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Rental Insights for ZIP Code 95823 (Sacramento, CA)

Housing Rentals in ZIP Code 95823 (Sacramento, CA)

95823 ZIP Code in California

An In-depth Dive Into Housing Rentals in ZIP Code 95823

The 95823 ZIP Code is primarily located in Sacramento, CA in Sacramento County. The median housing rent payment in this region of California is $1,164 per month. About 54.3% of all housing units in this Sacramento County ZIP Code are occupied by renters. Additionally, the region has an approximate rental vacancy rate of 3.4%.

The median rent in ZIP Code 95823 of $1,164 per month is 23% lower than the aggregate California median monthly rent of $1,503, and is 10% higher than the $1,062 the median monthly rent in the U.S. overall. An estimated 37.2% of residents in ZIP Code 95823 pay between $1,000 and $1,499 per month for rent. That is 30% higher than in California overall, in which 28.6% of total state residents pay between $1,000 and $1,499 per month for housing. Only 0.2% of renters in this Sacramento, CA region pay between $2,500 and $2,999 per month for rent.

ZIP Code 95823 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 95823

See the chart below for a comparison of monthly rental costs in ZIP Code 95823, California, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 95823 along with those in the state of California and the U.S. overall. For example, what percentage of renters pay between $1,000 and $1,499 monthly.

Rental Cost in ZIP Code 95823

See the table below for the regional comparison of monthly rental costs.

Cost ZIP 95823 California U.S.
Less than $500 5.9% 4.9% 9.4%
$500 to $999 30.1% 16.5% 36.2%
$1,000 to $1,499 37.2% 28.6% 30.0%
$1,500 to $1,999 23.8% 23.2% 14.0%
$2,000 to $2,499 2.4% 13.4% 5.6%
$2,500 to $2,999 0.2% 6.9% 2.4%
$3,000 or more 0.4% 6.7% 2.4%

Rent Cost vs. Income in ZIP Code 95823

Renters in ZIP Code 95823 use an estimated 33.73% of their income to cover their monthly rent payments. That is about 8% higher than in California overall. The estimate for California overall is 31.23% of income used for housing rent payments. In comparison to the U.S. as a whole, ZIP Code 95823 renters use about 13% more of their income to cover rent expense. Household income figures for ZIP Code 95823 come in lower than in California as a whole. The median annual household income in ZIP Code 95823 of $47,553 sits approximately 37% lower than the overall California median income of $75,235 and approximately 24% lower than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 95823

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 95823, California, and also in the U.S. as a whole.

This chart visualizes monthly rent cost as a percentage of household income in ZIP Code 95823 along with the same calculations in the state of California and the U.S. overall. For example, what percentage of renters pay 15.0 to 19.9 percent of the monthly household income toward rent.

Rent as a Percentage of Income in ZIP Code 95823

See the table below for the regional comparison of monthly rent as a percentage of household income.

Rent Cost as % of Income ZIP 95823 California U.S.
Less than 15.0 percent 6.8% 10.3% 13.1%
15.0 to 19.9 percent 7.6% 11.2% 12.9%
20.0 to 24.9 percent 10.1% 12.2% 12.9%
25.0 to 29.9 percent 10.4% 11.5% 11.6%
30.0 to 34.9 percent 10.8% 9.6% 9.1%
35.0 percent or more 54.3% 45.2% 40.5%

Household Income in ZIP Code 95823

See the table below for the regional comparison of annual household income in ZIP Code 95823.

Income ZIP 95823 California U.S.
Less than $10,000 7.9% 4.8% 6.0%
$10,000 to $14,999 5.7% 4.1% 4.3%
$15,000 to $24,999 10.9% 7.5% 8.9%
$25,000 to $34,999 13.1% 7.5% 8.9%
$35,000 to $49,999 14.7% 10.5% 12.3%
$50,000 to $74,999 19.9% 15.5% 17.2%
$75,000 to $99,999 10.9% 12.4% 12.7%
$100,000 to $149,999 12.1% 16.6% 15.1%
$150,000 to $199,999 2.5% 8.9% 6.8%
$200,000 or more 2.3% 12.2% 7.7%

Household Income in ZIP Code 95823

See the chart below for a comparison of annual household income figures in ZIP Code 95823, California, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 95823 alongside the same figures for the state of California and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 95823

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 95823.

ZIP 95823 California U.S.
Median Housing Rent $1,164 $1,503 $1,062
Renter-Occupied Housing Units 54.3% 45.2% 36.0%
Rental Vacancy Rate 3.4% 3.6% 6.0%
Average Size of Renter-Occupied Unit 3.23 2.88 2.49
Average # of Bedrooms Per Unit 2.68 2.63 2.75
Percent of Income Spent on Rent 33.73% 31.23% 29.83%
Per Capita Income $19,714 $36,955 $34,103
Median Household Income $61,970 $106,916 $88,607
Living Below the Poverty Line 18.6% 9.6% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 95823

In ZIP Code 95823 (Sacramento, CA), and estimated 54.3% of housing units are occupied by renters. This region has an approximate rental vacany rate of 3.4%.

The per capita income in 95823 is estimated at $19,714, which goes along with an estimated median household income of $61,970. About 18.6% of residents in this Sacramento County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 3.23 occupants, while the units have an aggregate average size of 2.68 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 33.73% of their income on housing rental costs.

Rental FAQs for ZIP Code 95823

1

What is the median monthly rent in ZIP Code 95823?

Median rent for housing in ZIP Code 95823 in Sacramento County in California is approximately $1,164 per month.
2

Is it expensive to rent in ZIP Code 95823?

Rent in ZIP Code 95823 is lower than average in the state of California overall. The median monthly rent of $1,164 in ZIP Code 95823 is approximately 23% lower than the California median of $1,503. Additionally, median rent in this Sacramento, CA region ($1,164) is about 10% higher than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 95823?

High-priced rentals are less common in ZIP Code 95823 than in California overall. The percentage of rentals in ZIP Code 95823 that cost $3,000 or more per month (0.4%) is about 94% lower than the California rate of 6.7% that cost that much. Additionally, the overall U.S. rate of 2.4% paying $3,000 or more per month is about 83% higher than the aforementioned 95823 rate of 0.4%.
4

Are affordable rentals common in ZIP Code 95823?

Affordable rentals are more common in ZIP Code 95823 than in California overall. The percentage of housing rentals in ZIP Code 95823 costing $999 or less per month (36%) is approximately 68% higher than the California rate of 21.4% that fall in that range. In addition, the aggregate U.S. rate of 45.6% paying $999 or less per month is about 21% higher than the previously mentioned 95823 rate of 36%.
5

What is the most common cost range that rentals fall into in ZIP Code 95823?

The most common range for rental cost in ZIP Code 95823 is between $1,000 and $1,499 per month. About 37.2% of renters in 95823 pay in this range for monthly rent. In comparison, approximately 28.6% of renters in the state of California fall in the between $1,000 and $1,499 range, and 30.0% of overall U.S. renters fall in this range.
6

Does ZIP Code 95823 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 95823 is lower than the rental vacancy rate in the state of California overall. Rental vacancy of 3.4% in ZIP Code 95823 is about 6% lower than the California rate of 3.6%. Looking more broadly, rental vacancy in this Sacramento, CA region (3.4%) is an estimated 43% lower than the estimated rental vacancy rate of 6.0% in the U.S. overall.
7

What is the average household income in ZIP Code 95823? How does it compare to other California regions?

Median household income in ZIP Code 95823 is lower than in the state of California overall. Annual household income of $47,553 in ZIP Code 95823 is about 37% lower than the California median of $75,235. Additionally, median household income in this Sacramento, CA region ($47,553) is approximately 24% lower than median household income of $62,843 in the U.S. as a whole.
8

How much of their income do renters in ZIP Code 95823 spend on housing costs?

Renters in ZIP Code 95823 spend a higher amount of their income on rent costs than do renters in California overall. Renters in ZIP Code 95823 spend an estimated 33.73% of their income on rent payments, which is about 8% higher than the overall California estimated rate of 31.23%. In addition, the aggregate U.S. estimated rate of 29.83% of income spent on housing rental costs is about 13% lower than the ZIP Code 95823 estimated rate of 33.73%.
9

Do renters in ZIP Code 95823 typically spend a large portion of their income on rent payments?

It is common for renters in ZIP Code 95823 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 95823 spending 30 percent or more of their income on rent costs (65.1%) is approximately 19% higher than the California rate of 54.8% that spend that much. In addition, the overall U.S. rate of 49.6% paying 30 percent or more of their income on rent costs is about 31% lower than the aforementioned 95823 rate of 65.1%.
10

What is the average household size of renter-occupied units in ZIP Code 95823?

The average household size of renter-occupied units in ZIP Code 95823 is higher than in the state of California overall. Annual household size of 3.23 in ZIP Code 95823 is about 12% higher than the California median of 2.88. Additionally, median household size in this Sacramento, CA region (3.23) is approximately 30% higher than median household size of 2.49 in the U.S. as a whole.

Rental Insights for other California ZIP Codes