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Sacramento 3-bedroom rents reach $2,300 as concessions hold near 21%

Sacramento 3-bedroom rents rose to $2,300 in Q3 2026, concessions held at 20.8%, and buying cost $1,549 more per month than renting.

Sacramento 3-bedroom rents reach $2,300 as concessions hold near 21%
Written by
Rental Beast
Published
October 23, 2026

Q3 2026 at a glance

Sacramento rents edged higher this quarter while concessions held at 20.8%, about half the national rate, and listings leased in a median 18 days.
Median days on market
18
No change vs. Q2
Listings with concessions
20.8%
Unchanged from Q2
Median 3-bedroom rent
$2,300
+2.7% year over year
Cost to buy vs. rent
+$1,549
Per month, up $102 vs. Q2

Median rent by unit type

The median 3-bedroom rent rose 1.2% to $2,300, its highest point in the last nine quarters, and single-family rents gained 2.3% to $1,995.

Median rent by property type
Q3 2024 to Q3 2026. Hover a quarter for details
$1,600 $1,800 $2,000 $2,200 $2,400 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 1Q26 2Q26 3Q26 3BD $2,300 SF $1,995 2BD $1,925 MF $1,850 1BD $1,635
1BD
$1,635
+0.1% YoY, +0.6% QoQ
2BD
$1,925
+0.3% YoY, 0.0% QoQ
3BD
$2,300
+2.7% YoY, +1.2% QoQ
SF
$1,995
+0.8% YoY, +2.3% QoQ
MF
$1,850
0.0% YoY, +0.3% QoQ
Rental Beast

Concessions and days on market

Concessions held at 20.8%, about half the national median of 39.8%, and median days on market stayed at 18 as single-family rentals leased in 15.

Listings offering a concession
20.8%
Unchanged from 20.8% last quarter, down 18.4% YoY
National median: 39.8%
Median days on market
All
18
0.0%
SF
15
-6.2%
MF
20
-4.8%
Change is quarter over quarter. National median: All 19 / SF 17 / MF 20
Rental Beast

Property manager sentiment

Every manager surveyed reports about the same applicant volume, and the share expecting rent increases fell to 2% from 11% in Q2.

Do you expect rent prices to increase, decrease, or remain the same over the next 6 months?
Remain the same 97%
Increase (2%) Decrease (0%) Remain the same
Q2 2026: 11% increase, 1% decrease, 88% remain the same
Are you currently getting more, fewer, or about the same applicants for your available rentals?
100%
Fewer (0%) More (0%) About the same
Q2 2026: 3% fewer, 10% more, 86% about the same
Rental Beast

Rent vs. buy: the gap widens

Buying costs $1,549 more per month than renting, up $102 from Q2 and the widest gap since Q4 2024.

Monthly cost to rent
$2,300
Monthly cost to buy
$3,849
Difference
+$1,549
more per month to buy, up from $1,447 in Q2
Rent vs. buy gap by quarter
$1,522
$1,307
$1,210
$1,308
$1,447
$1,549
2Q25
3Q25
4Q25
1Q26
2Q26
3Q26
Rent is the median 3-bedroom rent. Buy uses the median list price of $615,000 (August 2026), 20% down, 7.2% rate, taxes and insurance.Rental Beast

Check out the Q3 2026 nationwide report

Download the full national analysis including rent-vs-buy and sentiment data across every tracked metro: Q3 2026 National Rental Market Report

Additional reports are available for the following markets:

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Methodology

Rental data used in this report are sourced and catalogued directly by Rental Beast, unless otherwise noted. Rental Beast listing data covers a range of rental property types and owner types operating within the long-term rental market (generally considered to be leases with a minimum of three months). Single-family rentals are considered to be properties with 4 or fewer units. Multifamily is more than 4 doors. Unless otherwise noted, our analysis uses the Sacramento-Roseville-Folsom, CA metropolitan statistical area (MSA) as the geographical unit.

Rents are calculated based on these listings. Days on market (DOM) and concession analysis are based on these listings, with some data sources excluded due to DOM and concession info being unavailable or deemed to be unreliable. Concessions are incentives that entice renters to sign a lease (e.g., one month free, a gift card, etc.). Our sentiment survey is based on phone conversations during Q3 2026 with rental building and community managers and property managers. Questions and answer choices:

  • Q1. Do you expect rent prices to increase, remain the same or decrease over the next 6 months? [Possible answers: Remain the same, increase, decrease]
  • Q2. Do you believe you are currently getting more, about the same or fewer applicants for your available rentals? [Possible answers: About the same, more, fewer]

DISCLAIMER. This report attempts to provide reliable and useful information; however, there is no guarantee that the information or other content in this document is accurate, current or suitable for any particular purpose. All content is subject to change without notice. All content is provided on an “as is” basis, with no warranties of any kind whatsoever. Rental data used in this report are sourced and catalogued directly by Rental Beast, unless otherwise noted. Our analysis uses MSA as the geographical unit and is not reflective of all-U.S. measures. Information from this document may be used with proper attribution.

©2026 by Rental Beast

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