ZIP Code · CA

ZIP 95608

Pop. 61,440·Sacramento County·850th most expensive ZIP in California
Median rent (all units)
$1,784/mo
Year-over-Year
+1.0%
Month-over-Month
-0.4%
vs US Median
-$148
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 95608 · $1,784
More affordable than 52% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,700
1 BR
$1,780
2 BR
$2,190
3 BR
$2,920
4 BR+
$3,360
Research median
$2,190/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: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

February. Asking rents in ZIP 95608 usually run 1.1% below trend in February and 0.8% above it in October, about $34 a month apart at today's median. Based on 10 years of data.

Compared with the peak

Rent in ZIP 95608 is 0.8% below its high of $1,798 in January 2026, at $1,784 as of September 2026.

Past year vs. the rest of California

Rent in ZIP 95608 changed +1.0% over the year to September 2026. Across the 819 California ZIP codes Zillow tracks, the typical change was +3.2%.

Rent vs. income since 2019

From 2019 to 2024, rent in ZIP 95608 rose 35.3% while median household income rose 35.1% ($64,059 to $86,563). Rent outpaced income.

Since before the pandemic

Rent in ZIP 95608 is 33.3% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent rose in 6 of the last 12 months.

What a typical income covers

30% of the median household income ($86,563) is $2,164 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($1,780); a 2-bedroom is $2,190.

From Zillow's monthly rent index (ZORI) for ZIP 95608. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$21,408/yr
At $1,784/mo median
Location
StateCA
CountySacramento County
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 (+1.0% YoY, -0.4% MoM), not inventory.
Demographics

Who lives here

ZIP 95608 (Carmichael, CA) is roughly split between renters and owners, has a large retiree population, 37.7% of residents hold a bachelor's degree or higher.

Population
61,440
Median income
$86,563
Median age
42.9
Renters
47.3%
Age distribution
19%
21.5%
23.1%
13.8%
22.6%
Under 1819%
18–3421.5%
35–5423.1%
55–6413.8%
65+22.6%
Gender
48.2%
51.8%
Male48.2%
Female51.8%
Race & ethnicity
66.7%
15.9%
White66.7%
Black6.1%
Hispanic15.9%
Asian8.4%
Other2.8%
Education (25+)
20.3%
34.3%
37.7%
No HS diploma7.7%
HS diploma20.3%
Some college34.3%
Bachelor's+37.7%
Housing tenure
52.7%
47.3%
Owner52.7%
Renter47.3%

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

2021 vs 2026

How ZIP 95608 in Carmichael, CA has changed in 5 years

Rent
$1,466 → $1,784
up 21.7%
Income
$74,360 → $86,563
up 16.4%
Population
63,730 → 61,440
down 3.6%
Renter share
47.2% → 47.3%
+0.1 pts
Bachelor's+
35% → 37.7%
+2.7 pts
Median age
42.2 → 42.9
+0.7 yrs

The median rent in ZIP 95608 in Carmichael, CA stood at $1,466 in 2021 and currently runs about $1,784, reflecting a 21.7% increase over the period. On the earnings side, the typical household in ZIP 95608 in Carmichael, CA now reports about $86,563, up from $74,360 in 2021. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has contracted by 3.6% since 2021, moving from about 63,730 residents to roughly 61,440. College-educated residents now make up 37.7% of adults here, versus 35% in 2021. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 95608 in Carmichael, CA reflects that arc in its own way.

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About renting in ZIP 95608

Last updated: October 17, 2026

ZIP code 95608 covers Carmichael, CA. The median rent here is $1,784/mo as of October 2026. A 1-bedroom rents for a median of $1,780/mo. A 2-bedroom rents for a median of $2,190/mo.

At 25% of local median household income ($86,563/yr), ZIP 95608 ranks as affordable compared to the national benchmark of 30%. Rents have increased 1.0% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 95608?

To keep rent at or below 30% of gross income, you would need to earn at least $71,000/year (about $34/hour full-time) to afford the median rent of $1,784/mo in ZIP 95608. The local median household income is $86,563/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 95608?

Rent in ZIP 95608 has risen 1.0% over the past year as of September 2026. It sits 0.8% below its high of $1,798 in January 2026.

When is the cheapest time to rent in ZIP 95608?

Asking rents in ZIP 95608 are usually lowest in February, about 1.1% below their yearly trend, and highest in October, about 0.8% above it. At today's median that is a gap of roughly $34 a month. This pattern comes from 10 years of Zillow rent data.

Has rent outpaced income in ZIP 95608?

Yes. From 2019 to 2024, rent in ZIP 95608 rose 35.3% while median household income rose 35.1%, from $64,059 to $86,563. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 95608 compare to other ZIPs in California?

ZIP 95608 is one of the more affordable among California ZIP codes for rent, ranking #850 of 898 at $1,784/mo. Over the year to September 2026, rent in ZIP 95608 changed +1.0%, against a typical +3.2% across the 819 California ZIP codes Zillow tracks.

How does ZIP 95608 compare to the rest of Carmichael?

At $1,784/mo, ZIP 95608 is $27 above the Carmichael citywide median of $1,757/mo.
Income Affordability
25%
AFFORDABLE

At $1,784/mo, rent takes ~25% of ZIP 95608's median household income ($86,563/yr). The standard benchmark is 30%.

ZIP 95608 25%Benchmark 30%
State income tax1–13.3%
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