City Report · CA

Fair Oaks

Pop. 32,799·337th most expensive in California·Rental market data updated monthly for Fair Oaks, CA
Median rent (all units)
$2,038/mo
Year-over-Year
+3.5%
Month-over-Month
-0.6%
vs US Median
+$73
Falling (Monthly)
Be the first to discuss Fair Oaks rents
Most AffordableMost Expensive
Fair Oaks · $2,038
More expensive than 61% of US cities · National median $1,965/mo
Rent Reality Score
65/100
Good value
OverheatedFairGreat value

Rents are 8% below what Fair Oaks's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$2,038/mo
Expected by trend
$2,205/mo
The Rent Reality Score compares today's median rent to where Fair Oaks's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,750
1 BR
$1,850
2 BR
$2,300
3 BR
$3,120
4 BR+
$3,600
Research median
$2,300/mo

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

Rent trends

12-month history

Loading…

Last updated: July 20, 2026

Annual cost
$24,456/yr
At $2,038/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (3.5% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+3.5% YoY, -0.6% MoM), not inventory.
Rent check

Is your rent fair?

Compare your rent to the local median.

Demographics

Who lives here

Fair Oaks, CA is majority owner-occupied, has a large retiree population, has a median income above the national average, 48.7% of residents hold a bachelor's degree or higher.

Population
32,799
Median income
$116,975
Median age
45.9
Renters
28.8%
Age distribution
18.7%
18.2%
22.1%
15.9%
25.1%
Under 1818.7%
18–3418.2%
35–5422.1%
55–6415.9%
65+25.1%
Gender
49%
51%
Male49%
Female51%
Race & ethnicity
74.3%
14.4%
White74.3%
Black1.7%
Hispanic14.4%
Asian4.9%
Other4.6%
Education (25+)
16%
31.6%
48.7%
No HS diploma3.8%
HS diploma16%
Some college31.6%
Bachelor's+48.7%
Housing tenure
71.2%
28.8%
Owner71.2%
Renter28.8%

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

2021 vs 2026

How Fair Oaks, CA has changed in 5 years

Rent
$1,636 → $2,038
up 24.6%
Income
$99,629 → $116,975
up 17.4%
Population
31,750 → 32,799
up 3.3%
Renter share
29% → 28.8%
-0.2 pts
Bachelor's+
45.3% → 48.7%
+3.4 pts

Five years ago, renters in Fair Oaks, CA paid around $1,636 a month. That figure now sits near $2,038, up 24.6% from the 2021 baseline. Median household income climbed from $99,629 to $116,975 between 2021 and 2024, a 17.4% shift. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show Fair Oaks, CA adding about 1,049 residents over the five-year window, up 3.3% on net. Bachelor's-degree-or-higher attainment moved from 45.3% to 48.7% across the same window. Taken together, the five-year picture in Fair Oaks, CA reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.

Community

Discussions about Fair Oaks

No discussions yet. Start the conversation.

View Fair Oaks rent history (2015–2026) →
Salary vs rent

Can you afford rent in Fair Oaks on your salary?

At $2,038/mo, how Fair Oaks rent compares to typical pay (30% rule).

By apartment size

Fair Oaks rent by bedroom count

Median rent for each apartment size in Fair Oaks. Click any size for full breakdown.

Local insights

Tips for renters in Fair Oaks

About renting in Fair Oaks, CA

Last updated: July 20, 2026

The median rent in Fair Oaks is $2,038/mo as of July 2026. A studio apartment averages $1,750/mo while a 2-bedroom runs $2,300/mo. One-bedroom apartments average $1,850/mo and 3-bedroom units go for $3,120/mo.

At 21% of local median household income ($116,975/yr), Fair Oaks ranks as affordable compared to the national benchmark of 30%. Rents have increased 3.5% over the past year.

FAQ

Frequently asked questions

Is Fair Oaks an affordable city for renters?

Fair Oaks is considered very affordable for renters. At $2,038/mo, rent takes approximately 21% of the local median household income ($116,975/yr). The standard benchmark is 30%. Fair Oaks falls comfortably within that range.

How much income do you need to rent in Fair Oaks?

To keep rent at or below 30% of gross income, you would need to earn at least $82,000/year (~$39/hour full-time) to afford the median rent of $2,038/mo in Fair Oaks. The local median household income is $116,975/yr, meaning the typical Fair Oaks household meets that threshold.

Is rent going up or down in Fair Oaks?

Rent in Fair Oaks has increased 3.5% over the past year as of July 2026, putting upward pressure on renter budgets.

How does Fair Oaks rent compare to other cities in California?

Fair Oaks is one of the more affordable cities in California for rent, ranking #337 out of 387 tracked cities at $2,038/mo.

Which nearby cities are cheaper to rent in than Fair Oaks?

Several nearby cities have lower median rents than Fair Oaks ($2,038/mo): Carmichael ($1,795/mo), Citrus Heights ($1,931/mo).

What percentage of Fair Oaks residents rent vs. own?

According to Census data, approximately 28.8% of Fair Oaks households are renters, while 71.2% are owner-occupied. Fair Oaks leans toward homeownership, which can mean a smaller rental inventory.

How does Fair Oaks rent compare to the national average?

Fair Oaks's median rent of $2,038/mo is $73 (4%) above the US national median of $1,965/mo. Within California, it ranks #337 out of 387 tracked cities.
Income Affordability
21%
VERY AFFORDABLE

At $2,038/mo, rent takes ~21% of Fair Oaks's median household income ($116,975/yr). The standard benchmark is 30%.

Fair Oaks 21%Benchmark 30%
State income tax1–13.3%
Run the Fair Oaks affordability calculator →
Lowest-rent ZIP codes in Fair Oaks
Compare

How does this area stack up?

Pick another city or ZIP to compare.

Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Fair Oaks, CA

Recent submissions

Be the first to submit your rent for Fair Oaks.

Recent discussions

No discussions yet.