DOWTOWN SACRAMENTO

Downtown Sacramento is home to the new Golden 1 Arena offering basketball, concerts, and many more events for the greater Sacramento Area. With a population of 17,145 people, only 5 percent of those citizens are homeowners, while the rest of the population rents every month. Downtown has an average age of 36 years old, with many restaurants and a vibrant night life for residents to enjoy. Only minutes away from historic Old Town Sacramento, the city can also enjoy local restaurants and riverfront dining nearby.

STATS:

  • Schools: Sacramento Unified School Districts

  • Average price for a home: $390,000

  • Median rent per month: $2,975

Cost of Living: Rent vs Buy

Mortgage based on average home price: $390,000 (0% down payment)

MIDTOWN

Midtown Sacramento offers the young working class a lively environment to live. With most the population being renters, only 7% of the 22,485 population own a home. There are many restaurants with a great night life to accommodate many different people. Downtown is walking distant from some parts of midtown as well as Old Town Sacramento just minutes away to enjoy some historic features of Sacramento.

STATS:

  • Average price for a home: $500,000

  • Median rent per month: $1,847

  • Crime: medium

  • Schools: Elk Grove Unified & Sacramento Unified School districts

Mortgage based on average home price: $415,000 (0% down payment)