Elk Grove, CA housing market
Typical home value
$625K
▼ 1.6% 1 yr
Typical rent
$2,688/mo
▲ 2.1% 1 yr
Gross rent yield
5.2%
U.S. 6.3%
5-year home value change
+4%
U.S. +20%
Key takeaways
- 1The typical home in Elk Grove is worth $624,643, down 1.6% over the past year and up 4% over five years.
- 2Typical rent is $2,688 a month (+2.1% YoY), a gross rent yield of 5.2% (above the Sacramento, CA metro's 4.8%).
- 3With 20% down at 7.32%, principal and interest on the typical home is about $3,433/mo, $745 more than typical rent.
- 4Zillow forecasts the Sacramento, CA metro's home values to change −0.8% over the next 12 months.
Market temperature (Sacramento, CA metro)
Buyer's market
Buyer'sNeutralSeller's
Zillow Market Heat Index: 42/100, #243 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.
Home values and rent
Source: Zillow Research (ZHVI, ZORI and market activity data).
How Elk Grove compares
| Measure | Elk Grove | Sacramento, CA metro | United States |
|---|---|---|---|
| Typical home value | $624,643 | $572,813 | $366,157 |
| Home value, 1-yr change | −1.6% | +0.0% | +1.2% |
| Typical rent | $2,688 | $2,269 | $1,932 |
| Rent, 1-yr change | +2.1% | +1.8% | +2.7% |
| Gross rent yield | 5.2% | 4.8% | 6.3% |
| Price-to-rent ratio | 19.4 | 21.0 | 15.8 |
| Mortgage P&I, typical home | $3,433 | $3,148 | $2,012 |
Run the numbers
Rental property calculator
Cash flow on a typical Elk Grove rental, pre-filled.
Rent vs buy in Elk Grove
Which costs less over the years you'll stay.
Mortgage calculator
Monthly payment on a $625K home.
Landlord in California? See California deposit, late fee and notice rules.
Other cities in the Sacramento, CA metro
Sacramento, CA
$471K home$2,045 rent
▼ 0.6% 1 yr
Roseville, CA
$644K home$2,521 rent
▲ 0.8% 1 yr
Citrus Heights, CA
$469K home$1,883 rent
▼ 0.3% 1 yr
Rancho Cordova, CA
$529K home$2,412 rent
▼ 1.4% 1 yr
Folsom, CA
$755K home$2,667 rent
■ 0.0% 1 yr
Davis, CA
$827K home$2,394 rent
▼ 0.8% 1 yr
Woodland, CA
$547K home$2,287 rent
▼ 0.3% 1 yr
Rocklin, CA
$688K home$2,408 rent
▲ 0.7% 1 yr
City figures are Zillow's typical home value (ZHVI) and observed rent (ZORI). Gross yield is before expenses. Data refreshed Oct 26, 2026.