Mortgage payment estimates, closing cost breakdowns, and homebuying data for Turlock, California.
Median Home Price
$395K
Population
75K
Avg Monthly Rent
$1,450
Property Tax Rate
0.73% *
* Property tax shown is the California state average effective rate. Actual rates vary by county, city, and school district — check with your local assessor for exact rates in Turlock.
Turlock vs California Median
The median home price in Turlock is $395,000, which is 50% below the California state median of $785,000.
Mortgage Calculator — Turlock, CA
Pre-filled with Turlock median home price and California tax/insurance rates. Adjust for your property.
Three down payment scenarios for a $395K home using California's 0.73% tax rate and $2,200/yr insurance.
5% Down
$3,014/mo
Down: $19,750
Loan: $375K
P&I: $2,372
Tax: $240
Insurance: $183
PMI: $219
10% Down
$2,878/mo
Down: $39,500
Loan: $356K
P&I: $2,247
Tax: $240
Insurance: $183
PMI: $207
20% Down (No PMI)
$2,421/mo
Down: $79,000
Loan: $316K
P&I: $1,997
Tax: $240
Insurance: $183
Income needed (28% rule): $104K/year with 20% down, $123K/year with 10% down.
Rent vs Buy in Turlock
Rent
$1,450/mo
vs
Buy (10% down)
$2,878/mo
Price-to-rent ratio: 22.7 — At a ratio above 20, renting may be more economical in Turlock for shorter stays. Buying costs $1,428 more per month than renting, and it typically takes 5-7 years to break even on the transaction costs of buying.
The median home price in Turlock is $395,000, 50% below the California state median of $785,000. With a population of 75,013, Turlock is a smaller market where home prices tend to be more accessible than in many parts of California.
Property taxes in California average 0.73% annually. This moderate property tax rate means a $395,000 home in Turlock would carry roughly $240/month in property taxes. Homeowners insurance in California runs approximately $2,200 per year. This is within the normal range nationally.
Average rent in Turlock is $1,450/month. With a price-to-rent ratio above 20, renting could be more economical in the short term — use our Rent vs Buy calculator to model your specific timeline.
Turlock presents moderate affordability. The $395K median puts homeownership within reach for median-income households, though down payment savings and closing costs require planning.
Run a Rent vs Buy analysis
Compare total costs of renting vs buying in Turlock.