Rental numbers for the Hanford, CA metro
The typical home here runs -$925 a month at 7.78% with 25% down, breaking even at about 2.2%. 0 of 2 ZIP codes with full Zillow data in this metro 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
- -$925/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 the metro
6 with published figures
| 93266Stratford | $265,000 | $1,650* | 7.5% | 4.2% | -$506 | n/a |
| 93204Avenal | $250,000 | $1,310* | 6.3% | 3.0% | -$714 | n/a |
| 93230Hanford | $384,000 | $2,003 | 6.3% | 3.2% | -$1,053 | +4.2% |
| 93245Lemoore | $388,000 | $1,962 | 6.1% | 3.1% | -$1,098 | +2.8% |
| 93202Armona | $311,000 | $1,560* | 6.0% | 2.9% | -$936 | n/a |
| 93212Corcoran | $269,000 | $1,310* | 5.8% | 2.7% | -$848 | n/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
- 0.70%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $295,820 | n/a |
| Aug 2022 | $335,262 | $1,671 |
| Aug 2023 | $334,858 | $1,766 |
| Aug 2024 | $349,076 | $1,852 |
| Aug 2025 | $355,287 | $1,905 |
| Aug 2026 | $366,252 | $1,983 |
Counties
- Kings County, CA6.2% median yield
Tools
Questions
- Is the Hanford, CA metro good for rental property?
- The typical home here runs -$925 a month at 7.78% with 25% down, breaking even at about 2.2%. 0 of 2 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 6.2%. Figures assume a typical home, 7.78% with 25% down and the default costs on the methodology page.
- Which ZIP codes in the Hanford, CA metro have the highest rental yield?
- 93230 (Hanford) at 6.3%, 93245 (Lemoore) at 6.1%, on Zillow value and rent. The full table above sorts by any column.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
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.