Sunnyvale, CA
Santa Clara County · Pop. 155,805
Ranked #242 of 243 cities
12Crisis
Median Home Price
🏠$1.6M
3.0% YoY
Median Rent
🔑$3,300
2.5% YoY
Median Income
💰$135K
Rent Burden
📊31.0%
% of income to rent
Income to Buy
🏦$460K
annual income needed
Income to Rent
📝$132K
annual income needed
Price-to-Income
⚖️11.9x
Homeownership
🏡42.0%
Rent vs. Buy
Buy
$8,516/mo
Est. mortgage (7%, 20% down)
Need $460K/yr income
Rent
$3,300/mo
Median rent
Need $132K/yr income
How Sunnyvale Compares
| Metric | Sunnyvale | California | National |
|---|---|---|---|
| Home Price | $1.6M | $726K | $410K |
| Rent | $3,300 | $1,992 | $1,500 |
| Income | $135K | $96K | $75K |
| Rent Burden | 31.0% | 40.5% | 30.0% |
Key Takeaways
- • Home prices in Sunnyvale are 290% higher than the national average.
- • Rent is 120% higher than the national average.
- • You need an income of $460K to comfortably buy a home here.
- • The homeownership rate is 42.0%, compared to 65.0% nationally.