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Rental Market Trends in Merced, CA

What is the average rent in Merced, CA?

$1,187/month

Average Rent

632 Sq Ft

Average Apartment Size

-1%

Decrease in the Last Year

As of February 2026, the average rent in Merced, CA is $1,187 per month. This is 27% lower than the national average rent of $1,626/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 $740 per month for a studio, $1,187 for a one-bedroom apartment, and around $1,449 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,637 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$740/month
402 Sq Ft
One Bedroom
$1,187/month
632 Sq Ft
Two Bedroom
$1,449/month
928 Sq Ft
Three Bedroom
$1,637/month
1,116 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,137/month
179 Sq Ft
Two Bedroom
$1,650/month
674 Sq Ft
Three Bedroom
$2,104/month
1,402 Sq Ft
Four Bedroom
$2,272/month
1,965 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 decreased by 1%, which averages out to $11 less per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated February 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Merced, CA
Last Updated February 2026
Below $701
Most rental prices fall within this range
Rent Ranges in Merced, CA
Percentage*
Rent Range
33% Below $700/month
24% $700 - $1,000/month
22% $1,001 - $1,500/month
22% $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 $1,187, you’ll want to make about $3,956 per month or $47,472 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

263 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.

Explore the Area Guide for Merced, CA

Apartment Averages

Nearby City Rent Trends

  • Atwater Average Rent
  • Chowchilla Average Rent

Apartment communities in Merced we think you'll love

Merced Station

Merced Station

2980 E Yosemite Ave,
Merced, CA 95340

$549 - $1,279

2-4 Beds

The Hub Merced

The Hub Merced

2220 E Yosemite Ave,
Merced, CA 95340

$1,049 - $1,375

1-3 Beds

Swiss Colony

Swiss Colony

3075 Park Ave,
Merced, CA 95348

$1,300 - $2,200 Total Monthly Price

Studio - 3 Beds

Village Terrace

Village Terrace

3827 San Jose Ave,
Merced, CA 95348

$1,495 - $1,935

1-3 Beds

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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 February 2026.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity