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88 1 Bedroom Apartments for rent in Rancho Cordova, CA

Last updated October 15 at 8:02am UTC
Results within 1 miles of Rancho Cordova, CA
Results within 5 miles of Rancho Cordova, CA
Rosemont Park
9190 Schmuckley Drive
Rosemont, CA
Updated October 15 at 3:17am UTC
1 Bedroom
$1,227
Meridian Terrace Condominiums
5755 Callie Lane
Carmichael, CA
Updated October 14 at 10:39am UTC
1 Bedroom
$1,185
Legacy Park
8079 Sunrise East Way
Citrus Heights, CA
Updated October 14 at 9:43am UTC
1 Bedroom
$1,045
Eclipse 96 Apartments
12202 Fair Oaks Blvd
Fair Oaks, CA
Updated October 15 at 3:17am UTC
1 Bedroom
$1,185
Monte Bello Apartments
4001 S Watt Ave
Rosemont, CA
Updated October 15 at 3:17am UTC
1 Bedroom
$1,414

October 2018 Rancho Cordova Rent Report

Welcome to the October 2018 Rancho Cordova Rent Report. Rancho Cordova rents increased over the past month. In this report, we'll evaluate trends in the Rancho Cordova rental market, including comparisons to cities throughout the state and nation.

View full Rancho Cordova Rent Report
Rent Report
Rancho Cordova

October 2018 Rancho Cordova Rent Report

Welcome to the October 2018 Rancho Cordova Rent Report. Rancho Cordova rents increased over the past month. In this report, we'll evaluate trends in the Rancho Cordova rental market, including comparisons to cities throughout the state and nation.

Rancho Cordova rents increased significantly over the past month

Rancho Cordova rents have increased 0.5% over the past month, and are up moderately by 2.6% in comparison to the same time last year. Currently, median rents in Rancho Cordova stand at $1,060 for a one-bedroom apartment and $1,340 for a two-bedroom. This is the third straight month that the city has seen rent increases after a decline in June. Rancho Cordova's year-over-year rent growth leads the state average of 1.1%, as well as the national average of 0.9%.

Rents rising across cities in California

Throughout the past year, rent increases have been occurring not just in the city of Rancho Cordova, but across the entire state. Of the largest 10 cities that we have data for in California, all of them have seen prices rise. The state as a whole logged rent growth of 1.1% over the past year. Here's a look at how rents compare across some of the largest cities in the state.

  • Looking throughout the state, San Francisco is the most expensive of all California's major cities, with a median two-bedroom rent of $3,110; of the 10 largest California cities that we have data for, all have seen rents rise year-over-year, with Anaheim experiencing the fastest growth (+3.3%).
  • San Jose, Oakland, and Sacramento have all experienced year-over-year growth above the state average (2.7%, 2.3%, and 1.6%, respectively).

Rancho Cordova rents more affordable than many large cities nationwide

As rents have increased moderately in Rancho Cordova, large cities nationwide have seen rents grow more modestly, or in some cases, even decline. Rancho Cordova is still more affordable than most large cities across the country.

  • Rancho Cordova's median two-bedroom rent of $1,340 is above the national average of $1,180. Nationwide, rents have grown by 0.9% over the past year compared to the 2.6% rise in Rancho Cordova.
  • While Rancho Cordova's rents rose moderately over the past year, some cities nationwide saw decreases, including Seattle (-1.6%) and Portland (-1.2%).
  • Renters will find more reasonable prices in Rancho Cordova than most large cities. For example, Seattle has a median 2BR rent of $1,680.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.
City Median 1BR price Median 2BR price M/M price change Y/Y price change
Sacramento $950 $1,210 -0.1% 1.6%
Elk Grove $1,380 $1,750 0.2% 2.3%
Citrus Heights $1,070 $1,360 -0.2% 2.7%
Folsom $1,440 $1,830 -0.7% 5.2%
Rancho Cordova $1,060 $1,340 0.5% 2.6%
Rocklin $1,340 $1,700 -0.4% 3.4%
Antelope $1,290 $1,640 -0.4% 1.7%
North Highlands $1,060 $1,340 -0.9% 4.9%

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.