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City · 6,853 residents · Placer County, California

Loomis , California

In Loomis, a typical home is worth $634,500 and typical rent is $1,702 a month. Compared with all of Placer County, typical household income is 30% lower, typical rent is 18% lower, and the share of households that own their home is 13 points higher.

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  • Typical home value

    $634,500

    8% below the county

    14% below California

    • Loomis
    • Placer
    • California

  • Typical rent

    $1,702a month

    18% below the county

    16% below California

    • Loomis
    • Placer
    • California

  • Typical household income

    $81,487a year

    30% below the county

    18% below California

    • Loomis
    • Placer
    • California

  • Households that own their home

    87%

    13 points above the county

    32 points above California

    • Loomis
    • Placer
    • California

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

Market now, with Zillow data

Zillow data
Typical home value
$947,367
2.9% more than 12 months ago

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

Loomis 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 Loomis apart

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

  1. Loomis has the 21st largest share of rent-burdened renters of the 616 cities in California with more than 5,000 people (73%).

  2. The typical household income in Loomis is $81,487, 30% less than in Placer County as a whole ($115,998).

  3. 87% of households in Loomis own their home, against 75% in Placer County.

  4. The typical rent in Loomis is $1,702 a month, 18% less than in Placer County as a whole ($2,069).

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

The homes here

Housing in Loomis

What homes there are in Loomis, 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

Detached houses, standing on their own, make up 84% of homes here, against 78% in Placer County.

Year built

Homes in Loomis are older: the typical year built is 1980; in Placer County, 1994.

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

$2,617 a month

Placer County: $2,984 a month

Without a mortgage

$800 a month

Placer County: $939 a month

Owners with a mortgage

74%

Placer County: 70%

The typical cost for an owner with a mortgage in Loomis is $2,617 a month, less than in Placer County ($2,984); without one, $800.

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

The typical home value in Loomis rose 40% since 2015–2019, less than in Placer County (46%).

The typical rent in Loomis stayed about the same over that time: the difference is within the Census margin of error.

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

MeasureLoomisPlacer 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 2.242.622.842.53
Drive alone 67%68%66%69%
Carpool Unreliable estimate6%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

On average, a household in Loomis has 2.24 people, fewer than in Placer County (2.62).

Working from home is more common in Loomis: 26%, against 23% in Placer County.

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 Loomis?

A typical home costs more than the typical income allows

We start with a typical home in Loomis, worth $634,500, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 75% of the typical household income in Loomis, which is $81,487 a year. For that payment to be 28% of income, a household would need to earn about $219,191 a year.

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 Loomis. 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 $22,208 (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

$5,115

at 7.18% · 30 years

Loan amount
$623,007
Total interest
$896,361
Paid off in
November 2056

Includes $10,715 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $1,901 a month

  • Tight

    $1,901 to $2,445 a month

  • Hard

    more than $2,445 a month

    Your payment · 75%

Compared with the typical household income in Loomis ($81,487 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$5,115
Principal & interest$4,220
Property tax$349
Home insurance$264
FHA mortgage insurance (MIP)$281

You need at least $22,208 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

Loomis and Placer County

Loomis 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).

Loomis's own numbers

Typical home value
$634,500
Typical monthly rent
$1,702
Typical yearly household income
$81,487
Households that own their home
87%
Effective property tax rate
0.66%

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 Loomis

A typical home in Loomis is worth $634,500: 8% below the county and 14% below California. With the typical household income in Loomis ($81,487 a year), a typical home costs 7.8 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.

  • Loomis 7.8 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

Loomis 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
  • Loomis $634,500
  • Placer $688,100
  • California $734,700
  • United States $332,700
Typical monthly rent
  • Loomis $1,702
  • Placer $2,069
  • California $2,036
  • United States $1,413
Typical yearly household income
  • Loomis $81,487
  • Placer $115,998
  • California $99,122
  • United States $80,734
See the full table
Loomis next to Placer County and California
Measure Loomis Placer County California U.S.
Typical home value $634,500 $688,100 $734,700 $332,700
Typical monthly rent $1,702 $2,069 $2,036 $1,413
Typical yearly household income $81,487 $115,998 $99,122 $80,734
Households that own their home 87% 75% 56% 65%
Typical yearly property tax $4,190 $5,812 $5,124 $3,119
Effective property tax rate 0.66% 0.84% 0.7% 0.94%
Renters with high rent for their income 73% 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 Loomis

For a typical $634,500 home in Loomis, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Loomis's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $5,114a month

    Least cash to close
    Down payment
    $22,208
    Cash to close
    $41,243
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $281

  • Conventional, 5% down $4,998a month

    Down payment
    $31,725
    Cash to close
    $50,760
    Rate
    7.18%
    Mortgage insurance
    PMI · $301

  • Conventional, 20% down, no PMI $4,052a month

    Down payment
    $126,900
    Cash to close
    $145,935
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $4,639a month

    Down payment
    $95,175
    Cash to close
    $114,210
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is FHA, 3.5% down.

  • 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 Loomis and for Placer County.

Property tax

Effective rate in Loomis

0.66%of the home’s value each year

$4,190 a year for the typical owner in Loomis.

  • Loomis 0.66%
  • 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 Loomis

Typical rent in Loomis is $1,702 a month: 18% below the county. In Loomis, 73% 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 Loomis

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Loomis is in ZIP code 95650.

For 2 bedrooms it is $2,220: $19 more than the fair market rent for Placer County ($2,201).

  • 95650 $2,220$2,910

1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Loomis 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 Loomis

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 man listens closely, seated at a meeting table.

HUD counseling is free or low-cost

Assistance programs in Loomis

No down payment, repair or rent-help program on our list is for Loomis or Placer County. The ones below are statewide in California: they work in Loomis 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 Loomis

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

  • 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

  • NSC (naca Counseling Subsidiary) - Sacramento, CA

    3336 Bradshaw Rd Ste 100, Sacramento · 19 miles away · Spanish

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

  • Greater Sacramento Urban League-Oak Park

    2331 Alhambra Blvd, Sacramento · 23 miles away · Spanish

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

All counseling agencies in California

Help in Spanish near Loomis

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 Loomis

HUD’s record names them for Loomis 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 Loomis, 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 Loomis.

All guides
Three women of one family lean in together to stir the pan.

Questions

Housing questions about Loomis

Short answers with the numbers for Loomis 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 Loomis?

The typical home value in Loomis is $634,500, 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 Loomis?

Typical rent in Loomis is $1,702 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 Loomis?

Loomis 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 Loomis?

The typical homeowner in Loomis pays $4,190 a year, according to the U.S. Census Bureau. That is 0.66% of the home’s value; in Placer County, the rate is 0.84%.

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

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).