Sacramento's population has shown a steady upward trend, reaching approximately 2.46 million in Q4 2026, reflecting a year-over-year growth of 1.76%. This growth is supported by a net migration of 4,931 residents, contributing to a renter share of 36.4%. The median household income stands at $98,775, while the employment figures indicate a robust labor market with 1,173,596 employed individuals. However, the unemployment rate is reported at 5.9%, which may influence housing demand dynamics in the region.
In the multifamily sector, the HUD Fair Market Rent for a two-bedroom unit is $2,206, which serves as a benchmark below the current asking rents. Year-over-year multifamily rent growth is recorded at 2.1%, with the median gross rent also at $1,904. This indicates a relatively stable rental market, although the growth rate is below the national median of 3.5%. The affordability of housing remains a concern, as the asking rents for various unit types suggest that many households may face challenges in meeting housing costs.
Over the trailing 24 months, Sacramento has seen 586 transactions in the multifamily sector, with a total volume of approximately $1.05 billion and a median price per unit of $316,667. The multifamily cap rate is currently at 5.7%, which is about 134 basis points tighter than the national median of 7.04%. This suggests a competitive investment environment, although the cap rates for office, retail, and industrial properties remain higher, indicating varied risk profiles across asset classes. As reported by CBRE Research, the multifamily market's resilience amid economic fluctuations may continue to attract investor interest, albeit with caution regarding affordability trends.
Figures assembled automatically from public property records, third-party listing feeds, licensed market data, and federal sources (HUD, Census, BLS).
Gov. Gavin Newsom's signature on SB 328 has handed Concord and master developer Brookfield Properties a streamlined path to more than 12,000 homes at the former Concord Naval Weapons Station, while Brisbane's City Council works through final hearings on the up-to-2,200-home Baylands plan under pressure from state housing regulators. The…
Sacramento's industrial market absorbed nearly 348,000 square feet in the third quarter and nudged vacancy down to 6.1 percent, while investors traded about 3.9 million square feet worth roughly $416 million, more than three times the square footage that sold in the second quarter. The post Sacramento Industrial Sales More…
Roseville has handed a second developer a chance to build affordable senior housing on a downtown lot that has sat empty for more than a decade, approving a sale to Eden Housing four years after an earlier deal for the same site collapsed. The Roseville City Council voted unanimously earlier…
Sacramento's office market kept direct vacancy at 11.0 percent in the third quarter despite slightly negative absorption, as state agency consolidation, cautious private tenants and a thin development pipeline left the capital region in a holding pattern. The post Sacramento Office Vacancy Holds at 11% as Leasing Slows and Asking…
A 96,921-square-foot neighborhood center anchored by Food 4 Less on South Sacramento's Mack Road corridor has come to market at $15.9 million, giving buyers a 7 percent going-in yield, in-place rents roughly 21 percent below market and a property delivered free of existing debt. The post 97,000 SQFT Food 4…
If the deal for the former food factory at 2000 Folsom St. closes, Anthropic would join Amazon Robotics, Medra and DoorDash in taking industrial space in San Francisco's eastern neighborhoods, where zoning reserves buildings for production, distribution and repair uses. Anthropic is said to be lining up a lease of…
Recent investments highlight significant developments in Sacramento's healthcare and multifamily real estate sectors.
The Sacramento office market is rebounding, primarily due to increased government and healthcare leasing, while multifamily and industrial sectors exhibit mixed trends.
| Sold | Address | Type | Units | Price | $/Unit |
|---|---|---|---|---|---|
| 2025-11-01 | 10930 Fair Oaks Blvd, Fair Oaks, CA 95628 | Multifamily | 44 | $6.7M | $152,273 |
| 2025-10-03 | 6930 Fair Oaks Blvd, Carmichael, CA 95608 | Multifamily | 267 | $33.5M | $125,468 |
| 2025-09-16 | 950 Howe Ave, Sacramento, CA 95825 | Multifamily | 152 | $18.9M | $124,178 |
| 2025-07-03 | 5241 Marconi Ave, Carmichael, CA 95608 | Multifamily | 43 | $7.3M | $169,767 |
| 2025-05-22 | 1727 Kasser Rd, Elverta, CA 95626 | Multifamily | — | $899K | — |
| 2025-05-20 | 575 Ford Rd, Sacramento, CA 95838 | Multifamily | 2 | $850K | $425,000 |
| 2025-05-16 | 4434 San Juan Ave, Fair Oaks, CA 95628 | Multifamily | — | $710K | — |
| 2025-05-16 | 5153 Kovanda Ave, Carmichael, CA 95608 | Multifamily | 2 | $770K | $385,000 |
| 2025-05-15 | 2861 Taft St, Sacramento, CA 95815 | Multifamily | 4 | $360K | $90,000 |
| 2025-05-14 | 4820 Marysville Blvd, Sacramento, CA 95838 | Multifamily | 2 | $725K | $362,500 |
| 2025-05-14 | 3814 Willow St, Sacramento, CA 95838 | Multifamily | 2 | $550K | $275,000 |
| 2025-05-13 | 5023 Swingle Dr, Davis, CA 95618 | Multifamily | — | $829K | — |
| 2025-05-13 | 945 Cypress Ln, Davis, CA 95616 | Multifamily | 2 | $846K | $423,150 |
| 2025-05-13 | 6300 Beta Ct, Citrus Heights, CA 95621 | Multifamily | — | $625K | — |
| 2025-05-09 | 47 46th St, Sacramento, CA 95819 | Multifamily | 2 | $640K | $320,000 |
| 2025-05-07 | 800 Sacramento Ave, West Sacramento, CA 95605 | Multifamily | 70 | $42.8M | $611,429 |
| 2025-05-07 | 9920 Quail Hill Dr, Newcastle, CA 95658 | Multifamily | 2 | $1.5M | $740,000 |
| 2025-05-07 | 6651 Sunset Bluffs St, Elk Grove, CA 95758 | Multifamily | — | $740K | — |
| 2025-05-07 | 1301 F St, Davis, CA 95616 | Multifamily | 2 | $769K | $384,500 |
| 2025-05-05 | 5724 Jana Ct, Carmichael, CA 95608 | Multifamily | 2 | $650K | $325,000 |
| 2025-05-02 | 308 6th St, Roseville, CA 95678 | Multifamily | 2 | $400K | $200,000 |
| 2025-05-02 | 5511 Harrison St, North Highlands, CA 95660 | Multifamily | 141 | $27.8M | $196,809 |
| 2025-05-02 | 1738 Jerron Pl, Sacramento, CA 95825 | Multifamily | 40 | $7.0M | $175,000 |
| 2025-05-02 | 1730 Jerron Pl, Sacramento, CA 95825 | Multifamily | 40 | $7.0M | $175,000 |
| 2025-05-02 | 339 Bell Ave, Sacramento, CA 95838 | Multifamily | 76 | $14.5M | $190,789 |
| 2025-05-02 | 6085 Peoria Dr, Citrus Heights, CA 95621 | Multifamily | 2 | $753K | $376,250 |
| 2025-05-02 | 1510 E St, Sacramento, CA 95814 | Multifamily | 2 | $1.6M | $805,000 |
| 2025-05-02 | 1103 D St, Sacramento, CA 95814 | Multifamily | 4 | $550K | $137,500 |
| 2025-05-01 | 661 Walnut St, West Sacramento, CA 95691 | Multifamily | 14 | $1.0M | $73,857 |
| 2025-05-01 | 1420 16th St, Sacramento, CA 95814 | Multifamily | 1 | $500K | $500,000 |
| 2025-05-01 | 1510 16th St, Sacramento, CA 95814 | Multifamily | 1 | $500K | $500,000 |
| 2025-05-01 | 5600 Bradd Way, Sacramento, CA 95822 | Multifamily | 1 | $440K | $440,000 |
| 2025-05-01 | 4915 Fruitridge Rd, Sacramento, CA 95820 | Multifamily | 2 | $421K | $210,500 |
| 2025-04-30 | 7340 25th Ave, Sacramento, CA 95820 | Multifamily | — | $570K | — |
| 2025-04-30 | 2624 Los Nogales Way, Rancho Cordova, CA 95670 | Multifamily | 2 | $575K | $287,500 |
| 2025-04-30 | 709 Sunset Ave, West Sacramento, CA 95605 | Multifamily | 6 | $725K | $120,833 |
| 2025-04-30 | 3727 46th St, Sacramento, CA 95820 | Multifamily | 2 | $785K | $392,500 |
| 2025-04-30 | 6339 Oakcreek Way, Citrus Heights, CA 95621 | Multifamily | — | $500K | — |
| 2025-04-30 | 1267 Kennady Ln, Sacramento, CA 95822 | Multifamily | 2 | $910K | $455,000 |
| 2025-04-30 | 3729 46th St, Sacramento, CA 95820 | Multifamily | — | $785K | — |
| 2025-04-30 | 3145 Benham Ct, Placerville, CA 95667 | Multifamily | 3 | $1.7M | $566,667 |
| 2025-04-30 | 3158 Big Cut Rd, Placerville, CA 95667 | Multifamily | 6 | $1.7M | $283,333 |
| 2025-04-30 | 8133 Monte Park Ave, Fair Oaks, CA 95628 | Multifamily | 1 | $918K | $917,500 |
| 2025-04-30 | 902 Lawton Ave, Roseville, CA 95678 | Multifamily | 13 | $2.2M | $169,231 |
| 2025-04-29 | 800 Bidwell St, Folsom, CA 95630 | Multifamily | — | $1.2M | — |
| 2025-04-29 | 7647 Denio Way, Citrus Heights, CA 95610 | Multifamily | 2 | $427K | $213,250 |
| 2025-04-29 | 2421 Binnen Ln, Sacramento, CA 95818 | Multifamily | 1 | $759K | $759,000 |
| 2025-04-28 | 10365 Mills Tower Dr, Rancho Cordova, CA 95670 | Multifamily | 1 | $590K | $590,000 |
| 2025-04-28 | 2870 26th Ave, Sacramento, CA 95820 | Multifamily | 2 | $410K | $205,000 |
| 2025-04-28 | 6040 Bourbon Dr, Carmichael, CA 95608 | Multifamily | 1 | $640K | $640,000 |
Recorded multifamily sales from public property records and third-party listing feeds over the trailing 24 months — a partial sample, not an exhaustive market index. Sources & methodology →
IntellCRE pairs this public market data with AI-powered underwriting, comps, and deal marketing. Book a walkthrough and see how fast you can underwrite your next acquisition.
Free commercial real estate market reports — demographics, cap rates, rent growth, and recent sale comps — for the 50 largest U.S. metros.