Santa Rosa, CA

Sonoma County ยท Pop. 178,839

Ranked #211 of 243 cities

22Crisis

Median Home Price

๐Ÿ 

$720K

2.0% YoY

Median Rent

๐Ÿ”‘

$2,000

1.5% YoY

Median Income

๐Ÿ’ฐ

$75K

Rent Burden

๐Ÿ“Š

33.5%

% of income to rent

Income to Buy

๐Ÿฆ

$207K

annual income needed

Income to Rent

๐Ÿ“

$80K

annual income needed

Price-to-Income

โš–๏ธ

9.6x

Homeownership

๐Ÿก

52.0%

Rent vs. Buy

Buy

$3,832/mo

Est. mortgage (7%, 20% down)

Need $207K/yr income

Rent

$2,000/mo

Median rent

Need $80K/yr income

How Santa Rosa Compares

MetricSanta RosaCaliforniaNational
Home Price$720K$726K$410K
Rent$2,000$1,992$1,500
Income$75K$96K$75K
Rent Burden33.5%40.5%30.0%

Key Takeaways

  • โ€ข Home prices in Santa Rosa are 76% higher than the national average.
  • โ€ข Rent is 33% higher than the national average.
  • โ€ข You need an income of $207K to comfortably buy a home here.
  • โ€ข The homeownership rate is 52.0%, compared to 65.0% nationally.