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City · 17,066 residents · Nevada County, California

Truckee , California

In Truckee, a typical home is worth $947,900 and typical rent is $1,961 a month. Compared with all of Nevada County, the typical home value is 52% higher and typical household income is 45% higher.

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  • Typical home value

    $947,900

    52% above the county

    29% above California

    • Truckee
    • Nevada
    • California

  • Typical rent

    $1,961a month

    17% above the county

    4% below California

    • Truckee
    • Nevada
    • California

  • Typical household income

    $130,462a year

    45% above the county

    32% above California

    • Truckee
    • Nevada
    • California

  • Households that own their home

    73%

    2 points below the county

    18 points above California

    • Truckee
    • Nevada
    • California

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

Market now, with Zillow data

Zillow data
Typical home value
$1,020,590
2.5% more than 12 months ago
Typical rent
$4,044 a month
7.1% more than 12 months ago

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

Truckee is in Nevada County. The FHA loan limit ($649,750 for a one-unit home), the fair market rents and the help on this page are those of all of Nevada County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Truckee apart

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

  1. Nearby, in Pollock Pines, the typical home value is $394,000: 58% less than in Truckee ($947,900).

  2. The typical home in Truckee is worth $947,900, 52% more than in Nevada County as a whole ($621,800).

  3. The typical household income in Truckee is $130,462, 45% more than in Nevada County as a whole ($89,882).

  4. Nearby, in Pollock Pines, the typical rent is $1,281: 35% less than in Truckee ($1,961).

  5. The typical rent in Truckee is $1,961 a month, 17% more than in Nevada County as a whole ($1,677).

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

The homes here

Housing in Truckee

What homes there are in Truckee, 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 is the most common home in Truckee: 81% of homes, near the figure in Nevada County (82%).

Year built

Here half of the homes date from 1989 or later; in Nevada County, from 1983 or later.

In Truckee, 76% of homes have 3 bedrooms or more, more than in Nevada County (65%).

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

$3,355 a month

Nevada County: $2,851 a month

Without a mortgage

$1,079 a month

Nevada County: $997 a month

Owners with a mortgage

72%

Nevada County: 61%

In Truckee, 72% of owners have a mortgage, and their typical cost is $3,355 a month, against $2,851 in Nevada County. Without one it drops to $1,079.

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 Truckee rose 60% since 2015–2019, more than in Nevada County (44%).

The typical rent in Truckee 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

MeasureTruckeeNevada CountyCaliforniaUnited States
Rental vacancy Unreliable estimateUnreliable estimate4.2%5.5%
Homeowner vacancy Unreliable estimate1.3%0.8%0.9%
More than one person per room Unreliable estimate1.9%8.2%3.4%
People per household 2.472.362.842.53
Drive alone 56%63%66%69%
Carpool 4%6%10%9%
Public transit Unreliable estimateUnreliable estimate3%3%
Walk or bike 7%3%3%3%
Work from home 30%25%17%15%
Other means Unreliable estimate2%2%2%
Typical commute 10 to 19 minutes10 to 19 minutes20 to 29 minutes20 to 29 minutes

By size, households in Truckee look like those in Nevada County: 2.47 people on average.

In Truckee, 30% of workers work from home, more than in Nevada County (25%).

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 Truckee?

A typical home costs more than the typical income allows

We start with a typical home in Truckee, worth $947,900, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 72% of the typical household income in Truckee, which is $130,462 a year. For that payment to be 28% of income, a household would need to earn about $336,360 a year. Note: at that price the loan is above the FHA limit for Nevada County ($649,750), 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 Nevada County.

Your numbers

Local data
$

Starts at the typical home value in Truckee. 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 $33,177 (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

$7,848

at 7.18% · 30 years

Loan amount
$930,731
Total interest
$1,339,103
Paid off in
November 2056

Includes $16,008 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $3,044 a month

  • Tight

    $3,044 to $3,914 a month

  • Hard

    more than $3,914 a month

    Your payment · 72%

Compared with the typical household income in Truckee ($130,462 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$7,848
Principal & interest$6,305
Property tax$577
Home insurance$395
FHA mortgage insurance (MIP)$572

This loan is over the FHA limit

You'd borrow $914,723, but the FHA limit for a one-unit home in Truckee is $649,750. You'd need a bigger down payment or a different loan.

You need at least $33,177 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

Truckee and Nevada County

Truckee is in Nevada 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).

Truckee's own numbers

Typical home value
$947,900
Typical monthly rent
$1,961
Typical yearly household income
$130,462
Households that own their home
73%
Effective property tax rate
0.73%

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

Numbers for all of Nevada County

FHA limit, one-unit home
$649,750
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,885
Price change over 5 years (FHFA)
+27%
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 Nevada County.

Everything about Nevada County

Buying

Buying a home in Truckee

A typical home in Truckee is worth $947,900: 52% above the county and 29% above California. With the typical household income in Truckee ($130,462 a year), a typical home costs 7.3 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.

  • Truckee 7.3 years
  • Nevada 6.9 years
  • California 7.4 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Nevada County

According to FHFA’s house price index, home prices in Nevada County rose 64% in the 10 years through 2025.

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

Period County California U.S.
Last year (2025) +0.9% +0.8% +2.9%
5 years (2020–2025) +27% +40% +47%
10 years (2015–2025) +64% +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

Truckee next to Nevada 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
  • Truckee $947,900
  • Nevada $621,800
  • California $734,700
  • United States $332,700
Typical monthly rent
  • Truckee $1,961
  • Nevada $1,677
  • California $2,036
  • United States $1,413
Typical yearly household income
  • Truckee $130,462
  • Nevada $89,882
  • California $99,122
  • United States $80,734
See the full table
Truckee next to Nevada County and California
Measure Truckee Nevada County California U.S.
Typical home value $947,900 $621,800 $734,700 $332,700
Typical monthly rent $1,961 $1,677 $2,036 $1,413
Typical yearly household income $130,462 $89,882 $99,122 $80,734
Households that own their home 73% 75% 56% 65%
Typical yearly property tax $6,897 $4,694 $5,124 $3,119
Effective property tax rate 0.73% 0.75% 0.7% 0.94%
Renters with high rent for their income 55% 57% 55% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Nevada 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 Truckee

For a typical $947,900 home in Truckee, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Truckee's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $7,848a month

    Above the FHA limit for Nevada County ($649,750)
    Down payment
    $33,177
    Cash to close
    $61,614
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $572

  • Conventional, 5% down $7,522a month

    Above the conventional limit for Nevada County ($832,750): it would be a "jumbo" loan
    Down payment
    $47,395
    Cash to close
    $75,832
    Rate
    7.18%
    Mortgage insurance
    PMI · $450

  • Conventional, 20% down, no PMI $6,109a month

    Least cash to close
    Down payment
    $189,580
    Cash to close
    $218,017
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $6,985a month

    Down payment
    $142,185
    Cash to close
    $170,622
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is Conventional, 20% down, no PMI.

  • 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 Truckee and for Nevada County.

Property tax

Effective rate in Truckee

0.73%of the home’s value each year

$6,897 a year for the typical owner in Truckee.

  • Truckee 0.73%
  • Nevada 0.75%
  • California 0.7%

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

Exemptions and deadlines in California

Flood risk in Nevada County

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

Homes in the high-risk zone
0.6%
292
Of those, with NFIP insurance
23%
County California U.S.
Homes in the high-risk zone 0.6% 2.8% 3.5%
Of those, with NFIP insurance 23% 31% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Truckee

Typical rent in Truckee is $1,961 a month: 17% above the county. In Truckee, 55% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Nevada County, by unit size. To pay the 2-bedroom one ($1,885 a month) without spending more than 30% of your income, you would need to earn $36.25 an hour working full time.

HUD fair market rent for all of Nevada 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 $1,313 $25.25 $52,520
1 bedroom $1,441 $27.71 $57,640
2 bedrooms $1,885 $36.25 $75,400
3 bedrooms $2,610 $50.19 $104,400
4 bedrooms $3,151 $60.60 $126,040

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 Truckee

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Truckee is in ZIP code 96161.

For 2 bedrooms it is $2,410: $525 more than the fair market rent for Nevada County ($1,885).

  • 96161 $2,410$3,310

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

Low-income apartments

Low-income apartments in Truckee

HUD lists 7 buildings with rents for lower incomes in Truckee. These are the largest.

  • Truckee Pines 10100 Estates Dr, Truckee 96161 104 low-income homes · In service since 1996 · For families
  • Henness Flats 11907 Waters Way, Truckee 96161 92 low-income homes · 2 bd: 36 · 3 bd: 56 · In service since 2007 · For families
  • Truckee-Donner Senior Citizen Community 10040 Estates Dr, Truckee 96161 60 homes, 59 low-income · 1 bd: 54 · 2 bd: 6 · In service since 1999 · For older adults
  • Sierra Village Apt Homes 10081 Martis Valley Rd, Truckee 96161 72 homes, 56 low-income · In service since 2001 · For families
  • Truckee Riverview Homes 11230 Village Way, Truckee 96161 39 homes, 38 low-income · 3 bd: 17 · 4 bd: 21 · In service since 2000 · For families

See all 21 buildings in Nevada County Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in Truckee

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 Nevada County. The nearest ones are below; many serve by phone or online.

A man leans over the armchair to help a teenage girl with her book.

HUD counseling is free or low-cost

Assistance programs in Truckee

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

The HUD-approved agencies closest to the center of Truckee, 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 · 82 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 · 83 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 · 88 miles away · Spanish

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

All counseling agencies in California

Help in Spanish near Truckee

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 Truckee

HUD lists no housing authority with an office in Nevada County. One in a neighboring county or the state’s may serve the area.

All housing agencies in California Source: HUD

Cities

Other cities in Nevada County

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

Everything about Nevada County Housing in California

Nearby cities

The cities closest to Truckee, with the typical home value.

Neighboring counties

If Nevada 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 Truckee.

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

Questions

Housing questions about Truckee

Short answers with the numbers for Truckee and all of Nevada 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 Truckee?

The typical home value in Truckee is $947,900, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Nevada County it is $621,800.

How much does it cost to rent in Truckee?

Typical rent in Truckee is $1,961 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Nevada County is $1,885.

What is the FHA loan limit in Truckee?

Truckee uses the FHA limit for all of Nevada County (2026): $649,750 for a one-unit home and $1,249,550 for a four-unit home.

How much property tax do owners pay in Truckee?

The typical homeowner in Truckee pays $6,897 a year, according to the U.S. Census Bureau. That is 0.73% of the home’s value; in Nevada County, the rate is 0.75%.

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

We found no HUD-approved counseling agencies with an office in Nevada 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).