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Elk Grove, CA

Full City Profile · California · Sacramento County County

3.4 /5.0
B Good
177,221 Population 4,160/sq mi density
$122,229 Median Income $44,932 per capita
$603,400 Home Value $631,637 Zillow
$2,180 Median Rent 32.1% income on rent
60°F Avg Temperature 313 sunny days/yr
212 Violent Crime/100K 1,481 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.6 / 5.0
$122,229 median income, 4.4% unemployment
B+
Affordability
3.9 / 5.0
$603,400 home value, $2,180/mo rent
F
Safety
1.0 / 5.0
212 violent crimes/100K
A
Education
4.0 / 5.0
38.0% bachelor's degree or higher

Housing Overview

Median Home Value
$603,400
114% above
US avg: $281,900
Median Rent
$2,180/mo
87% above
US avg: $1,163/mo
Homeownership Rate
73.9%
13% above US avg (65.4%)
Total Housing Units
56,057
Median year built: 1999

Home Value by Source

Census Median
$603,400
Zillow (ZHVI)
$631,637
Median Sale Price
$605,000
Median List Price
$629,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

73.9%
Owner-Occupied
26.1%
Renter-Occupied
74%
26%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,513/mo
1 Bedroom
$1,647/mo
2 Bedroom
$2,053/mo
3 Bedroom
$2,752/mo
4 Bedroom
$3,165/mo
Census median rent: $2,180/mo · Zillow rent: $2,640/mo

Market Indicators (Redfin)

Median Days on Market
29 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
103
Price Drops
22.1%
of listings with price reduction
Price Per Sq Ft
$317
Active Inventory
195
homes for sale

Affordability & Housing Stock

Rent Burden
32.1%
of renters spending 30%+ of income on housing
4% above US avg (31.0%)
Median Year Built
1999
Average age of housing stock: 27 years
Homeownership Rate
73.9%

Complete Housing Data

Home Values

Census Median Value$603,400
Zillow Home Value (ZHVI)$631,637
Median Sale Price$605,000
Median List Price$629,000
Price Per Sq Ft$317

Rent

Census Median Rent$2,180
Zillow Rent (ZORI)$2,640
FMR Studio$1,513
FMR 1-Bedroom$1,647
FMR 2-Bedroom$2,053
FMR 3-Bedroom$2,752
FMR 4-Bedroom$3,165

Market

Days on Market29
Sale-to-List Ratio1.0%
Price Drops22.1%
Homes Sold103
Active Inventory195
Price Per Sq Ft$317

Ownership & Stock

Owner-Occupied73.9%
Renter-Occupied26.1%
Homeownership Rate73.9%
Total Housing Units56,057
Median Year Built1999
Rent Burden32.1%