The Sacramento suburb's median rent of $1,855 keeps housing costs just under the rent-burden threshold, even after a modest year-over-year climb.
With the typical household spending under 21% of income on rent, Fair Oaks sits comfortably below the 30% threshold that defines housing strain.
Zillow data shows the median asking rent rose 3.4% over the past year, pushing one of Sacramento's pricier suburbs into four-figure territory.
The Sacramento suburb's typical asking rent is among the highest in the area, yet year-over-year movement has flattened to barely perceptible levels.
Median rent in Rocklin held nearly flat over the past year, leaving typical households spending just under a quarter of their income on housing.
Median rents in Folsom rose modestly over the past year, but high local incomes keep the typical renter spending just 22% on housing — well below the 30% burden threshold.
Median rent in Roseville now equals roughly 82% of estimated ownership costs, even as rents climbed 2.4% over the past year.
A 13% drop in the headline price masks a 6.7% rise in per-square-foot pricing, suggesting buyers shifted toward smaller homes this spring.
With only four homes sold over three months, a single transaction can swing Newcastle's headline price — and this spring it swung sharply upward.
With only 10 homes sold in the three months ending April, a thin market pushed the median sale price up sharply from a year earlier.