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Affordable
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These days, finding an affordable place to live in the Rancho Cordova area can be challenging. Home prices in Rancho Cordova are now at a median cost of $495,170, lower than the California average of $812,006.
The average cost of rent is $2,130/mo in Rancho Cordova, primarily driven by the current value of real estate in the Rancho Cordova area. In Rancho Cordova, 39.04% of households rent, and 28.19% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Rancho Cordova is $9,001 per month. Households that rent pay about 23.67% of their income on rent here. Rancho Cordova’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
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Cities with Similar Populations
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- Portland, OR: higher priced homes
- Port Charlotte, FL: less expensive homes
- Portland, ME: higher priced homes
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