Florin, California Housing Market Prices
Florin Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 45% below the California median$359,512
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Median rent 21% below the California median$1,611
Housing Market Overview
| Metric | Florin | California Avg | US Average |
|---|---|---|---|
| Median Home Price | $359,512 | $650,794 | $248,835 |
| Price Trend (Annual %) | 20.5% | 8.9% | 7.5% |
| Median Gross Rent | $1,611 | $2,036 | $1,407 |
| Rent Trend (Annual %) | 6.3% | 5.8% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Florin is about 45% lower than in California. Rent is about 21% lower than the California average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Florin, up about 20.5% and 6.3% a year respectively. Home prices are changing faster.
Median rent in Florin rose about 63.6% between 2015 and 2024, from $985 to $1,611. Over the same span, rent in California rose about 62.2%.
Affordability
On average, housing unit costs 4.9 yearly household incomes in Florin.
Buying the median-priced home in Florin costs roughly 18.6 years of rent at the median monthly rate. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Florin. The price-to-rent ratio in California is about 26.6.
| Metric | Florin | California Avg | US Average |
|---|---|---|---|
| Median Home Price | $359,512 | $650,794 | $248,835 |
| Median Household Income | $74,006 | $99,161 | $80,455 |
| Price-to-Income Ratio | 4.9 | 6.6 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Florin rose about 310.7%, while median household income rose about 32.4% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Florin | California Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 56.5% | 51.7% | 58.5% |
| Rental Rate | 39.2% | 40.8% | 31.2% |
| Vacancy Rate | 4.3% | 7.5% | 10.2% |
| Median Tenure (years) | 13.0 | 15.0 | 15.0 |
| Median Year Moved In | 2013 | 2011 | 2011 |
Florin has a homeownership rate of 56.5%, higher than the California average of 51.7%. Its housing vacancy rate is 4.3%, compared with 7.5% in California.
Housing Stock
| Metric | Florin | California Avg | US Average |
|---|---|---|---|
| Average Household Size | 3.35 people | 2.84 people | 2.53 people |
| Median Structure Built Year | 1984 | 1975 | 1978 |
| Median Number of Rooms | 5.2 | 5.0 | 5.5 |
The typical housing unit in Florin was built around 1984. On average, 3.4 people live in a home with about 5.2 rooms, staying for about 13.0 years on average.
Florin, CA Housing Compared With Nearby Cities
How Florin, CA compares with the 1 cities closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Florin, CA | 50,195 | $359,512 #2/2 | $1,611 #2/2 | 59.0% #2/2 |
| Elk Grove, CA | 165,605 | $485,021 | $2,237 | 73.2% |
Frequently Asked Questions
Common questions about the housing market in Florin, California.
What is the median home price in Florin, California?
The median home price in Florin, California is $359,512, lower than the California average of $650,794.
What is the average home price in Florin, California?
The typical home price in Florin, California, reported as the median sale price, is $359,512. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Florin, California?
The median gross rent in Florin, California is $1,611 per month, lower than the California average of $2,036.
What was the median gross rent in Florin in 2020?
In 2020, the median gross rent in Florin, California was $1,209 per month.
What is the price-to-rent ratio in Florin, California?
The price-to-rent ratio in Florin, California is about 18.6, meaning it would take roughly 18.6 years of rent payments at the median rent to equal the median home price. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Florin.
Are home prices or rent rising faster in Florin, California?
Both home prices and rent are rising in Florin, up about 20.5% and 6.3% a year respectively. Home prices are changing faster.
What is the homeownership rate in Florin, California?
56.5% of households in Florin, California own their home, higher than the California average of 51.7%.
What is the vacancy rate in Florin, California?
The housing vacancy rate in Florin, California is 4.3%, lower than the California average of 7.5%.
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