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Rental Market Trends in Merced, CA

What is the average rent in Merced, CA?

$1,216/month

Average Rent

599 Sq Ft

Average Apartment Size

+1.4%

Increase in the Last Year

As of July 2025, the average rent in Merced, CA is $1,216 per month. This is 26% lower than the national average rent of $1,637/month, making renting in Merced more affordable than most cities in the US. When you rent an apartment in Merced, you can expect to pay about $751 per month for a studio, $1,216 for a one-bedroom apartment, and around $1,430 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,610 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$751/month
402 Sq Ft
One Bedroom
$1,216/month
599 Sq Ft
Two Bedroom
$1,430/month
888 Sq Ft
Three Bedroom
$1,610/month
1,054 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$953/month
189 Sq Ft
Two Bedroom
$1,483/month
591 Sq Ft
Three Bedroom
$2,233/month
1,501 Sq Ft
Four Bedroom
$2,587/month
2,100 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Merced, CA?

In the past year, rent has increased by 1.4%, which averages out to $17 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated July 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Merced, CA
Last Updated July 2025
Below $701
Most rental prices fall within this range
Rent Ranges in Merced, CA
Percentage*
Rent Range
35% Below $700/month
26% $700 - $1,000/month
20% $1,001 - $1,500/month
20% $1,501 - $2,000/month
0% Above $2,000/month

What salary do I need to live comfortably in Merced, CA?

Because the average rent in Merced is $1,216, you’ll want to make about $4,053 per month or $48,636 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Merced, CA

240 Available Apartments for Rent

Search for Nearby Apartments

How does Merced, CA compare to other nearby cities and neighborhoods?

Use the tool below to compare Merced, CA to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Apartment Averages

Nearby City Rent Trends

  • Atwater Average Rent
  • Chowchilla Average Rent

Apartment communities in Merced we think you'll love

The Hub - Merced

The Hub - Merced

2220 E Yosemite Ave,
Merced, CA 95340

1-3 Beds | $1,170 - $1,475

Merced Station

Merced Station

2980 E Yosemite Ave,
Merced, CA 95340

2-4 Beds | $599 - $1,310

2355 K St

2355 K St

2355 K St,
Merced, CA 95340

Studio | $975

Castle Apartments

Castle Apartments

3044 G St,
Merced, CA 95340

1-2 Beds | $1,459 - $1,759

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United States California Merced Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity