{
  "schema_version": "1.0",
  "submarket": {
    "slug": "carmichael-ca",
    "name": "Carmichael",
    "state": "CA",
    "city": "CARMICHAEL",
    "cbsa": "Sacramento-Roseville-Folsom",
    "zip_codes": [
      "95608",
      "95609"
    ]
  },
  "report": {
    "yearmonth": "202608",
    "month_label": "August 2026",
    "first_published_at": "2026-10-03T03:36:25.297Z",
    "last_updated_at": "2026-10-03T03:36:30.326Z"
  },
  "rents": {
    "apartment": {
      "1br": {
        "median": 1499,
        "low": 1454,
        "high": 1544,
        "mom_pct": 7.25,
        "yoy_pct": 2.91
      },
      "2br": {
        "median": 1792,
        "low": 1702,
        "high": 1881,
        "mom_pct": 3.69,
        "yoy_pct": 2.33
      },
      "3br": {
        "median": 2298,
        "low": 2225,
        "high": 2372,
        "mom_pct": 2.32,
        "yoy_pct": -4.2
      },
      "4br": {
        "median": 4066,
        "low": 4031,
        "high": 4208,
        "mom_pct": 0.89,
        "yoy_pct": 2.42
      }
    },
    "condo_townhome": {
      "1br": {
        "median": 1430,
        "low": 1409,
        "high": 1451,
        "mom_pct": 0.35,
        "yoy_pct": -2.72
      },
      "2br": {
        "median": 1778,
        "low": 1734,
        "high": 1822,
        "mom_pct": 0.34,
        "yoy_pct": -0.39
      },
      "3br": {
        "median": 2404,
        "low": 2327,
        "high": 2481,
        "mom_pct": -2.47,
        "yoy_pct": -5.31
      },
      "4br": {
        "median": 4062,
        "low": 4020,
        "high": 4204,
        "mom_pct": 0.87,
        "yoy_pct": 2.27
      }
    },
    "single_family": {
      "1br": {
        "median": 1958,
        "low": 1909,
        "high": 2006,
        "mom_pct": -3.29,
        "yoy_pct": -2.08
      },
      "2br": {
        "median": 1991,
        "low": 1941,
        "high": 2041,
        "mom_pct": -2.1,
        "yoy_pct": -2.87
      },
      "3br": {
        "median": 2594,
        "low": 2516,
        "high": 2672,
        "mom_pct": 2.7,
        "yoy_pct": 0.12
      },
      "4br": {
        "median": 3020,
        "low": 2929,
        "high": 3110,
        "mom_pct": 1.43,
        "yoy_pct": 1.53
      }
    }
  },
  "vacancy": 3.474,
  "days_on_market": {
    "apartment": 28,
    "condo_townhome": 28,
    "single_family": 24
  },
  "ai_summary": [
    {
      "headline": "1BR apartment rents surge 7.25% MoM",
      "body": "In the Carmichael (95608, 95609) rental market, 1-bedroom apartment median rents soared to $1,499 in August 2026, marking a 7.25% month-over-month increase and a 2.91% gain year-over-year. This rapid upswing highlights notable growth in entry-level apartment demand within Carmichael (95608, 95609)."
    },
    {
      "headline": "3BR condos fall 2.47% MoM to $2,404",
      "body": "The 3-bedroom condo/townhome segment in Carmichael (95608, 95609) dropped 2.47% month-over-month, with median rent landing at $2,404. This decline stands out as the sharpest monthly change among similar-sized units, contrasting with a 2.32% MoM rise for 3-bedroom apartments and a 2.7% MoM gain for 3-bedroom single-family homes."
    },
    {
      "headline": "4BR homes reach $3,020, up 1.53% YoY",
      "body": "Carmichael (95608, 95609) rental trends show that 4-bedroom single-family home rents rose 1.53% year-over-year to $3,020, compared with a 2.42% YoY increase for 4-bedroom apartments and a 2.27% YoY gain for 4-bedroom condos/townhomes, underscoring consistent growth in larger-format housing."
    }
  ],
  "summary": {
    "canonical": [
      "As of August 2026, rental prices in Carmichael, CA range from $1,430 to $4,066 per month depending on property type and bedroom count.",
      "The most notable year-over-year change is a -5.31% decrease for 3 bedroom condo/townhomes in Carmichael, CA.",
      "Comparing property types, single-family 3 bedroom homes rent for $2,594, while 3 bedroom apartments are $2,298."
    ],
    "qa": [
      {
        "question": "What is the overall rent range in Carmichael, CA for August 2026?",
        "answer": "As of August 2026, Carmichael, CA rents range from $1,430 for 1 bedroom condo/townhomes up to $4,066 for 4 bedroom apartments."
      },
      {
        "question": "Which segment in Carmichael, CA saw the highest annual rent growth, and is this trend seen across other bedrooms in the same property type?",
        "answer": "The strongest year-over-year increase in Carmichael, CA was in 1 bedroom apartments, up 2.91%; apartments also saw gains for 2BR and 4BR units, but 3BR apartment rents fell by -4.20% YoY."
      },
      {
        "question": "What is the premium gap between apartments and single-family homes for the same bedroom count in Carmichael, CA?",
        "answer": "In Carmichael, CA, 3 bedroom single-family homes are $296 higher than 3 bedroom apartments, with single-family at $2,594 and apartments at $2,298 as of August 2026."
      },
      {
        "question": "Are rents rising, falling, or showing different trends across property types in Carmichael, CA as of August 2026?",
        "answer": "Rents in Carmichael, CA show divergent trends in August 2026, with 1 bedroom apartments increasing 2.91% year-over-year, 3 bedroom apartments decreasing -4.20% YoY, and 3 bedroom condo/townhomes decreasing -5.31% YoY."
      }
    ]
  },
  "history": [
    {
      "yearmonth": "202608",
      "month_label": "August 2026",
      "rents": {
        "apartment": {
          "1br": 1499,
          "2br": 1792,
          "3br": 2298,
          "4br": 4066
        },
        "condo_townhome": {
          "1br": 1430,
          "2br": 1778,
          "3br": 2404,
          "4br": 4062
        },
        "single_family": {
          "1br": 1958,
          "2br": 1991,
          "3br": 2594,
          "4br": 3020
        }
      }
    },
    {
      "yearmonth": "202607",
      "month_label": "July 2026",
      "rents": {
        "apartment": {
          "1br": 1398,
          "2br": 1728,
          "3br": 2246,
          "4br": 4030
        },
        "condo_townhome": {
          "1br": 1425,
          "2br": 1772,
          "3br": 2465,
          "4br": 4027
        },
        "single_family": {
          "1br": 2024,
          "2br": 2034,
          "3br": 2526,
          "4br": 2977
        }
      }
    },
    {
      "yearmonth": "202606",
      "month_label": "June 2026",
      "rents": {
        "apartment": {
          "1br": 1400,
          "2br": 1698,
          "3br": 2245,
          "4br": 3991
        },
        "condo_townhome": {
          "1br": 1421,
          "2br": 1753,
          "3br": 2455,
          "4br": 3992
        },
        "single_family": {
          "1br": 2014,
          "2br": 2023,
          "3br": 2483,
          "4br": 2972
        }
      }
    },
    {
      "yearmonth": "202605",
      "month_label": "May 2026",
      "rents": {
        "apartment": {
          "1br": 1413,
          "2br": 1716,
          "3br": 2263,
          "4br": 3936
        },
        "condo_townhome": {
          "1br": 1429,
          "2br": 1773,
          "3br": 2402,
          "4br": 3950
        },
        "single_family": {
          "1br": 2002,
          "2br": 2011,
          "3br": 2518,
          "4br": 3002
        }
      }
    },
    {
      "yearmonth": "202604",
      "month_label": "April 2026",
      "rents": {
        "apartment": {
          "1br": 1430,
          "2br": 1730,
          "3br": 2289,
          "4br": 3908
        },
        "condo_townhome": {
          "1br": 1435,
          "2br": 1798,
          "3br": 2353,
          "4br": 3935
        },
        "single_family": {
          "1br": 1996,
          "2br": 1984,
          "3br": 2551,
          "4br": 3027
        }
      }
    },
    {
      "yearmonth": "202603",
      "month_label": "March 2026",
      "rents": {
        "apartment": {
          "1br": 1448,
          "2br": 1772,
          "3br": 2311,
          "4br": 3906
        },
        "condo_townhome": {
          "1br": 1460,
          "2br": 1831,
          "3br": 2413,
          "4br": 3941
        },
        "single_family": {
          "1br": 1995,
          "2br": 1992,
          "3br": 2578,
          "4br": 3077
        }
      }
    },
    {
      "yearmonth": "202602",
      "month_label": "February 2026",
      "rents": {
        "apartment": {
          "1br": 1460,
          "2br": 1774,
          "3br": 2335,
          "4br": 3934
        },
        "condo_townhome": {
          "1br": 1474,
          "2br": 1836,
          "3br": 2473,
          "4br": 3974
        },
        "single_family": {
          "1br": 2004,
          "2br": 2017,
          "3br": 2539,
          "4br": 3041
        }
      }
    },
    {
      "yearmonth": "202601",
      "month_label": "January 2026",
      "rents": {
        "apartment": {
          "1br": 1439,
          "2br": 1768,
          "3br": 2358,
          "4br": 3971
        },
        "condo_townhome": {
          "1br": 1487,
          "2br": 1833,
          "3br": 2540,
          "4br": 4008
        },
        "single_family": {
          "1br": 2019,
          "2br": 2080,
          "3br": 2554,
          "4br": 3010
        }
      }
    },
    {
      "yearmonth": "202512",
      "month_label": "December 2025",
      "rents": {
        "apartment": {
          "1br": 1453,
          "2br": 1725,
          "3br": 2354,
          "4br": 4002
        },
        "condo_townhome": {
          "1br": 1485,
          "2br": 1789,
          "3br": 2546,
          "4br": 4031
        },
        "single_family": {
          "1br": 2027,
          "2br": 2097,
          "3br": 2621,
          "4br": 2969
        }
      }
    },
    {
      "yearmonth": "202511",
      "month_label": "November 2025",
      "rents": {
        "apartment": {
          "1br": 1459,
          "2br": 1737,
          "3br": 2396,
          "4br": 4017
        },
        "condo_townhome": {
          "1br": 1488,
          "2br": 1795,
          "3br": 2552,
          "4br": 4035
        },
        "single_family": {
          "1br": 2030,
          "2br": 2101,
          "3br": 2612,
          "4br": 3034
        }
      }
    },
    {
      "yearmonth": "202510",
      "month_label": "October 2025",
      "rents": {
        "apartment": {
          "1br": 1482,
          "2br": 1759,
          "3br": 2399,
          "4br": 4009
        },
        "condo_townhome": {
          "1br": 1477,
          "2br": 1781,
          "3br": 2550,
          "4br": 4020
        },
        "single_family": {
          "1br": 2022,
          "2br": 2100,
          "3br": 2613,
          "4br": 3034
        }
      }
    },
    {
      "yearmonth": "202509",
      "month_label": "September 2025",
      "rents": {
        "apartment": {
          "1br": 1455,
          "2br": 1767,
          "3br": 2432,
          "4br": 3993
        },
        "condo_townhome": {
          "1br": 1470,
          "2br": 1808,
          "3br": 2554,
          "4br": 3999
        },
        "single_family": {
          "1br": 2013,
          "2br": 2056,
          "3br": 2560,
          "4br": 3041
        }
      }
    }
  ],
  "links": {
    "data_page": "https://data.estaite.com/submarkets/carmichael-ca/",
    "self": "https://data.estaite.com/feeds/carmichael-ca.json"
  },
  "license": "CC BY 4.0",
  "license_url": "https://creativecommons.org/licenses/by/4.0/",
  "attribution": "Data provided by Estaite (https://estaite.com)"
}