Davis rents now run past $2,500, eating roughly a third of household income
The typical Davis rent climbed past $2,500 a month over the past year, leaving the median household spending roughly a third of its income on housing.
Latest snapshot: the three months ending August 2026
The typical Davis rent climbed past $2,500 a month over the past year, leaving the median household spending roughly a third of its income on housing.
City planners briefed the council on the early stages of rewriting Davis's guiding land-use document, a process that will help decide where and how new homes get built for the next two decades.
The median sale price dropped 6.1% from a year earlier, one of the sharpest declines in the region, while sales volume and inventory both climbed.
Homes in the college town sold in 20 days over the three months ending July, roughly a week quicker than last year, even as the median price slipped.
The Davis City Council loosened rules for accessory dwelling units and got its first look at a draft map showing where the city could grow through 2050.
The median asking rent rose 1.5% from a year ago, mirroring the roughly 1.6% increase seen across the wider region.
Sales volume in the college town rose 5.2% year-over-year and jumped nearly 14% from the prior period, defying a modest slide in the median sale price.
The June election settled the fate of the Village Farms Davis project, while the city council advanced downtown apartments, a new subdivision, and a homeless services facility on H Street.
The university town's typical rent rose just $15 over twelve months, holding near $2,554 even as nearby markets posted steeper annual gains.
Listings in the college town are clearing in just 11 days, nearly four days quicker than last spring, even as inventory and sales both climbed.