Investment in Sacramento CA

Compare Rental Investment in Sacramento CA to Austin TX

According to mmproperties.com, Sacramento is more affordable than Austin, with a median rent of $2,000 compared to Austin's $2,200. However, some say that home prices and rents in Sacramento and Austin are similar. 

Here are some other comparisons between Sacramento and Austin:

• Property prices: Austin's loan affordability index is 1.68, while Sacramento's is 1.78. Austin's price to rent ratio is 17.77, while Sacramento's is 15.45.

• Real estate investment: Austin is considered one of the best places in Texas for real estate investment. In 2021, the AFIRE report ranked Austin as the most attractive market for foreign real estate investors.

• Rental market: Sacramento has a long-term rental market, with 40% of households occupied by renters. Austin is considered a good renters market, with steady occupancy rates and rising rents.

• Real estate appreciation: Sacramento's real estate market has seen high appreciation rates over the years, with appreciation rates in the top 10% of the country.

From Renter's Perspective:

When comparing the median rent prices between Sacramento and Austin, TX, Sacramento proves to be the more affordable option. The rent in Sacramento is 9% lower than in Austin, with the former averaging a rent of $2,000 compared to Austin's $2,200.