Salinas
California · Ranked #347 of 373 metros
34Crisis
💡
Housing in Salinas costs 8.62× the median income, above the national average of 4.5×. The median home price is $759K and median rent is $2,004/month. Salinas ranks #347 of 373 metros for affordability.
Median Home Price
🏠$759K
Need $224K income
Median Rent
🔑$2,004
Need $80K income
Building Permits
🔨677
annual
Median Income
💰$88K
Pop: 334,390
Rent Burden
⚠️29.0%
of renters paying >30%
Homeownership
🏡53.0%
Rent Burden
vs. National Average
Key Facts vs. National Average
| Metric | Salinas | National |
|---|---|---|
| Price-to-Income Ratio | 8.62x | 6.1x |
| Rent Burden | 29.0% | 31.5% |
| Homeownership Rate | 53.0% | 65.5% |
| YoY Rent Change | 0% | +2.8% |
| Mortgage Denial Rate | 0.0% | 13.5% |
| Eviction Rate | 0.0% | 3.6% |
House Price Index (2000–2025)
FHFA All-Transactions HPI
Since 2019: +50.7%Since 2000: +178.9%
HUD Fair Market Rents (FY2026)
Section 8 voucher payment standards
Studio$2,173/mo
1 Bedroom$2,232/mo
2 Bedroom$2,684/mo
3 Bedroom$3,623/mo
4 Bedroom$3,945/mo
Zillow Market Data
Home Value (ZHVI)
$833K
1yr: -2.1%5yr: +24.1%
Rent (ZORI)
$2,826/mo
1yr: +1.1%5yr: +29.8%
Note: ZORI reflects current listing prices and may differ from the Census ACS median rent shown above, which captures what renters actually pay including below-market and subsidized units.
Redfin Market Activity
Median Sale Price
$985K
Active Inventory
14
Days on Market
41
Sold Above List
33.3%
Price Drops
21.4%