Elk Grove, CA

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the Elk Grove short-term rental market based on reliable data.

Listings

149 / 376

Reliable / Active

Cap Rate

7%

Middle-Earners Gross Yield

Revenue

$40,898

Middle-Earners Revenue

Occupancy

65%

Middle-Earners Occupancy

Home Value

$631,637

Median Home Sale Price

Top Earners

$69,667

Top-Earners Revenue

Elk Grove

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Elk Grove.

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C

Challenging to Investors

Elk Grove Regulations

STRs are explicitly allowed citywide in residential zones (with a Minor Conditional Use Permit), but permitted uses are limited (agricultural/commercial zones prohibited), individual room rentals are barred, max 30‑day stays, and a three‑year license with renewal, TOT compliance, and safety/documentation are required; enforcement is active with escalating penalties, creating a moderate-to-high compliance burden that reduces investor friendliness.

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About Elk Grove

Elk Grove, California is a thriving suburban city situated in Sacramento County. It is located approximately 15 miles south of Sacramento, the closest major city. The population of Elk Grove is estimated at over 176,000 residents, making it one of the fastest-growing cities in California.

Elk Grove offers a balanced blend of suburban living with close proximity to urban amenities. It is known for its family-friendly atmosphere, quality schools, and abundant parks and recreational opportunities. Notable landmarks include the Elk Grove Regional Park, a popular destination for outdoor activities such as picnicking, fishing, and sports. The park's official site provides more information.

The city's rich history can be explored at the Elk Grove Historical Museum, which offers insights into the local heritage and culture. For shopping and dining, the Elk Grove Commons and Laguna Gateway provide a variety of options.

Elk Grove's appeal for short-term rentals lies in its strategic location, offering a retreat from the hustle and bustle of Sacramento while still being close to its attractions and employment opportunities. The city is also a gateway to explore Northern California's diverse destinations, from the Sierra Nevada mountains to coastal areas, making it an attractive option for travelers seeking convenience and comfort.

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