Median Home Price
$1,041,956.05
Median Rent
$2,718.48/mo
Price-to-Rent Ratio
31.9
Property Tax RateTIE
0.73%
Price Change (1Y)
-5.5%
Break-Even YearsTIE
N/A
10-Year Wealth Difference
−$849,614
Median Home PriceBETTER
$518,552.99
Median RentBETTER
$2,149.07/mo
Price-to-Rent RatioBETTER
20.1
Property Tax RateTIE
0.73%
Price Change (1Y)BETTER
-2.9%
Break-Even YearsTIE
N/A
10-Year Wealth DifferenceBETTER
−$286,216
Key Differences
Home Prices
Oakland's median home price of $1,041,956.05 is higher than Sacramento's $518,552.99 by 101%.
Monthly Rent
Renting in Oakland costs $2,718.48/mo compared to $2,149.07/mo in Sacramento—a difference of $569.41/mo.
Buy vs Rent Verdict
Both cities currently favor renting.
Break-Even Timeline
Break-even analysis varies based on market conditions in each city.