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New Report Fall 2026 Housing Affordability Report: every state is less affordable than in late August as average 30-year mortgage rates passed 7%. Read the report

Fair Oaks, CA Housing Affordability Index

Fair Oaks, California has an MBR Housing Affordability Index score of 78.8 (Moderately Less Affordable) as of October 30, 2026, ranking 324th most affordable of 785 scored California cities, compared with 67.5 statewide and 97.4 nationally. On a median-priced $683,000 home with 20% down, the California average 30-year fixed rate of 7.25% means a monthly principal and interest payment of about $3,727, or 38% of the city’s $116,975 median household income.

The MBR Housing Affordability Index (MBR-HAI) for Fair Oaks is updated every night from live California mortgage rates and U.S. Census Bureau income, home value and housing cost data for the city. A score of 100 equals the national average; higher scores mean homeownership is more affordable.

Fair Oaks MBR-HAI 78.8 Moderately Less Affordable
Rank in California 324 of 785 1 = most affordable
California 67.5 Statewide score
National 97.4 100 = baseline
Avg 30-yr rate 7.25% California lenders
Median home value $683,000 U.S. Census Bureau

Fair Oaks is 11.3 points above the California score. Scores as of October 30, 2026. See the California index

View Fair Oaks Mortgage Rates

What It Takes to Buy in Fair Oaks

$3,727/mo
Principal & Interest
Median home, 20% down, 7.25%
$159,700
Income Needed
To keep the payment at 28% of income
$116,975
Median Household Income
California: $99,122
5.8x
Price-to-Income Ratio
California: 7.4x
$2,010/mo
Median Owner Costs
Mortgage, taxes, insurance, utilities
$5,132/yr
Median Property Tax
0.75% of median value
29.8%
Owner Cost Burden
Owners spending 30%+ of income on housing
48.7%
Renter Cost Burden
Renters spending 30%+ of income on rent

Source: U.S. Census Bureau American Community Survey 5-Year Estimates (2024) for Fair Oaks, California. The rate is the California average 30-year fixed rate from MonitorBankRates, since lenders publish rates by state.

Cite the Fair Oaks Score

“MonitorBankRates (MBR) Housing Affordability Index, MonitorBankRates.com, October 30, 2026. Fair Oaks, California score: 78.8 (Moderately Less Affordable), ranked 324 of 785 California cities. monitorbankrates.com/housing-affordability-index/california/fair-oaks”