Citrus Heights Rents Fell 0.3% in November
Dec 31, 2024 08:44AM ● By Apartment List News ReleaseCITRUS HEIGHTS, CA (MPG) - Citrus Heights rents are flat month-over-month and up 1.5% year-over-year.
The median rent in Citrus Heights fell by 0.3% over the course of November, and has now increased by a total of 1.5% over the past 12 months. Citrus Heights’s rent growth over the past year has outpaced both state (0.2%) and national (-0.6%) averages.
Citrus Heights’ rent growth in 2024 pacing above last year. Eleven months into the year, rents in Citrus Heights have risen 2.0%. This is a faster rate of growth compared to what the city was experiencing at this point last year: from January to November 2023 rents had increased 0.7%.
Citrus Heights rents are 3.7% lower than the metro-wide median. If we expand our view to the wider Sacramento metro area, the median rent is $1,760 meaning that the median price in Citrus Heights ($1,695) is 3.7% lower than the price across the metro as a whole. Metro-wide annual rent growth stands at 1.1%, below the rate of rent growth within just the city.
Five cities in the Sacramento metro area are included in our database. Among them, Rocklin is currently the most expensive, with a median rent of $2,445. Sacramento is the metro’s most affordable city, with a median rent of $1,685. The metro's fastest annual rent growth is occurring in Sacramento (1.8%) while the slowest is in Rocklin (-1.1%).