to the city of Los Angeles, it is a lot less expensive.
Home prices
The median home in Perris is valued at $281,600. It is approximately $10,600 (3%) higher compared to its nearby areas.In comparison to the United States as a whole it is about $64,100 (29%) higher, and is roughly $355,300 (55%) lower compared to the city of Los Angeles.
Rents
Perris's median rent is $1,422 per month. It is roughly $166 (13%) higher in comparison to other places in this area.It is roughly $360 (33%) higher in comparison to the United States as a whole, and compared to the city of Los Angeles is approximately $28 (1%) lower.
Nearby places
Good Hope
Good Hope is Perris's neighbor to the southwest. Real estate prices there are somewhat less expensive. Good Hope's median home cost is $233,600, which comes out to $48,000 (20%) lower than Perris. Rent there is a little less expensive. In Good Hope the median monthly rent is $1,121, which is $301 (26%) lower than Perris.
Romoland
Romoland is Perris's neighbor to the southeast. Its housing prices are a bit more expensive. The price of the median home in Romoland is $313,600, which comes out to $32,000 (10%) higher than Perris. The rent there is pretty similar. In Romoland the median rent is $1,375 per month, which is $47 (3%) lower than Perris.
Mead Valley
Mead Valley is Perris's neighbor to the northwest. Real estate prices there are similar. The median home in Mead Valley is valued at $268,900, which comes out to $12,700 (4%) lower than Perris. Its rents are a little less expensive. In Mead Valley the median monthly rent is $1,265, which works out to $157 (12%) lower than Perris.
Meadowbrook
Meadowbrook is Perris's neighbor to the southwest. Real estate prices there are a little less expensive. The price of the median home in Meadowbrook is $214,300, which is $67,300 (31%) lower than Perris. Rent there is a bit less expensive. In Meadowbrook the median rent is $1,173 a month, which comes out to $249 (21%) lower than Perris.
Nuevo
Nuevo is roughly 4 miles east of Perris. Housing prices there are a little more expensive. Nuevo's median home cost is $324,600, which comes out to $43,000 (13%) higher than Perris. Rents there are a little less expensive. Nuevo's median monthly rent is $1,346, which works out to $76 (5%) lower than Perris.
