City Report · CA

Truckee

Pop. 17,066·19th most expensive in California·Truckee rents have dropped 5.2%, currently a renter's market
Median rent (all units)
$4,636/mo
Year-over-Year
-5.2%
Month-over-Month
+2.2%
vs US Median
+$2,674
Rising (Monthly)
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Most AffordableMost Expensive
Truckee · $4,636
More expensive than 99% of US cities · National median $1,962/mo
Affordability
43% of income
STRETCHED
0%30% benchmark60%+

At $4,636/mo, rent takes about 43% of the local median household income, well above the 30% benchmark.

Income to afford
$185,000/yr
Local median income
$130,462/yr
Based on the 30%-of-income rule using Truckee's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,810
1 BR
$1,950
2 BR
$2,430
3 BR
$3,370
4 BR+
$3,990
Fair Market Rent (HUD)
$2,430/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $4,636 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: August 17, 2026

Annual cost
$55,632/yr
At $4,636/mo median
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (-5.2% YoY, +2.2% MoM), not inventory.
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Demographics

Who lives here

Truckee, CA is majority owner-occupied, has a median income above the national average, 60.8% of residents hold a bachelor's degree or higher.

Population
17,066
Median income
$130,462
Median age
42
Renters
26.6%
Age distribution
22.3%
16.1%
32.4%
14.7%
14.5%
Under 1822.3%
18–3416.1%
35–5432.4%
55–6414.7%
65+14.5%
Gender
50.2%
49.8%
Male50.2%
Female49.8%
Race & ethnicity
82.5%
14.8%
White82.5%
Black0.7%
Hispanic14.8%
Asian2.1%
Education (25+)
24.4%
60.8%
No HS diploma5.8%
HS diploma9.1%
Some college24.4%
Bachelor's+60.8%
Housing tenure
73.4%
26.6%
Owner73.4%
Renter26.6%

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

2021 vs 2026

How Truckee, CA has changed in 5 years

Income
$103,772 → $130,462
up 25.7%
Population
16,850 → 17,066
up 1.3%
Renter share
21.8% → 26.6%
+4.8 pts
Bachelor's+
58.5% → 60.8%
+2.3 pts

Local incomes tracked alongside that move, going from a median of $103,772 in 2021 to $130,462 more recently. Headcount in the area went from 16,850 to 17,066 between 2021 and 2024, a 1.3% change. About 26.6% of households rent today, against 21.8% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 58.5% to 60.8%.

Community

Discussions about Truckee

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

Can you afford rent in Truckee on your salary?

At $4,636/mo, how Truckee rent compares to typical pay (30% rule).

By apartment size

Truckee rent by bedroom count

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

Local insights

Tips for renters in Truckee

About renting in Truckee, CA

Last updated: August 17, 2026

The median rent in Truckee is $4,636/mo as of August 2026. A studio apartment averages $1,810/mo while a 2-bedroom runs $2,430/mo. One-bedroom apartments average $1,950/mo and 3-bedroom units go for $3,370/mo.

At 43% of local median household income ($130,462/yr), Truckee ranks as moderate compared to the national benchmark of 30%. Rents have decreased 5.2% over the past year.

FAQ

Frequently asked questions

Is Truckee an affordable city for renters?

Truckee is considered stretched for renters. At $4,636/mo, rent takes approximately 43% of the local median household income ($130,462/yr). The standard benchmark is 30%. Truckee significantly exceeds that threshold, making it challenging for many renters.

How much income do you need to rent in Truckee?

To keep rent at or below 30% of gross income, you would need to earn at least $185,000/year (~$89/hour full-time) to afford the median rent of $4,636/mo in Truckee. The local median household income is $130,462/yr, meaning the typical Truckee household falls short of that threshold.

Is rent going up or down in Truckee?

Rent in Truckee has decreased 5.2% over the past year as of August 2026, offering some relief compared to 12 months ago.

How does Truckee rent compare to other cities in California?

Truckee is one of the pricier cities in California for rent, ranking #19 out of 381 tracked cities at $4,636/mo.

Which nearby cities are cheaper to rent in than Truckee?

Several nearby cities have lower median rents than Truckee ($4,636/mo): Carson City ($1,925/mo), Reno ($1,967/mo), Verdi ($2,191/mo).

What percentage of Truckee residents rent vs. own?

According to Census data, approximately 26.6% of Truckee households are renters, while 73.4% are owner-occupied. Truckee leans toward homeownership, which can mean a smaller rental inventory.

How does Truckee rent compare to the national average?

Truckee's median rent of $4,636/mo is $2,674 (136%) above the US national median of $1,962/mo. Within California, it ranks #19 out of 381 tracked cities.
Income Affordability
43%
STRETCHED

At $4,636/mo, rent takes ~43% of Truckee's median household income ($130,462/yr). The standard benchmark is 30%.

Truckee 43%Benchmark 30%
State income tax1–13.3%
Run the Truckee affordability calculator →
Lowest-rent ZIP codes in Truckee
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Truckee, CA

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