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RE Intelligence

Rental numbers for the Redding, CA metro

The typical home here runs -$1,197 a month at 7.78% with 25% down, breaking even at about 0.2%. 0 of 4 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 5.5%.

Gross yield
5.5%
typical home, Zillow
Median ZIP yield
5.5%
4 ZIPs with full data
Cash flow
-$1,197/mo
at 7.78%, 25% down
Typical price
$370,000
Zillow ZHVI, Aug 2026
Typical rent
$1,701/mo
Zillow ZORI, Aug 2026

ZIP codes in the metro

20 with published figures

96013Burney$220,000$1,460*8.0%4.4%-$381n/a
96071Old Station$265,000$1,590*7.2%3.9%-$578n/a
96087Shasta$335,000$1,800*6.5%3.4%-$845n/a
96028Fall River Mills$298,000$1,590*6.4%3.3%-$790n/a
96019Shasta Lake$300,000$1,590*6.4%3.3%-$785n/a
96016Hat Creek$309,000$1,590*6.2%2.9%-$916n/a
96007Anderson$340,000$1,7366.1%3.0%-$969n/a
96088Shingletown$319,000$1,590*6.0%2.8%-$974n/a
96065Montgomery Creek$299,000$1,460*5.9%3.2%-$810n/a
96084Round Mountain$306,000$1,460*5.7%2.6%-$971n/a
96003Redding$400,000$1,8175.5%2.6%-$1,298+3.6%
96002Redding$377,000$1,7145.5%2.5%-$1,235+3.7%
96051Lakehead$339,000$1,460*5.2%2.5%-$1,123n/a
96047Igo$347,000$1,490*5.1%2.3%-$1,205n/a
96069Oak Run$373,000$1,590*5.1%2.1%-$1,361n/a
96073Palo Cedro$564,000$2,390*5.1%2.4%-$1,915n/a
96096Whitmore$382,000$1,590*5.0%2.1%-$1,393n/a
96001Redding$381,000$1,5124.8%1.9%-$1,435+3.6%
96008Bella Vista$428,000$1,630*4.6%2.0%-$1,590n/a
96062Millville$539,000$1,590*3.5%0.9%-$2,521n/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
+4.2%
Rent minus price growth
+4.3 pts
Property tax
0.70%
effective rate, ACS 2024
Typical value (Zillow ZHVI) Rent (Zillow ZORI)Indexed to 100 at Aug 2021
10011012013020222023202420252026
Show the numbers
MonthTypical valueRent
Aug 2021$349,916$1,348
Aug 2022$384,356$1,449
Aug 2023$370,603$1,500
Aug 2024$372,233$1,562
Aug 2025$370,411$1,632
Aug 2026$370,235$1,701

Counties

Tools

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Questions

Is the Redding, CA metro good for rental property?
The typical home here runs -$1,197 a month at 7.78% with 25% down, breaking even at about 0.2%. 0 of 4 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 5.5%. Figures assume a typical home, 7.78% with 25% down and the default costs on the methodology page.
Which ZIP codes in the Redding, CA metro have the highest rental yield?
96007 (Anderson) at 6.1%, 96003 (Redding) at 5.5%, 96002 (Redding) at 5.5%, 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.