Daly City, CA

San Mateo County ยท Pop. 104,901

Ranked #243 of 243 cities

12Crisis

Median Home Price

๐Ÿ 

$1.1M

2.2% YoY

Median Rent

๐Ÿ”‘

$2,800

1.5% YoY

Median Income

๐Ÿ’ฐ

$95K

Rent Burden

๐Ÿ“Š

35.0%

% of income to rent

Income to Buy

๐Ÿฆ

$316K

annual income needed

Income to Rent

๐Ÿ“

$112K

annual income needed

Price-to-Income

โš–๏ธ

11.6x

Homeownership

๐Ÿก

52.0%

Rent vs. Buy

Buy

$5,855/mo

Est. mortgage (7%, 20% down)

Need $316K/yr income

Rent

$2,800/mo

Median rent

Need $112K/yr income

How Daly City Compares

MetricDaly CityCaliforniaNational
Home Price$1.1M$726K$410K
Rent$2,800$1,992$1,500
Income$95K$96K$75K
Rent Burden35.0%40.5%30.0%

Key Takeaways

  • โ€ข Home prices in Daly City are 168% higher than the national average.
  • โ€ข Rent is 87% higher than the national average.
  • โ€ข You need an income of $316K to comfortably buy a home here.
  • โ€ข The homeownership rate is 52.0%, compared to 65.0% nationally.