Housing & Real Estate — Palermo, California

Overview

Total Housing Units2,330
Occupied2,067
Vacant263
Owner-Occupied1,355
Renter-Occupied712
Median Home Value (Census)$283,000
Estimated 2026~$322,000
Median Rent$1,067/mo
Median Property Tax$1,853/yr

Affordability

Home Price to Income RatioN/Ax
Home Affordabilityexpensive
Rent as % of Income25.3%
Severely Rent-Burdened58.9%

Housing Age

Built 2010 or later128
Built 2000-2009384
Built 1990-1999343
Built before 1960472
Median Year Built1980
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.