salaryRent here is among the highest 10% in the country. Household incomes are higher than in 97% of U.S. cities. A typical house costs about 5.7 years of household income. Most homes (90%) are owned, so rentals can be hard to find. It is a highly educated city: 63.7% of adults have a college degree.
How much money do I need?
To rent here comfortably, you should earn about $138,800 a year. That is $67 an hour at a full-time job.
Is rent cheaper than other California cities?
No. Rent here is more expensive than in most of California. It is number 575 of 653 cities from cheapest to most expensive.
How much do households earn in Granite Bay?
Share of households by yearly income. 65.8% of households earn $100,000 or more.
Rent by apartment size in Granite Bay
| Size | Granite Bay | U.S. average |
|---|---|---|
| 1 bedroom | $2,410 | $1,324 |
| 2 bedrooms | $2,704 | $1,509 |
| 3 bedrooms | $3,148 | $1,698 |
| 4 bedrooms | $1,482 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Granite Bay overall?
Everyday prices in California overall are 11% above the U.S. average (index 110.7, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Granite Bay, so the California figure is shown.
Taxes and bills in Granite Bay
Life in Granite Bay
Is it cheaper to rent or buy in Granite Bay?
Renting is cheaper right now: about $4,412 a month less.
Owning assumes a typical $1,135,900 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $113,590 for the down payment.
Frequently asked questions
What is the average rent in Granite Bay, CA?
Renting in Granite Bay costs a median of about $3,470 a month in 2026, including utilities. The California median is $2,357.
How much do I need to make to live in Granite Bay?
To keep rent under 30% of income, you need about $138,800 a year, or $67 an hour at a full-time job.
Is Granite Bay cheap or expensive?
Granite Bay is rated OK: rent takes 20.9% of the typical household income of $199,098. It ranks 575th cheapest of 653 California cities we track.
How much are property taxes in Granite Bay?
The median homeowner in Granite Bay pays $9,227 a year in property taxes, about 0.81% of the median home value.
Is Granite Bay 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 Granite Bay?
The median home value in Granite Bay is $1,135,900, about 5.7 times the typical yearly household income.
21,673 people live in Granite Bay. Numbers are typical (middle) values.