How many apartments are available in 95340 on Rentable.co?

Rentable.co has 33 apartments available for rent in 95340.

What is the average rent for an apartment in 95340?

The average rent for an apartment in 95340 is around $1,350 per month.

What is the average rent for a one-bedroom apartment in 95340?

The average rent for a one-bedroom apartment in 95340 is around $1,095 per month.

What is the average rent for a two-bedroom apartment in 95340?

The average rent for a two-bedroom apartment in 95340 is around $1,350 per month.

What is the average rent for a studio apartment in 95340?

The average rent for a studio apartment in 95340 is around $1,100 per month.

Apartments in 95340

Merced:
September Rent Report

Welcome to the September 2024 Merced Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the September 2024 key findings and figures for the Merced rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Merced and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Merced average rent prices in the chart below.

Monthly Rent Report

$1,550

$1,160

$780

$390

Oct. 2023

Nov. 2023

Dec. 2023

Jan. 2024

Feb. 2024

Mar. 2024

Apr. 2024

May. 2024

Jun. 2024

Jul. 2024

Aug. 2024

Sep. 2024

1 BR 2 BR

Merced Rent Prices Decrease From August to September

Merced rent prices decreased over the last month. From August to September, the city experienced a -0.63% decrease for the price of a one-bedroom apartment. The rent price for a Merced one-bedroom apartments currently stands at $1,104.0.

When we take a look at the two-bedroom comparison from August to September, Merced experienced a -1.53% decrease for the price of a two-bedroom apartment. The rent price for a Merced two-bedroom apartments currently stands at $1,353.0.

September Prices: Merced vs. Surrounding Areas

Los Banos, CA

Merced, CA

Atwater, CA

$1,195

$1,111

$989

$400

$800

$1,200

$1,600

Median 1 BR Rent

Rent Prices in Merced and Surrounding Areas

Rent prices have decreased in Merced over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Merced suburbs increased last month. On the other hand, 2 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

Rents did not increase in any of the Merced suburbs
Rent decreased in Los Banos, CA, Atwater, CA.
1 suburb is currently priced higher than the city of Merced.
1 suburb is currently priced lower than the city of Merced.

September 2024 Pricing Trends: Merced vs. National Comparisons

New York, NY

San Francisco, CA

Washington, DC

Los Angeles, CA

Chicago, IL

Columbus, OH

Minneapolis, MN

Pittsburgh, PA

Merced, CA

$4,195

$3,010

$2,365

$2,344

$1,862

$1,378

$1,226

$1,145

$1,111

$1,400

$2,800

$4,200

$5,600

Median Rent

Merced Rent Prices More Affordable Than Major Cities

Rent growth in Merced over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Merced average rent prices appear to be relatively affordable for local residents.

The price for a Merced one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Merced and surrounding area rent prices, take a look at the complete data set below.

Data set for Merced and suburbs

	1 BR September	1 BR M/M % Change	2 BR September	2 BR M/M % Change
Merced, CA	$1,111.0	-1.24%	$1,374.0	-1.01%
Los Banos, CA	$1,195.0	0.00%	$1,599.0	2.57%
Atwater, CA	$989.0	0.00%	$1,283.0	1.58%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.