Santa Rosa, CA
Sonoma County ยท Pop. 178,839
Ranked #211 of 243 cities
22Crisis
Median Home Price
๐$720K
2.0% YoY
Median Rent
๐$2,000
1.5% YoY
Median Income
๐ฐ$75K
Rent Burden
๐33.5%
% of income to rent
Income to Buy
๐ฆ$207K
annual income needed
Income to Rent
๐$80K
annual income needed
Price-to-Income
โ๏ธ9.6x
Homeownership
๐ก52.0%
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
| Metric | Santa Rosa | California | National |
|---|---|---|---|
| Home Price | $720K | $726K | $410K |
| Rent | $2,000 | $1,992 | $1,500 |
| Income | $75K | $96K | $75K |
| Rent Burden | 33.5% | 40.5% | 30.0% |
Key Takeaways
- โข Home prices in Santa Rosa are 76% higher than the national average.
- โข Rent is 33% higher than the national average.
- โข You need an income of $207K to comfortably buy a home here.
- โข The homeownership rate is 52.0%, compared to 65.0% nationally.