salaryRent here is among the highest 10% in the country. A typical house costs about 7.0 years of household income, so buying is hard for most locals. Commutes are long, about 31 minutes each way.
How much money do I need?
To rent here comfortably, you should earn about $142,800 a year. That is $69 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 644 of 653 cities from cheapest to most expensive.
How much do households earn in San Lorenzo?
Share of households by yearly income. 42.4% of households earn $100,000 or more.
Rent by apartment size in San Lorenzo
| Size | San Lorenzo | U.S. average |
|---|---|---|
| Studio | $1,383 | $1,338 |
| 1 bedroom | $1,127 | $1,324 |
| 2 bedrooms | $2,314 | $1,509 |
| 3 bedrooms | $3,032 | $1,698 |
| 4 bedrooms | $2,403 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is San Lorenzo 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 San Lorenzo, so the California figure is shown.
Taxes and bills in San Lorenzo
Life in San Lorenzo
Is it cheaper to rent or buy in San Lorenzo?
Renting is cheaper right now: about $2,308 a month less.
Owning assumes a typical $847,100 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $84,710 for the down payment.
Frequently asked questions
What is the average rent in San Lorenzo, CA?
Renting in San Lorenzo costs a median of about $3,570 a month in 2026, including utilities. The California median is $2,357.
How much do I need to make to live in San Lorenzo?
To keep rent under 30% of income, you need about $142,800 a year, or $69 an hour at a full-time job.
Is San Lorenzo cheap or expensive?
San Lorenzo is rated Expensive: rent takes 35.3% of the typical household income of $121,504. It ranks 644th cheapest of 653 California cities we track.
How much are property taxes in San Lorenzo?
The median homeowner in San Lorenzo pays $5,683 a year in property taxes, about 0.67% of the median home value.
Is San Lorenzo 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 San Lorenzo?
The median home value in San Lorenzo is $847,100, about 7.0 times the typical yearly household income.
29,171 people live in San Lorenzo. Numbers are typical (middle) values.