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Avenal

Learn about the people, housing, costs and businesses in Avenal, California

Median Home$227,543
Median Rent$1,015/month
Population13,614
Leading IndustriesAgriculture & Mining · Construction · Transportation43% agriculture & mining
Home Value Growth⬆⬆+14.2% over 2 years
Young Adults40% of residentstop 3% nationally
Renters55% of occupied units
Avenal
CA

Frequently Asked Questions

What are today's mortgage rates in Avenal?

As of today, the 30-year fixed mortgage rate for Avenal is approximately 6.957% (6.998% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Avenal?

The median home value in Avenal is $228k. The median monthly rent is $1,015. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Avenal?

Home values in Avenal have increased 14.2% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Avenal?

Based on a typical all-in ownership cost of $1,058/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $45k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Avenal is $56k/year.

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What industries drive the economy in Avenal?

The largest employment sectors in Avenal are agriculture and mining (43%) and construction (42%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.