City Report · CA

Placerville

Pop. 10,762·320th most expensive in California·Rental market data updated monthly for Placerville, CA
Median rent (all units)
$2,149/mo
Year-over-Year
+0.2%
Month-over-Month
+1.1%
vs US Median
+$217
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
Placerville · $2,149
More expensive than 67% of US cities · National median $1,932/mo
Rent Reality Score
53/100
Fairly priced
OverheatedFairGreat value

Rents are right about where Placerville's 10-year trend predicts.

Actual rent
$2,149/mo
Expected by trend
$2,179/mo
The Rent Reality Score compares today's median rent to where Placerville's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,520
1 BR
$1,610
2 BR
$2,000
3 BR
$2,710
4 BR+
$3,130
Fair Market Rent (HUD)
$2,000/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,149 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in Placerville is 4.1% below its high of $2,241 in March 2026, at $2,149 as of September 2026.

Past year vs. the rest of California

Rent in Placerville changed +0.2% over the year to September 2026. Across the 336 California cities Zillow tracks, the typical change was +3.4%.

Recent direction

Rent has risen 2 months in a row, and rose in 7 of the last 12 months.

What a typical income covers

30% of the median household income ($67,274) is $1,682 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($1,610); a 2-bedroom is $2,000.

Cheaper nearby

Citrus Heights, 27 miles away, rents for 12% less ($1,883/mo), about $3,200 a year in savings.

From Zillow's monthly rent index (ZORI) for Placerville. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$25,788/yr
At $2,149/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (0.2% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+0.2% YoY, +1.1% MoM), not inventory.
Rent check

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Demographics

Who lives here

Placerville, CA is majority owner-occupied, has a large retiree population, 23.4% of residents hold a bachelor's degree or higher.

Population
10,762
Median income
$67,274
Median age
46.8
Renters
41.7%
Age distribution
17.7%
17.2%
25.5%
15.4%
24.2%
Under 1817.7%
18–3417.2%
35–5425.5%
55–6415.4%
65+24.2%
Gender
49.3%
50.7%
Male49.3%
Female50.7%
Race & ethnicity
80.8%
24%
White80.8%
Black1.5%
Hispanic24%
Asian1%
Education (25+)
24.6%
40.8%
23.4%
No HS diploma11.3%
HS diploma24.6%
Some college40.8%
Bachelor's+23.4%
Housing tenure
58.3%
41.7%
Owner58.3%
Renter41.7%

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

2023 vs 2026

How Placerville, CA has changed in 5 years

Rent
$2,002 → $2,149
up 7.3%
Income
$64,348 → $67,274
up 4.5%
Population
10,777 → 10,762
down 0.1%
Renter share
37.9% → 41.7%
+3.8 pts
Bachelor's+
26.8% → 23.4%
-3.4 pts
Median age
43.3 → 46.8
+3.5 yrs

The median rent in Placerville, CA stood at $2,002 in 2023 and currently runs about $2,149, reflecting a 7.3% increase over the period. Household income in the area moved from $64,348 to $67,274 across the same window, up 4.5% versus 2021. Renters now make up 41.7% of households, compared with 37.9% five years ago. College-educated residents now make up 23.4% of adults here, versus 26.8% in 2021. Reading these numbers side by side helps frame whether current listings in Placerville, CA look reasonable against where the market sat half a decade ago.

Community

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View Placerville rent history (2015–2026) →
Salary vs rent

Can you afford rent in Placerville on your salary?

At $2,149/mo, how Placerville rent compares to typical pay (30% rule).

By apartment size

Placerville rent by bedroom count

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

Local insights

Tips for renters in Placerville

About renting in Placerville, CA

Last updated: October 17, 2026

The median rent in Placerville is $2,149/mo as of October 2026. A studio apartment averages $1,520/mo while a 2-bedroom runs $2,000/mo. One-bedroom apartments average $1,610/mo and 3-bedroom units go for $2,710/mo.

At 38% of local median household income ($67,274/yr), Placerville ranks as moderate compared to the national benchmark of 30%. Rents have increased 0.2% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in Placerville?

To keep rent at or below 30% of gross income, you would need to earn at least $86,000/year (about $41/hour full-time) to afford the median rent of $2,149/mo in Placerville. The local median household income is $67,274/yr, so the typical household falls short of that bar.

Is rent going up or down in Placerville?

Rent in Placerville has been roughly flat over the past year as of September 2026, a +0.2% change. It sits 4.1% below its high of $2,241 in March 2026.

How does Placerville rent compare to other cities in California?

Placerville is one of the more affordable among California cities for rent, ranking #320 of 382 tracked cities at $2,149/mo. Over the year to September 2026, rent in Placerville changed +0.2%, against a typical +3.4% across the 336 California cities Zillow tracks.
Income Affordability
38%
MODERATE

At $2,149/mo, rent takes ~38% of Placerville's median household income ($67,274/yr). The standard benchmark is 30%.

Placerville 38%Benchmark 30%
State income tax1–13.3%
Run the Placerville affordability calculator →
Lowest-rent ZIP codes in Placerville
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Placerville, CA

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