Disclaimer: Covid-19 may have impacted rent prices in a way that is not yet reflected in our reports. When referencing the data published on this page, please keep in mind that the data provided here may not accurately depict the current reality of the market.
Elk Grove, CA Rental Market Trends
What is the average rent in Elk Grove?
The average rent for an apartment in Elk Grove is $1,974, a 14% increase compared to the previous year, when the average rent was $1,736.
Average Rent in Elk Grove, CA
Last updated April 2021
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,974 | 14% | 998 sq. ft. |
What is the average apartment size in Elk Grove?
The average size for a Elk Grove, CA apartment is 998 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Elk Grove, CA Apartment Rent Ranges
- $1,001-$1,50010%
- $1,501-$2,00052%
- > $2,00038%
Elk Grove, CA Occupied Housing Units
- Renter-occupied Households20%
- Owner-occupied Households79%
10,691 or 20% of the households in Elk Grove, CA are renter-occupied while 42,491 or 79% are owner-occupied.
Elk Grove, CA Rent Trends
| Average Rent | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | Apr / 2021 |
|---|---|---|---|---|---|---|---|---|---|---|
| Elk Grove, CA | $1,570 | $1,572 | $1,675 | $1,641 | $1,736 | $1,758 | $1,736 | $1,773 | $1,877 | $1,974 |
| National | $1,317 | $1,348 | $1,357 | $1,361 | $1,393 | $1,400 | $1,401 | $1,391 | $1,393 | $1,399 |
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How Elk Grove Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Los Angeles | $2,353 | -6% |
| San Francisco | $2,901 | -20% |
| East Bay | $2,273 | -4% |
| San Diego | $2,216 | -1% |
| Palo Alto | $2,913 | -13% |
| Sacramento | $1,554 | 7% |
| Davis | $2,259 | n/a |
| Stockton | $1,330 | 9% |
| Roseville | $1,892 | 9% |
| Walnut Creek | $2,280 | -7% |
| Elk Grove | $1,974 | 14% |
Most Popular Apartments in Elk Grove
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Elk Grove apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.