Sacramento goes by multiple names such as “Camellia Capital of the World,” the “River City” and the “City of Trees.” It’s also the city that produces the most almonds in the world.
Located between the Sacramento River and the American River, it’s a city full of natural beauty and urban landscapes. Home to half a million residents, Sacramento is a desirable location to live, which means rent prices have also been on the rise. These are the top five Sacramento neighborhoods that have seen the sharpest increase in rent compared to last year.
- Price increase over the past year: 1.82 percent
- Average rent for one-bedroom in Pocket: $1,405.30
This neighborhood gets its name because it’s located right at the river bend of the Sacramento River. The Pocket neighborhood has a mix of gated communities with houses, condos, apartments, private parks and lakes.
Residents will enjoy the suburban vibe in this neighborhood, but keep in mind that rental prices are increasing year over year.
Fun fact: Eddie Murphy once had a home in Pocket. Basketball players from the Sacramento Kings have also lived in this neighborhood of Sacramento.
4. Central Sacramento
- Price increase over the past year: 2.17 percent
- Average rent for one-bedroom in Central Sacramento: $1,850.61
Located in the heart of the city, the Central Sacramento neighborhood is undergoing lots of change and development. In 2015, the city launched a major initiative with the goal of building 10,000 housing units over 10 years.
Because of the robust growth plan, renters have seen a two percent increase in rent over the last year.
Fun fact: During the summer, residents can enjoy free concerts in the park every Friday night at the Cesar Chavez Plaza.
3. South Natomas
- Price increase over the past year: 3.43 percent
- Average rent for one-bedroom in South Natomas: $1,215.20
The Natomas Chamber’s goal is to make the area “the most livable city in California,” and as such, it’s dedicated to providing and upkeeping public parks, community centers and neighborhoods.
With more than 43,000 people residing in South Natomas, it’s becoming a more expensive place to live in the Sacramento Valley.
Fun fact: In South Natomas alone, there are 20 public parks. And for those who love sports trivia, the Sleep Train Arena was the home base for Sacramento Kings until 2016.
2. Southwestern Sacramento
- Price increase over the past year: 6.26 percent
- Average rent for one-bedroom in Southwestern Sacramento: $1,382.39
The area of Southwestern Sacramento is a close-knit community with a variety of activities close by. From the 166-acre William Land Park to the Sacramento Zoo and the whimsical Fairytale Town, this neighborhood has plenty of things for residents to do. People living in Southwestern Sacramento can expect to see rent increases.
Fun fact: The Sacramento Zoo, previously known as “the little zoo in the park,” was founded in 1927 and remains to this day.
- Price increase over the past year: 7.49 percent
- Average rent for one-bedroom in Midtown: $2,037.50
Midtown is the perfect blend of urban and suburban life. There are lots of restaurants, bars and shops but also a good amount of public parks and land. The Midtown Neighborhood Association is actively trying to make the neighborhood “healthy, inclusive and sustainable.”
As Midtown has become one of the most popular places to live in Sacramento, residents will likely see rent prices continue to soar. In one year, rent prices have increased by more than seven percent.
Fun fact: Midtown embraces public art and hosts a festival each year called “Wide Open Walls,” where residents can stroll and enjoy wall murals painted throughout the city.
We looked at all neighborhoods in Sacramento with sufficient available inventory on Apartment Guide and Rent.com and compared the average price from October 2018 to October 2019 to find the neighborhoods with the highest percentage increase in one-bedroom apartment prices.
The current rent information included in this article is based on October 2019 multifamily rental property inventory on Apartment Guide and Rent.com and is used for illustrative purposes only. The data contained herein do not constitute financial advice or a pricing guarantee for any apartment.