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RE Intelligence

Rental numbers for the Bakersfield, CA metro

The typical home here runs -$1,129 a month at 7.78% with 25% down, breaking even at about 0.6%. 0 of 18 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 5.9%.

Gross yield
5.9%
typical home, Zillow
Median ZIP yield
5.9%
18 ZIPs with full data
Cash flow
-$1,129/mo
at 7.78%, 25% down
Typical price
$363,000
Zillow ZHVI, Aug 2026
Typical rent
$1,785/mo
Zillow ZORI, Aug 2026

ZIP codes in the metro

39 with published figures

93252Maricopa$189,000$2,430*15.4%10.6%+$648n/a
93516Boron$166,000$2,080*15.0%10.0%+$489n/a
93523Edwards$206,000$2,220*13.0%8.7%+$382n/a
93268Taft$206,000$1,3467.8%3.9%-$437n/a
93505California City$275,000$1,7817.8%4.3%-$485+3.6%
93205Bodfish$194,000$1,250*7.8%3.8%-$429n/a
93225Frazier Park$323,000$1,970*7.3%4.0%-$659n/a
93283Weldon$207,000$1,250*7.2%3.6%-$502n/a
93240Lake Isabella$220,000$1,320*7.2%3.5%-$537n/a
93501Mojave$235,000$1,390*7.1%3.9%-$512n/a
93285Wofford Heights$227,000$1,320*7.0%3.6%-$543n/a
93313Bakersfield$414,000$2,3826.9%3.6%-$1,001+4.3%
93243Lebec$376,000$2,070*6.6%3.4%-$971n/a
93307Bakersfield$320,000$1,7506.6%3.3%-$858+6.1%
93206Buttonwillow$235,000$1,280*6.5%3.0%-$670n/a
93222Pine Mountain Club$377,000$2,050*6.5%3.5%-$948n/a
93518Caliente$315,000$1,700*6.5%3.4%-$808n/a
93560Rosamond$409,000$2,1826.4%3.2%-$1,125n/a
93312Bakersfield$457,000$2,4216.3%3.1%-$1,289+1.1%
93263Shafter$386,000$2,0086.2%3.2%-$1,063n/a
93255Onyx$242,000$1,250*6.2%2.7%-$756n/a
93241Lamont$249,000$1,250*6.0%2.7%-$776n/a
93306Bakersfield$348,000$1,7446.0%2.7%-$1,082+2.7%
93561Tehachapi$424,000$2,0805.9%2.8%-$1,304+3.8%
93304Bakersfield$295,000$1,4315.8%2.6%-$958+3.3%
93249Lost Hills$265,000$1,250*5.7%2.2%-$936n/a
93305La Cresta - Altavista$270,000$1,2615.6%2.3%-$940-0.3%
93309Bakersfield$347,000$1,6045.5%2.4%-$1,178+3.7%
93308Bakersfield$347,000$1,6005.5%2.3%-$1,212+3.1%
93555Ridgecrest$269,000$1,2195.4%2.1%-$979-0.1%
93203Arvin$301,000$1,350*5.4%2.1%-$1,096n/a
93311Bakersfield$473,000$2,0615.2%2.2%-$1,699+3.0%
93314Bakersfield$576,000$2,4415.1%2.0%-$2,126+2.8%
93250Mc Farland$319,000$1,340*5.0%2.0%-$1,178n/a
93301Bakersfield$310,000$1,2905.0%1.8%-$1,197+4.0%
93280Wasco$316,000$1,250*4.7%1.8%-$1,234n/a
93215Delano$335,000$1,3184.7%1.9%-$1,276n/a
93238Kernville$335,000$1,290*4.6%1.1%-$1,510n/a
93531Keene$640,000$1,600*3.0%0.6%-$3,145n/a

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

Trends

Five years to August 2026

Price, 12 months
-0.1%
Rent, 12 months
+2.4%
Rent minus price growth
+2.5 pts
Property tax
0.88%
effective rate, ACS 2024
Typical value (Zillow ZHVI) Rent (Zillow ZORI)Indexed to 100 at Aug 2021
10011012013014020222023202420252026
Show the numbers
MonthTypical valueRent
Aug 2021$293,497$1,349
Aug 2022$340,765$1,566
Aug 2023$340,969$1,628
Aug 2024$359,526$1,681
Aug 2025$362,951$1,743
Aug 2026$362,787$1,785

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Questions

Is the Bakersfield, CA metro good for rental property?
The typical home here runs -$1,129 a month at 7.78% with 25% down, breaking even at about 0.6%. 0 of 18 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 5.9%. Figures assume a typical home, 7.78% with 25% down and the default costs on the methodology page.
Which ZIP codes in the Bakersfield, CA metro have the highest rental yield?
93268 (Taft) at 7.8%, 93505 (California City) at 7.8%, 93313 (Bakersfield) at 6.9%, on Zillow value and rent. The full table above sorts by any column.

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.