City Report · CA

Elk Grove

Pop. 179,155·221st most expensive in California·One of the pricier rental markets in the US
Median rent (all units)
$2,688/mo
Year-over-Year
+2.6%
Month-over-Month
+1.2%
vs US Median
+$723
Rising (Monthly)
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Most AffordableMost Expensive
Elk Grove · $2,688
More expensive than 84% of US cities · National median $1,965/mo
Rent Reality Score
70/100
Good value
OverheatedFairGreat value

Rents are 10% below what Elk Grove's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$2,688/mo
Expected by trend
$2,982/mo
The Rent Reality Score compares today's median rent to where Elk Grove's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$2,033
1 BR
$2,150
2 BR
$2,667
3 BR
$3,617
4 BR+
$4,177
Research median
$2,667/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$32,256/yr
At $2,688/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (2.6% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+2.6% YoY, +1.2% MoM), not inventory.
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Demographics

Who lives here

Elk Grove, CA is majority owner-occupied, has a large share of families with children, has a median income above the national average, 38.9% of residents hold a bachelor's degree or higher.

Population
179,155
Median income
$125,924
Median age
39.4
Renters
26.2%
Age distribution
25.2%
18.9%
29.3%
12.7%
13.9%
Under 1825.2%
18–3418.9%
35–5429.3%
55–6412.7%
65+13.9%
Gender
48.6%
51.4%
Male48.6%
Female51.4%
Race & ethnicity
32.5%
17.9%
31.5%
White32.5%
Black10.7%
Hispanic17.9%
Asian31.5%
Other7.3%
Education (25+)
17.7%
34.5%
38.9%
No HS diploma9%
HS diploma17.7%
Some college34.5%
Bachelor's+38.9%
Housing tenure
73.8%
26.2%
Owner73.8%
Renter26.2%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Elk Grove, CA has changed in 5 years

Rent
$2,182 → $2,688
up 23.2%
Income
$106,797 → $125,924
up 17.9%
Population
175,510 → 179,155
up 2.1%
Renter share
26% → 26.2%
+0.2 pts
Bachelor's+
37.1% → 38.9%
+1.8 pts
Median age
38.1 → 39.4
+1.3 yrs

The median rent in Elk Grove, CA stood at $2,182 in 2021 and currently runs about $2,688, reflecting a 23.2% increase over the period. Household income in the area moved from $106,797 to $125,924 across the same window, up 17.9% versus 2021. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 2.1% since 2021, moving from about 175,510 residents to roughly 179,155. Reading these numbers side by side helps frame whether current listings in Elk Grove, CA look reasonable against where the market sat half a decade ago.

Community

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View Elk Grove rent history (2015–2026) →
Salary vs rent

Can you afford rent in Elk Grove on your salary?

At $2,688/mo, how Elk Grove rent compares to typical pay (30% rule).

By apartment size

Elk Grove rent by bedroom count

Median rent for each apartment size in Elk Grove. Click any size for full breakdown.

Local insights

Tips for renters in Elk Grove

About renting in Elk Grove, CA

Last updated: July 20, 2026

The median rent in Elk Grove is $2,688/mo as of July 2026. A studio apartment averages $2,033/mo while a 2-bedroom runs $2,667/mo. One-bedroom apartments average $2,150/mo and 3-bedroom units go for $3,617/mo.

At 26% of local median household income ($125,924/yr), Elk Grove ranks as affordable compared to the national benchmark of 30%. Rents have increased 2.6% over the past year.

FAQ

Frequently asked questions

Is Elk Grove an affordable city for renters?

Elk Grove is considered affordable for renters. At $2,688/mo, rent takes approximately 26% of the local median household income ($125,924/yr). The standard benchmark is 30%. Elk Grove falls comfortably within that range.

How much income do you need to rent in Elk Grove?

To keep rent at or below 30% of gross income, you would need to earn at least $108,000/year (~$52/hour full-time) to afford the median rent of $2,688/mo in Elk Grove. The local median household income is $125,924/yr, meaning the typical Elk Grove household meets that threshold.

Is rent going up or down in Elk Grove?

Rent in Elk Grove has increased 2.6% over the past year as of July 2026, putting upward pressure on renter budgets.

Which Elk Grove neighborhoods have the lowest rent?

The most affordable ZIP codes in Elk Grove are 95758 ($2,527/mo), 95624 ($2,682/mo), and 95757 ($2,928/mo). Citywide, the median rent in Elk Grove is $2,688/mo.

How does Elk Grove rent compare to other cities in California?

Elk Grove is middle-of-the-pack for California for rent, ranking #221 out of 387 tracked cities at $2,688/mo.

Which nearby cities are cheaper to rent in than Elk Grove?

Several nearby cities have lower median rents than Elk Grove ($2,688/mo): La Riviera ($1,909/mo), Sacramento ($2,071/mo), Florin ($2,111/mo).

What percentage of Elk Grove residents rent vs. own?

According to Census data, approximately 26.2% of Elk Grove households are renters, while 73.8% are owner-occupied. Elk Grove leans toward homeownership, which can mean a smaller rental inventory.

How does Elk Grove rent compare to the national average?

Elk Grove's median rent of $2,688/mo is $723 (37%) above the US national median of $1,965/mo. Within California, it ranks #221 out of 387 tracked cities.
Income Affordability
26%
AFFORDABLE

At $2,688/mo, rent takes ~26% of Elk Grove's median household income ($125,924/yr). The standard benchmark is 30%.

Elk Grove 26%Benchmark 30%
State income tax1–13.3%
Run the Elk Grove affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Elk Grove, CA

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