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City · 21,673 residents · Placer County, California

Granite Bay , California

In Granite Bay, a typical home is worth $1,135,900 and typical rent is $2,740 a month. Compared with all of Placer County, the typical home value is 65% higher, typical household income is 59% higher, and the share of households that own their home is 15 points higher.

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  • Typical home value

    $1,135,900

    65% above the county

    55% above California

    • Granite Bay
    • Placer
    • California

  • Typical rent

    $2,740a month

    32% above the county

    35% above California

    • Granite Bay
    • Placer
    • California

  • Typical household income

    $184,606a year

    59% above the county

    86% above California

    • Granite Bay
    • Placer
    • California

  • Households that own their home

    90%

    15 points above the county

    34 points above California

    • Granite Bay
    • Placer
    • California

Source: U.S. Census Bureau, Average 2020–2024

Market now, with Zillow data

Zillow data
Typical home value
$1,159,779
3.6% more than 12 months ago
Typical rent
$3,332 a month

From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).

Granite Bay is in Placer County. The FHA loan limit ($764,750 for a one-unit home), the fair market rents and the help on this page are those of all of Placer County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Granite Bay apart

What this place has that others do not, from public data, most unusual first.

  1. The typical home in Granite Bay is worth $1,135,900, 65% more than in Placer County as a whole ($688,100).

  2. Nearby, in Citrus Heights, the typical home value is $454,600: 60% less than in Granite Bay ($1,135,900).

  3. The typical household income in Granite Bay is $184,606, 59% more than in Placer County as a whole ($115,998).

  4. Granite Bay has the 21st highest homeownership rate of the 652 cities in California with more than 5,000 people (90%).

  5. Nearby, in Loomis, the typical rent is $1,702: 38% less than in Granite Bay ($2,740).

  6. The typical rent in Granite Bay is $2,740 a month, 32% more than in Placer County as a whole ($2,069).

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in Granite Bay

What homes there are in Granite Bay, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

The detached house rules in Granite Bay: 92% of homes, more than in Placer County (78%).

Year built

The typical home in Granite Bay was built in 1987, 7 years before the typical one in Placer County.

Homes in Granite Bay are bigger: 92% have 3 bedrooms or more; in Placer County, 71%.

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes
Monthly rent with utilities

With a mortgage

$4,000 or more a month

Placer County: $2,984 a month

Without a mortgage

$1,243 a month

Placer County: $939 a month

Owners with a mortgage

64%

Placer County: 70%

Half of the owners with a mortgage in Granite Bay pay $4,000 or more a month: the Census publishes no higher figure. Without one, $1,243.

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

From 2015–2019 to 2020–2024, home values in Granite Bay rose at about the same pace as in Placer County: 43% against 46%.

The typical rent in Granite Bay rose 36% since 2015–2019, about the same as in Placer County (34%).

Here income did not keep up with housing: it rose 29%, while home values changed +43% and rent +36%.

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureGranite BayPlacer CountyCaliforniaUnited States
Rental vacancy Unreliable estimate4.2%4.2%5.5%
Homeowner vacancy Unreliable estimate1.0%0.8%0.9%
More than one person per room Unreliable estimate2.6%8.2%3.4%
People per household 2.842.622.842.53
Drive alone 63%68%66%69%
Carpool 7%6%10%9%
Public transit Unreliable estimate1%3%3%
Walk or bike Unreliable estimate2%3%3%
Work from home 26%23%17%15%
Other means Unreliable estimate1%2%2%
Typical commute Unreliable estimate20 to 29 minutes20 to 29 minutes20 to 29 minutes

More people live in each home here: 2.84 on average, against 2.62 in Placer County.

Many people here do not commute at all: 26% work from home; in Placer County, 23%.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Granite Bay?

A typical home costs more than the typical income allows

We start with a typical home in Granite Bay, worth $1,135,900, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 62% of the typical household income in Granite Bay, which is $184,606 a year. For that payment to be 28% of income, a household would need to earn about $406,317 a year. Note: at that price the loan is above the FHA limit for Placer County ($764,750), so FHA would not insure it; the payment is only a reference.

The calculator's FHA and conventional loan limits are those of all of Placer County.

Your numbers

Local data
$

Starts at the typical home value in Granite Bay. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $39,757 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$9,481

at 7.18% · 30 years

Loan amount
$1,115,326
Total interest
$1,604,692
Paid off in
November 2056

Includes $19,183 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $4,307 a month

  • Tight

    $4,307 to $5,538 a month

  • Hard

    more than $5,538 a month

    Your payment · 62%

Compared with the typical household income in Granite Bay ($184,606 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$9,481
Principal & interest$7,556
Property tax$767
Home insurance$473
FHA mortgage insurance (MIP)$685

This loan is over the FHA limit

You'd borrow $1,096,143, but the FHA limit for a one-unit home in Granite Bay is $764,750. You'd need a bigger down payment or a different loan.

You need at least $39,757 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

Granite Bay and Placer County

Granite Bay is in Placer County, California. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

Granite Bay's own numbers

Typical home value
$1,135,900
Typical monthly rent
$2,740
Typical yearly household income
$184,606
Households that own their home
90%
Effective property tax rate
0.81%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Placer County

FHA limit, one-unit home
$764,750
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$2,201
Price change over 5 years (FHFA)
+34%
Homes in a high flood-risk zone
0.6%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Placer County.

Everything about Placer County

Buying

Buying a home in Granite Bay

A typical home in Granite Bay is worth $1,135,900: 65% above the county and 55% above California. With the typical household income in Granite Bay ($184,606 a year), a typical home costs 6.2 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • Granite Bay 6.2 years
  • Placer 5.9 years
  • California 7.4 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Placer County

According to FHFA’s house price index, home prices in Placer County rose 72% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Placer County.

Period County California U.S.
Last year (2025) +0.9% +0.8% +2.9%
5 years (2020–2025) +34% +40% +47%
10 years (2015–2025) +72% +80% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

Granite Bay next to Placer County, California and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • Granite Bay $1,135,900
  • Placer $688,100
  • California $734,700
  • United States $332,700
Typical monthly rent
  • Granite Bay $2,740
  • Placer $2,069
  • California $2,036
  • United States $1,413
Typical yearly household income
  • Granite Bay $184,606
  • Placer $115,998
  • California $99,122
  • United States $80,734
See the full table
Granite Bay next to Placer County and California
Measure Granite Bay Placer County California U.S.
Typical home value $1,135,900 $688,100 $734,700 $332,700
Typical monthly rent $2,740 $2,069 $2,036 $1,413
Typical yearly household income $184,606 $115,998 $99,122 $80,734
Households that own their home 90% 75% 56% 65%
Typical yearly property tax $9,227 $5,812 $5,124 $3,119
Effective property tax rate 0.81% 0.84% 0.7% 0.94%
Renters with high rent for their income 51% 58% 55% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Placer County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in Granite Bay

For a typical $1,135,900 home in Granite Bay, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Granite Bay's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $9,481a month

    Above the FHA limit for Placer County ($764,750)
    Down payment
    $39,757
    Cash to close
    $73,834
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $685

  • Conventional, 5% down $9,090a month

    Above the conventional limit for Placer County ($832,750): it would be a "jumbo" loan
    Down payment
    $56,795
    Cash to close
    $90,872
    Rate
    7.18%
    Mortgage insurance
    PMI · $540

  • Conventional, 20% down, no PMI $7,396a month

    Above the conventional limit for Placer County ($832,750): it would be a "jumbo" loan
    Down payment
    $227,180
    Cash to close
    $261,257
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $8,446a month

    Down payment
    $170,385
    Cash to close
    $204,462
    Rate
    8.18%
    Mortgage insurance
    None
  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Granite Bay and for Placer County.

Property tax

Effective rate in Granite Bay

0.81%of the home’s value each year

$9,227 a year for the typical owner in Granite Bay.

  • Granite Bay 0.81%
  • Placer 0.84%
  • California 0.7%

What California publishes Homeowners' exemption (California State Board of Equalization (BOE))

Exemptions and deadlines in California

Flood risk in Placer County

FEMA does not publish these numbers by city: they are for all of Placer County.

Homes in the high-risk zone
0.6%
905
Of those, with NFIP insurance
43%
County California U.S.
Homes in the high-risk zone 0.6% 2.8% 3.5%
Of those, with NFIP insurance 43% 31% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Granite Bay

Typical rent in Granite Bay is $2,740 a month: 32% above the county. In Granite Bay, 51% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Placer County, by unit size. To pay the 2-bedroom one ($2,201 a month) without spending more than 30% of your income, you would need to earn $42.33 an hour working full time.

HUD fair market rent for all of Placer County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $1,742 $33.50 $69,680
1 bedroom $1,793 $34.48 $71,720
2 bedrooms $2,201 $42.33 $88,040
3 bedrooms $2,887 $55.52 $115,480
4 bedrooms $3,329 $64.02 $133,160

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in Granite Bay

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Granite Bay has 2 ZIP codes with their own.

For 2 bedrooms it runs from $2,220 in 95650 to $3,300 in 95746.

2 of the 2 are above the fair market rent for Placer County ($2,201).

  • 95650 $2,220$2,910
  • 95746 $3,300$4,330

1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Granite Bay when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Free help

Help to buy or rent in Granite Bay

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

We found no HUD-approved agencies with an office in Placer County. The nearest ones are below; many serve by phone or online.

A young woman and a young man point to a line in their notes beside a laptop in a library.

HUD counseling is free or low-cost

Assistance programs in Granite Bay

No down payment, repair or rent-help program on our list is for Granite Bay or Placer County. The ones below are statewide in California: they work in Granite Bay the same as in the rest of the state.

Which programs do I qualify for? All programs in California

  • MyHome Assistance Program

    Statewide in California

    CalHFA second loan with deferred payments for the down payment or closing costs of first-time buyers in California. Offered by California Housing Finance Agency (CalHFA).

    Deferred

    See the program Official page

  • California Dream For All Shared Appreciation Loan

    Statewide in California

    Closed, per the source

    CalHFA down payment loan for first-generation buyers in California; when you sell, you repay the loan plus a share of the home's appreciation. Offered by California Housing Finance Agency (CalHFA).

    Shared appreciation

    See the program Official page

  • MyAccess Program

    Statewide in California

    CalHFA second loan with deferred payments for the down payment or closing costs of first-time buyers who use the CalPLUS Access mortgage (FHA or conventional). Offered by California Housing Finance Agency (CalHFA).

    Deferred

    See the program Official page

Housing counselors near Granite Bay

The HUD-approved agencies closest to the center of Granite Bay, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • NSC (naca Counseling Subsidiary) - Sacramento, CA

    3336 Bradshaw Rd Ste 100, Sacramento · 17 miles away · Spanish

    • Mortgage delinquency and default
    • Mortgage delinquency workshops
    • and 7 more
    425-892-6222-1385

  • The Greater Sacramento Urban League

    3725 Marysville Blvd, Sacramento · 17 miles away · Spanish

    • Mortgage delinquency and default
    • Budget and credit workshops
    • and 5 more
    (916) 286-8652

  • Greater Sacramento Urban League-Oak Park

    2331 Alhambra Blvd, Sacramento · 22 miles away · Spanish

    • Budget and credit workshops
    • Homelessness services
    • and 4 more
    (916) 286-8652

All counseling agencies in California

Help in Spanish near Granite Bay

3 of the 3 agencies on this list say they serve in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Granite Bay

HUD’s record names them for Granite Bay or Placer County. They run public housing or Section 8 vouchers. Ask whether their waiting list is open.

One other authority has an office in Placer County: see the list Source: HUD

Cities

Other cities in Placer County

These cities are also in Placer County. They share its loan limits and fair market rents, but home values and rent change from one to the next.

Everything about Placer County Housing in California

Nearby cities

The cities closest to Granite Bay, with the typical home value.

Neighboring counties

If Placer County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Granite Bay.

All guides
A mother smiles as she carries her young daughter on her shoulders (black and white).

Questions

Housing questions about Granite Bay

Short answers with the numbers for Granite Bay and all of Placer County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in Granite Bay?

The typical home value in Granite Bay is $1,135,900, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Placer County it is $688,100.

How much does it cost to rent in Granite Bay?

Typical rent in Granite Bay is $2,740 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Placer County is $2,201.

What is the FHA loan limit in Granite Bay?

Granite Bay uses the FHA limit for all of Placer County (2026): $764,750 for a one-unit home and $1,470,700 for a four-unit home.

How much property tax do owners pay in Granite Bay?

The typical homeowner in Granite Bay pays $9,227 a year, according to the U.S. Census Bureau. That is 0.81% of the home’s value; in Placer County, the rate is 0.84%.

Where can I find free help to buy or rent in Granite Bay?

We found no HUD-approved counseling agencies with an office in Placer County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).