Market Summary

Covelo, Mendocino County, CA

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Median Home Price Price

$276,661 $276.7K

Median Monthly Rent Rent

$1,117 $1.1K

GRM

21.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Mendocino County

Region Price Rent GRM Display
$356,304 $1,457 20.0x
$327,687 $1,613 17.0x
$478,457 $1,506 27.0x
$546,385 $1,314 35.0x
$580,967 $2,518 19.0x

Home prices

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Monthly rent

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GRM

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Similar markets within CA outside of Mendocino County

Region Price Rent GRM Display
$492,373 $1,167 35.0x
$577,578 $2,114 23.0x
$278,250 $1,281 18.0x
$313,540 $1,167 22.0x
$307,496 $1,363 19.0x
$441,717 $1,459 25.0x
$490,900 $1,549 26.0x
$166,746 $956 15.0x
$388,479 $1,359 24.0x
$446,871 $1,282 29.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of CA

Region Price Rent GRM Display
$138,530 $1,067 11.0x
$293,507 $963 25.0x
$172,864 $950 15.0x
$152,762 $1,153 11.0x
$517,137 $1,944 22.0x
$142,163 $1,402 8.0x
$472,457 $1,323 30.0x
$223,423 $1,116 17.0x
$408,062 $1,322 26.0x
$193,159 $976 17.0x
$438,637 $1,354 27.0x
$484,340 $1,869 22.0x
$132,618 $800 14.0x
$186,149 $1,094 14.0x
$201,185 $1,421 12.0x
$134,533 $1,075 10.0x
$129,583 $946 12.0x
$205,158 $1,059 16.0x
$231,532 $1,043 19.0x
$129,725 $1,188 9.0x
$1,004,899 $4,292 20.0x
$103,751 $574 15.0x

Home prices

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Monthly rent

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GRM

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Covelo

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Trend Insights

Median Rent in Covelo, CA is $1,117, with MoM change +$4 and YoY change +$38 pointing to positive momentum while volatility is low (std $7).

Benchmark Markets Side by Side

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Metric
Base market Covelo, CA
Compare market Select a market
Delta vs base
Median rent
$1,117
N/A
Median price
$276,661
N/A
YoY change
+$38
N/A
Price-to-rent
20.6x
Data unavailable
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