Sacramento rents and rental comps

Name: Sacramento, CA rental market data
Creator: PropMetrics

The median asking rent across 19 Sacramento zip codes is $1,925/month, down 4.7% from a year ago.

Bay Area workers figured out they could live here for a third of the price and either commute or work remote. That spillover changed Sacramento. Way more demand than five years ago, and it isn't going back. The California landlord regulations still apply though. Of course they do.

Median Asking Rent

$1,925

Rent Change (YoY)

-4.7%

Avg Days on Market

Active Rental Listings

3,880

Median List Price

$487,000

Median Asking Rent Over Time

Average across 19 zip codes

12 months-7.0%

Median Asking Rent by ZIP Code

Rental Listings by ZIP Code

ZIP	Median Rent	YoY Growth	$/Sqft	Avg DOM	Listings
95834	$2,399/mo	-3.8%	$2.48	6	367
95835	$2,345/mo	-6.0%	$2.19	6	224
95828	$2,119/mo	+1.7%	$2.10	11	110
95831	$2,099/mo	-3.5%	$2.25	7	377
95820	$2,095/mo	-0.2%	$2.15	27	86
95814	$2,004/mo	-12.5%	$3.04	16	322
95817	$1,995/mo	+1.0%	$2.21	41	63
95815	$1,907/mo	-7.8%	$2.32	20	193
95822	$1,900/mo	-5.0%	$2.10	62	56
95827	$1,900/mo	+2.7%	$2.13	12	120
95811	$1,850/mo	-16.2%	$3.05	25	261
95818	$1,850/mo	-11.0%	$2.64	17	206
95826	$1,815/mo	+0.9%	$2.10	7	277
95823	$1,810/mo	-9.4%	$2.16	13	224
95819	$1,795/mo	+1.4%	$2.60	42	71
95816	$1,700/mo	-11.2%	$2.54	45	236
95825	$1,625/mo	-7.1%	$2.13	17	391
95824	$1,595/mo	+6.3%	$1.97	37	49
95821	$1,499/mo	-9.2%	$2.09	30	247

Comps for any address in Sacramento

Type the address, get the comps. No setup.

Median Asking Rent by Bedroom

Unit Size	Median Rent	$/Sqft
Studio	$1,556/mo	$3.15/sqft
1 Bedroom	$1,610/mo	$2.46/sqft
2 Bedroom	$2,075/mo	$2.18/sqft
3 Bedroom	$2,520/mo	$1.94/sqft
4 Bedroom	$2,725/mo	$1.63/sqft

Aggregated median across all Sacramento zip codes with available data.

For-Sale Listings by ZIP Code

ZIP	Median List Price	YoY Change	$/Sqft
95814	$799,000	-0.1%	$376.69
95819	$795,000	0.0%	$562.88
95816	$785,000	-4.0%	$474.55
95811	$779,000	+11.4%	$424.28
95818	$724,999	-0.0%	$487.23
95831	$649,500	-0.1%	$339.50
95835	$622,000	+3.8%	$284.08
95817	$585,000	+17.2%	$425.00
95821	$515,000	-7.9%	$344.34
95833	$499,000	+8.5%	$305.03
95834	$475,000	-9.9%	$290.27
95822	$464,900	+3.3%	$354.76
95827	$450,000	0.0%	$308.64
95826	$449,900	+0.4%	$308.22
95828	$449,000	0.0%	$274.33
95820	$419,914	-0.0%	$359.09
95823	$415,000	-4.6%	$282.39
95824	$386,000	-3.5%	$339.81
95815	$370,000	-1.3%	$329.63
95825	$299,000	-1.3%	$287.35

HUD Fair Market Rents

Unit Size	Fair Market Rent	Median Asking Rent	Difference
Studio	$1,640/mo	$1,556/mo	-5%
1 Bedroom	$1,720/mo	$1,610/mo	-6%
2 Bedroom	$2,120/mo	$2,075/mo	-2%
3 Bedroom	$2,820/mo	$2,520/mo	-11%
4 Bedroom	$3,250/mo	$2,725/mo	-16%

HUD publishes Fair Market Rents once a year for the Sacramento metro area. Local housing authorities use them to set Section 8 voucher payment standards, usually 90% to 110% of the FMR.

About the Sacramento rental market

The median asking rent across Sacramento, CA sits at $1,925/month, pulled from active rental listings in 19 zip codes. That's down 4.7% from a year ago.

Rents aren't uniform across the city. ZIP 95834 tops the list at $2,399/month. ZIP 95821 comes in lowest at $1,499/month. That's a 60% spread between the top and bottom zip codes, which is wide. City-wide averages won't tell you much about a specific property here.

A 2-bedroom rents for $2,075/month at the median. 1-bedrooms run about $1,610. 3-bedrooms come in around $2,520.

Average days on market sits at 23 days. Pace is steady.

Rent-to-price math is tight in Sacramento. The gross figure sits at about 4.7% ($1,925/month against $487,000 median price). Most investors here are betting on appreciation, not monthly cash flow.

HUD's Fair Market Rent for a 2-bedroom in the Sacramento metro is $2,120/month. Asking rents come in about 9% below the federal benchmark, which can make Section 8 properties competitive here.

Sacramento used to be overlooked. Remote work changed that. Bay Area workers realized they could live in Sac, pay half the rent, and still get to the office a couple days a week. That drove significant rent growth and migration. Midtown and East Sacramento are premium. South Sac, North Highlands, and Rancho Cordova are cheaper. State government employment provides a stable renter base. California rent control and tenant protections apply here too. Sacramento is a good option for investors who want California exposure at lower price points than the Bay Area. The market has changed though. Pricing logic from five years ago no longer applies.

These numbers are city-wide averages. If you're pricing a specific property in Sacramento, pull comps from the same zip code. The spread is usually bigger than people expect.