Sacramento multifamily market, October 2026

Neither side has the edge in Sacramento, and it is holding steady: asking rents are up 0.9% on a year, while jobs grew 0.8%.

Updated October 31, 2026 · from Zillow, BLS and the US Census Bureau

+0.9%

Asking rent, year over year

Zillow · September 2026

+0.8%

Jobs, year over year

BLS · September 2026, preliminary

5.0%YEARLY

Vacancy

Census · 2024 count

What is moving now

Asking rents are up 0.9% on a year to September 2026, which is the figure the condition is read from. Jobs are up 0.8% over the same year to September 2026, a first release the BLS revises the following month. Nothing is pulling hard either way in the latest figures (September 2026).

The backdrop

These are yearly Census counts, not this month's: 5.0% of rentals sat empty in 2024, permits for new apartments were down 6% in 2025, more people moved in than out in 2025, and the typical rent was $1,904 a month in 2024. They are the background the monthly figures move against, and they are the newest the Census has published.

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Common questions about Sacramento

Answered from the data, updated October 31, 2026

Is the Sacramento rental market tight or soft right now?

In Sacramento right now, neither side has a clear edge, and it is stable.

Which way is the Sacramento market heading?

Sacramento is stable right now, as asking rents firm over the past year (Zillow ZORI, monthly).

Is Sacramento a landlord's or a renter's market?

Sacramento is a balanced market right now, with neither side holding a clear edge.

What is the vacancy rate in Sacramento?

Vacancy in Sacramento is 5.0% in the 2024 count, a yearly snapshot rather than a monthly reading (US Census Bureau).

How much have Sacramento rents changed?

Asking rents in Sacramento are up 0.9% over the past year (Zillow ZORI, monthly, latest Sep 2026).

Recent coverage

Daily, from the MetroSgnl news feed. Headlines only.

Elk Grove Advances Plans for More Than 5,000 Homes as California Presses Cities to Expand HousingDavis Vanguard

Lewis Apartments Opens 208-Unit Community in West SacramentoREBusinessOnline

Sacramento backs disputed plan to turn big market-rate complex into affordable housingNewsBreak: Local News & Alerts

Lewis Apartments Opens New 208-Unit Resort-Style Rental Community in West Sacramento’sMultifamilyBiz

Commentary: Before you vote, check Sacramento’s housing claimsThe Coast News Group

Lewis Apartments Opens Independence in West SacramentoMultifamily & Affordable Housing Business

See all Sacramento news →

Data: Zillow ZORI, BLS, US Census Bureau, FRED, and the MetroSgnl news feed. Recomputed daily. Market information only, not investment advice.
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