States › California › Diamond Springs

Is Diamond Springs, CA expensive to live in?

OKRent takes 26 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,7832% higher than U.S. average
💵 Families earn per year (2026)$83,281about $6,940/month · 4% lower than U.S. average
🔑 House price$423,40027% higher than U.S. average

Rent is higher than in 57% of U.S. cities. A typical house costs about 5.1 years of household income.

How much money do I need?

To rent here comfortably, you should earn about $71,320 a year. That is $34 an hour at a full-time job.

Is rent cheaper than other California cities?

Yes. Rent here is cheaper than in most of California. It is number 149 of 653 cities from cheapest to most expensive.

Diamond Springs
$1,783
Clayton
$3,500+
Sierra Madre
$2,142
Piedmont
$3,022
Citrus
$2,485
Calimesa
$1,891
Delhi
$1,351

How much do households earn in Diamond Springs?

Under $25k
12.4%
$25k–50k
26.9%
$50k–100k
28.6%
$100k–150k
18.3%
$150k+
9.0%

Share of households by yearly income. 27.3% of households earn $100,000 or more.

Rent by apartment size in Diamond Springs

SizeDiamond SpringsU.S. average
1 bedroom$1,175$1,324
2 bedrooms$1,506$1,509
3 bedrooms$2,025$1,698
4 bedrooms$1,848$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Diamond Springs overall?

Everyday prices in California overall are 11% above the U.S. average (index 110.7, U.S. = 100).

Housing
154
Goods (food, clothes…)
106
Utilities
159
Other services
103
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Diamond Springs, so the California figure is shown.

Taxes and bills in Diamond Springs

🏛️ Property tax$2,515a year · 0.59% of home value · U.S. $3,119
⚡ Electric bill$187a month (typical) · U.S. $156

Life in Diamond Springs

Commute to work21.1 minU.S.: 26.4 min
College degree22.2%U.S.: 35.7%
Own their home67.8%U.S.: 65.2%
Below poverty line15.6%U.S.: 12.5%
Unemployment7.7%U.S.: 5.2%

Is it cheaper to rent or buy in Diamond Springs?

Renting is cheaper right now: about $1,155 a month less.

Renting
$1,783
Owning
$2,938

Owning assumes a typical $423,400 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $42,340 for the down payment.

Frequently asked questions

What is the average rent in Diamond Springs, CA?

Renting in Diamond Springs costs a median of about $1,783 a month in 2026, including utilities. The California median is $2,357.

How much do I need to make to live in Diamond Springs?

To keep rent under 30% of income, you need about $71,320 a year, or $34 an hour at a full-time job.

Is Diamond Springs cheap or expensive?

Diamond Springs is rated OK: rent takes 25.7% of the typical household income of $83,281. It ranks 149th cheapest of 653 California cities we track.

How much are property taxes in Diamond Springs?

The median homeowner in Diamond Springs pays $2,515 a year in property taxes, about 0.59% of the median home value.

Is Diamond Springs more expensive than the national average?

Overall prices in California are 11% above the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Diamond Springs?

The median home value in Diamond Springs is $423,400, about 5.1 times the typical yearly household income.

10,927 people live in Diamond Springs. Numbers are typical (middle) values.