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RE Intelligence

Rental numbers for Kings County, CA

The typical home here runs -$939 a month at 7.78% with 25% down, breaking even at about 2.1%. 0 of 2 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 6.2%.

Gross yield
6.5%
typical home, Zillow
Median ZIP yield
6.2%
2 ZIPs with full data
Cash flow
-$939/mo
at 7.78%, 25% down
Typical price
$366,000
Zillow ZHVI, Aug 2026
Typical rent
$1,983/mo
Zillow ZORI, Aug 2026

ZIP codes in Kings County

6 with published figures

93266Stratford$265,000$1,650*7.5%4.2%-$506n/a
93204Avenal$250,000$1,310*6.3%3.0%-$714n/a
93230Hanford$384,000$2,0036.3%3.2%-$1,053+4.2%
93245Lemoore$388,000$1,9626.1%3.1%-$1,098+2.8%
93202Armona$311,000$1,560*6.0%2.9%-$936n/a
93212Corcoran$269,000$1,310*5.8%2.7%-$848n/a

* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.

Trends

Five years to August 2026

Price, 12 months
+3.1%
Rent, 12 months
+4.1%
Rent minus price growth
+1.0 pts
Property tax
0.75%
effective rate, ACS 2024
Typical value (Zillow ZHVI) Rent (Zillow ZORI)Indexed to 100 at Aug 2021
10010511011512012520222023202420252026
Show the numbers
MonthTypical valueRent
Aug 2021$295,857n/a
Aug 2022$335,287$1,671
Aug 2023$334,882$1,766
Aug 2024$349,083$1,852
Aug 2025$355,282$1,905
Aug 2026$366,229$1,983

HUD Fair Market Rent

FY2027, Hanford-Corcoran, CA MSA

BedroomsStudio1 bed2 bed3 bed4 bed
Fair Market Rent$1,175$1,183$1,512$2,094$2,467

The 40th percentile gross rent for a standard unit, set by HUD each October and used for Section 8 payment standards. It runs below market rent; Zillow's index is shown above where it exists.

Supply

Permits per 1,000 households
18.2
803 units, last 12 months
National percentile
88th
among US counties

Tools

Test a listing in Kings County against today's rate.

Open the calculator

Part of the Hanford, CA metro.

Questions

Is Kings County good for rental property?
The typical home here runs -$939 a month at 7.78% with 25% down, breaking even at about 2.1%. 0 of 2 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 6.2%. The figures use a typical home, 7.78% with 25% down and default costs shown on each ZIP page. They describe the market, not any one property.
What is the property tax rate in Kings County?
About 0.75% of value, from Census ACS median taxes paid over median home value. On a $366,000 home that is about $2,739 a year.
What is Fair Market Rent in Kings County?
HUD's FY2027 Fair Market Rent here is $1,183 for a 1-bedroom, $1,512 for a 2-bedroom and $2,094 for a 3-bedroom. Typical cash flow at today's rate is -$939 a month.

Sources and method

Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.

Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.