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Rental Market Trends in Elk Grove, CA

What is the average rent in Elk Grove, CA?

$1,917/month

Average Rent

739 Sq Ft

Average Apartment Size

-2.4%

Decrease in the Last Year

As of April 2026, the average rent in Elk Grove, CA is $1,917 per month. This is 17% higher than the national average rent price of $1,641/month, making Elk Grove one of the most expensive cities in the US. When you rent an apartment in Elk Grove, you can expect to pay about per month for a studio, $1,917 for a one-bedroom apartment, and around $2,282 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,665 or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,917/month
739 Sq Ft
Two Bedroom
$2,282/month
1,042 Sq Ft
Three Bedroom
$2,665/month
1,247 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,369/month
604 Sq Ft
Two Bedroom
$2,498/month
1,080 Sq Ft
Three Bedroom
$2,937/month
1,458 Sq Ft
Four Bedroom
$3,416/month
2,374 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Elk Grove, CA?

In the past year, rent has decreased by 2.4%, which averages out to $45 less per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated April 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Elk Grove, CA
Last Updated April 2026
Above $2,000
Most rental prices fall within this range
Rent Ranges in Elk Grove, CA
Percentage*
Rent Range
0% Below $700/month
5% $700 - $1,000/month
19% $1,001 - $1,500/month
19% $1,501 - $2,000/month
57% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Elk Grove?

Based on current rent prices, Sheldon, Sheldon Farms and Lakeside are the most affordable neighborhoods in Elk Grove.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Sheldon
$2,185/month
724 Sq Ft
Sheldon Farms
$2,185/month
724 Sq Ft
Lakeside
$2,225/month
778 Sq Ft

What are the most expensive neighborhoods in Elk Grove?

Based on current rent prices, Lakeside, Sheldon and Sheldon Farms are the most expensive neighborhoods in Elk Grove.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Lakeside
$2,225/month
778 Sq Ft
Sheldon
$2,185/month
724 Sq Ft
Sheldon Farms
$2,185/month
724 Sq Ft

Which Elk Grove neighborhoods have the most rentals available?

The neighborhoods in Elk Grove with the most apartments available are Lakeside, Sheldon and Sheldon Farms .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Lakeside
$2,225/month
778 Sq Ft
Sheldon
$2,185/month
724 Sq Ft
Sheldon Farms
$2,185/month
724 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Elk Grove, CA?

Because the average rent in Elk Grove is $1,917, you’ll want to make about $6,390 per month or $76,680 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Elk Grove, CA

206 Available Apartments for Rent

Search for Nearby Apartments

How does Elk Grove, CA compare to other nearby cities and neighborhoods?

Use the tool below to compare Elk Grove, CA to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Elk Grove, CA

Apartment Averages

Sheldon

Elk Grove, CA

Lakeside

Elk Grove, CA

Studio
-
-
One Bedroom
-
$2,045/month
Two Bedroom
-
$2,559/month
Three Bedroom
-
$2,820/month
Search
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Nearby City Rent Trends

  • Galt Average Rent

Apartment communities in Elk Grove we think you'll love

Stonelake Apartments Homes

Stonelake Apartments Homes

10270 E Taron Dr,
Elk Grove, CA 95757

$2,214 - $3,873

1-3 Beds

Tricon Elk Grove

Tricon Elk Grove

10439 Barrena Loop,
Elk Grove, CA 95757

$2,659 - $4,263

2-3 Beds

Cottages at Laguna

Cottages at Laguna

8570 Center Pky,
Sacramento, CA 95823

$2,745 - $2,995

1-3 Beds

Laguna Creek

Laguna Creek

8760 Center Pky,
Elk Grove, CA 95758

$1,875 - $2,240

1-2 Beds

Property Management Companies in Elk Grove, CA

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Sunrise Management
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1 Community in Elk Grove
Sequoia Equities, Inc
Sequoia Equities, Inc
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American Capital Group
American Capital Group
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1 Community in Elk Grove

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United States California Elk Grove Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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© 2026 CoStar Group, Inc.

Equal Housing Opportunity