Chicago · Registered nurse · $98,500 · One adult, renting a 1-bedroomSaved on this device

Chicago · Registered nurse · $98,500 · One adult, renting a 1-bedroom

Sacramento, CA

Housing in Sacramento, CA: Rent, Home Prices & Property Tax

$1,663/mo (1 bd) in Sacramento. Median home $559,000. Property tax 0.74%.

Compare vs Chicago Rank metros from SacramentoHow we figure this

Rent (1 bd): $1,663; /mo
Buy: $3,684; Mortgage, tax, insurance
Buying costs more: $2,021; /mo

State tax and rent

To buy

20% down payment$111,800
Mortgage at 6.5%$2,827
Property tax (0.74% of value)$345/mo · $4,137/yr
Insurance and upkeep$512
Monthly total$3,684

52.7% of renters spend 30% or more of income on rent. Census ACS 2023.

Months to 20% down

$2,146 left each month. About 53 months (4.4 years) to save $111,800.

Asking rent. Census median home price. 30-year fixed, 6.5%, 20% down. Not lending advice.

Moving from Sacramento

Sacramento → Los Angeles · $443 less

Compare Sacramento