Rentometer, Inc. | Data as of 10/23/2025
Merced, a vibrant city in California’s Central Valley, blends a rich agricultural heritage with the energy of a growing university community. Anchored by the University of California, Merced, and close to scenic attractions such as the Merced River and nearby national parks, the city offers an appealing mix of cultural events, outdoor recreation, and convenient access to the larger Bay Area. Its downtown corridor, historic Castle Mall district, and revitalized Riverwalk area provide residents with cafés, boutiques, and a lively arts scene, making Merced an increasingly popular destination for professionals, students, and families alike.
The local rental market reflects this diversity, offering both apartments and single‑family homes across a range of sizes. Studio apartments typically fall in the $1200s, while one‑bedroom units hover around the $1300s, and two‑bedroom apartments often land in the $1500s to $1600s. Larger three‑ and four‑plus bedroom apartments reach the $1900s and $2000s respectively. For house rentals, studios and one‑bedroom homes are generally priced in the $1100s, two‑bedroom homes around $1650, three‑bedroom homes near $2070, and larger four‑plus bedroom houses approach the $2400s. Neighborhoods such as the historic Downtown Merced, the family‑friendly West Campus area, and the newer developments near Highway 99 each offer distinct housing options, from modern apartment complexes to spacious suburban homes.
Prospective renters can expect a balanced mix of affordability and amenities, with many properties featuring updated interiors, on‑site laundry, and convenient parking. Whether you’re seeking a compact studio close to campus, a comfortable family home near top‑rated schools, or a spacious apartment with easy highway access, Merced’s rental landscape provides flexible choices that cater to a variety of lifestyles and budgets. The city’s steady economic growth and ongoing revitalization projects continue to enhance the appeal of Merced rentals for long‑term residents and newcomers alike.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $1,241 | $1,300 | $975 - $1,450 | $975 - $1,450 |
| Apartment | 1 Bedroom | $1,347 | $1,372 | $950 - $1,695 | $1,240 - $1,525 |
| Apartment | 2 Bedroom | $1,527 | $1,582 | $840 - $1,895 | $1,429 - $1,700 |
| Apartment | 3 Bedroom | $1,864 | $1,975 | $1,270 - $2,399 | $1,565 - $1,995 |
| Apartment | 4+ Bedroom | $1,361 | $1,185 | $1,100 - $1,800 | $1,100 - $1,800 |
| House | 1 Bedroom | $1,015 | $1,050 | $770 - $1,300 | $850 - $1,200 |
| House | 2 Bedroom | $1,664 | $1,625 | $1,300 - $2,250 | $1,495 - $1,800 |
| House | 3 Bedroom | $2,091 | $2,075 | $990 - $5,000 | $1,950 - $2,200 |
| House | 4+ Bedroom | $2,415 | $2,350 | $550 - $6,500 | $2,200 - $2,500 |
In the current period, the average rent in Merced was $1,165 for Studio, $1,247 for 1 Bedroom, $1,597 for 2 Bedroom, $2,082 for 3 Bedroom, and $2,308 for 4+ Bedroom.
Data provided by Rentometer, Inc.