Rancho Cordova, CA

April 2026

Rancho Cordova’s monthly mortgage math just got harder again

A jump in the 30-year fixed rate adds $94 to the monthly payment on a median-priced home, even as local prices have fallen over the past year.

Week of June 1, 2026

Rancho Cordova weighs General Plan land use choices as Rio del Oro adds two more Elliott Homes phases

The City Council reviewed the long-range blueprint that will guide housing through roughly 2045, cleared two more subdivision phases in the massive Rio del Oro project, and advanced a zoning code rewrite covering specific land uses.

April 2026

Rancho Cordova renters are paying nearly as much as owners would

Median rent in Rancho Cordova now sits at roughly 89% of the estimated cost of owning, narrowing the financial calculus between leasing and buying.

the three months ending April 2026

Rancho Cordova’s median price slipped sharply, and buyers responded

Prices fell more than 8% year-over-year while sales jumped 31%, signaling that cheaper homes and lower mortgage rates pulled buyers off the sidelines.

Week of May 27, 2026

Rancho Cordova approves Asteria Flats affordable housing loan and finalizes Steelridge project changes

The City Council backed a loan deal for a new affordable apartment complex, cleared the way for the Steelridge subdivision in Suncreek, and began charting where the city's next homes will go under a long-range General Plan update.

Week of May 18, 2026

Rancho Cordova approves loan for Asteria Flats affordable apartments and finalizes Steelridge rezone

The City Council locked in financing for a new affordable rental project, certified a stormwater vote tied to the same development, and gave final approval to housing changes in the Suncreek Specific Plan.

March 2026

Rancho Cordova rents barely budge as renters edge close to the 30% burden line

Median rent rose just $13 over the past year to $2,170, but local households are spending 29.1% of income on housing — a hair from rent-burdened territory.

March 2026

Rancho Cordova’s median home price fell nearly $90,000 from a year ago

Newly released March data shows prices down 14.8% year-over-year, even as homes sold faster and buyers saved roughly $578 a month compared to last spring.