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Home & Rent Values <br />It is more expensive to own or rent a home in Pleasanton than in the County or Bay Area <br />•Typical home value - $1,213,900 <br />• County - $951,380 <br />• Bay Area - $1,077,230 in the Bay Area. <br />•Median rent - $2,290 per month <br />• County - $1,690 <br />• Bay Area - $1,850 <br />(Note – Zillow zip code rental data shows an observed market rate <br />rent at around $3,200 per month) <br />Cost Burden by Tenure <br />• Renters are more cost burdened <br />than homeowners <br />• Almost 1 in 4 <br />renters spend 30-50% of income on <br />housing <br />• 21% of renters are severely cost-burdened <br />76% <br />53% <br />14% <br />23% <br />10% <br />21% <br />0% <br />10% <br />20% <br />30% <br />40% <br />50% <br />60% <br />70% <br />80% <br />90% <br />100% <br />Owner Occupied Renter Occupied <br />Pe <br />r <br />c <br />e <br />n <br />t <br /> <br />o <br />f <br /> <br />H <br />o <br />u <br />s <br />e <br />h <br />o <br />l <br />d <br />s <br />Not Computed <br />50%+ of Income Used for Housing <br />30%-50% of Income Used for Housing <br />0%-30% of Income Used for Housing <br />Source: U.S. Census Bureau, ACS 2015-2019 <br />25 <br />26 <br />Public Participation Summaries City of Pleasanton | E-21