CALCMONEY // HOME AFFORDABILITY // CA // SACRAMENTO
How much house can you afford in Sacramento? Based on local median home prices, current CA mortgage rates, and Sacramento property tax data.
$550,000
$3,470/mo
$148,706/yr
$213,020
Monthly housing costs of $3,470 represent 57.0% of Sacramento's median gross monthly income ($6,083/mo). At 57.0%, median-income buyers in Sacramento are significantly stretched — well above the 28% guideline. A larger down payment or higher income is required.
| Median Home Price | $550,000 |
| Down Payment (20%) | $110,000 |
| Loan Amount | $440,000 |
| Monthly PI Payment | $2,883 |
| Monthly Property Tax | $358 |
| Monthly Insurance Est. | $229 |
| Total Monthly PITI | $3,470 |
| Housing Cost % of Income | 57.0% |
| Required Income (28% rule) | $148,706/yr |
| Max Affordable Home | $213,020 |
$19,250
$4,440/mo
Sacramento Home Affordability Quick Reference 2026
| Metric | Value | Notes |
|---|---|---|
| Median Home Price | $550,000 | Sacramento city median |
| Down Payment (20%) | $110,000 | Conventional loan |
| Monthly PITI | $3,470 | 6.85% rate, 30yr fixed |
| Required Income (28% rule) | $148,706 | Annual gross |
| Max Affordable Home | $213,020 | Based on median income |
| FHA Down (3.5%) | $19,250 | Minimum FHA |
| Housing Cost % of Income | 57.0% | Median income: $73,000/yr |
| Property Tax Rate | 0.78% | $4,290/yr on median home |
Monthly PITI includes principal, interest, property tax, and homeowners insurance. Estimates only.
The median home price in Sacramento is $550,000, with a local 30-year mortgage rate of 6.85%. A buyer putting 20% down carries a loan of $440,000, generating a monthly P&I payment of $2,883. Adding property taxes ($358/mo) and homeowners insurance ($229/mo) brings total monthly PITI to $3,470.
Sacramento's property tax rate of 0.78% is among the lower rates in the country, which improves overall affordability by keeping total PITI closer to the principal and interest payment alone. On the Sacramento median home, that is $358/month, or $4,290 per year.
California levies a state income tax, which affects take-home pay and effective buying power. High-income earners in Sacramento should factor state tax liability into their overall housing budget — mortgage interest may be deductible on both federal and state returns.
Using the 28% rule, a household earning Sacramento's median income of $73,000/year can afford up to $1,703/month in total housing costs. Based on Sacramento's mortgage rate of 6.85% and property tax rate of 0.78%, that translates to a maximum affordable home price of approximately $213,020 with 20% down on a 30-year loan.
To afford the median Sacramento home priced at $550,000, you need an annual gross income of approximately $148,706. Total monthly housing costs (principal and interest of $2,883, property taxes of $358, and insurance of $229) come to $3,470/month, which equals 28% of the required income.
At the median home price of $550,000 and median household income of $73,000, the total monthly housing cost of $3,470 represents 57.0% of gross monthly income. This is well above the standard 28% threshold, making Sacramento a challenging market for buyers at median income.
A conventional 20% down payment on the median Sacramento home of $550,000 is $110,000. An FHA loan requires just 3.5% down — $19,250 — but adds mortgage insurance of roughly $376/month, bringing total FHA payments to $4,440/month.
Los Angeles
$895,000 median
CASan Diego
$870,000 median
CASan Francisco
$1,200,000 median
CASan Jose
$1,350,000 median