How much does it cost to rent in Placerville, CA?

As of July 2026, the median monthly rent in Placerville, CA is $1,974. This figure is based on aggregated data from public sources and community-submitted rents.

Is Placerville cheaper than other California cities?

Placerville is among the more affordable cities in California, ranking #344 out of 387 cities at $1,974/mo.

When was Placerville rent data last updated?

Placerville rent data reflects July 2026 and was last refreshed on July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.

City Report · CA

Placerville

Name: Average Rent Prices in Placerville, CA
Creator: RentDataNow
License: https://rentdatanow.com/terms-of-service

Pop. 10,762·344th most expensive in California·Placerville rents are up 21.2% over the past year

Median rent (all units)

$1,974/mo

Year-over-Year

+21.2%

Month-over-Month

+3.5%

vs US Median

+$9

Rising (Monthly)

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Most AffordableMost Expensive

Placerville · $1,974

More expensive than 57% of US cities · National median $1,965/mo

Affordability

35% of income

MODERATE

0%30% benchmark60%+

At $1,974/mo, rent takes about 35% of the local median household income, slightly above the 30% benchmark.

Income to afford

$79,000/yr

Local median income

$67,274/yr

Based on the 30%-of-income rule using Placerville's median rent and household income. See the full affordability breakdown →

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

Research median

$2,000/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

$23,688/yr

At $1,974/mo median

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 21.2% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+21.2% YoY, +3.5% MoM), not inventory.

Rent check

Is your rent fair?

Compare your rent to the local median.

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

$1,667 → $1,974

up 18.4%

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 $1,667 in 2023 and currently runs about $1,974, reflecting a 18.4% 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. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. 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

Discussions about Placerville

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View Placerville rent history (2015–2026) →

Salary vs rent

Can you afford rent in Placerville on your salary?

At $1,974/mo, how Placerville rent compares to typical pay (30% rule).

Registered Nurse

Avg $111,486/yr · Rent = 21.2% income

affordable

Elementary School Teacher

Avg $79,154/yr · Rent = 29.9% income

affordable

Police Officer

Avg $91,179/yr · Rent = 26% income

affordable

Software Developer

Avg $162,970/yr · Rent = 14.5% income

very comfortable

Lawyer

Avg $208,235/yr · Rent = 11.4% income

very comfortable

Firefighter

Avg $74,116/yr · Rent = 32% income

stretched

Truck Driver

Avg $66,918/yr · Rent = 35.4% income

stretched

Electrician

Avg $82,482/yr · Rent = 28.7% income

affordable

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: July 20, 2026

The median rent in Placerville is $1,974/mo as of July 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 35% of local median household income ($67,274/yr), Placerville ranks as moderate compared to the national benchmark of 30%. Rents have increased 21.2% over the past year.

FAQ

Frequently asked questions

Is Placerville an affordable city for renters?

Placerville is considered moderate for renters. At $1,974/mo, rent takes approximately 35% of the local median household income ($67,274/yr). The standard benchmark is 30%. Placerville slightly exceeds that threshold, so budgeting carefully matters here.

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 $79,000/year (~$38/hour full-time) to afford the median rent of $1,974/mo in Placerville. The local median household income is $67,274/yr, meaning the typical Placerville household falls short of that threshold.

Is rent going up or down in Placerville?

Rent in Placerville has increased 21.2% over the past year as of July 2026, putting upward pressure on renter budgets.

How does Placerville rent compare to other cities in California?

Placerville is one of the more affordable cities in California for rent, ranking #344 out of 387 tracked cities at $1,974/mo.

Which nearby cities are cheaper to rent in than Placerville?

Pollock Pines is nearby and more affordable at $1,950/mo, which is $24 less than Placerville.

What percentage of Placerville residents rent vs. own?

According to Census data, approximately 41.7% of Placerville households are renters, while 58.3% are owner-occupied. Placerville leans toward homeownership, which can mean a smaller rental inventory.

How does Placerville rent compare to the national average?

Placerville's median rent of $1,974/mo is $9 (0%) above the US national median of $1,965/mo. Within California, it ranks #344 out of 387 tracked cities.

Income Affordability

35%

MODERATE

At $1,974/mo, rent takes ~35% of Placerville's median household income ($67,274/yr). The standard benchmark is 30%.

Placerville 35%Benchmark 30%

State income tax1–13.3%

Run the Placerville affordability calculator →

Nearby cities