Bakersfield, CA Metro Area - Investment Guide

Metro Area • 29 Cities • 38 ZIP Codes

Avg Home Value $317,529
Avg Monthly Rent $1,613
Avg Cap Rate 4.21%
Avg Investability 3.0 ★
Cities 29
ZIP Codes 38

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🏦 30-yr Fixed Rate: 7.28% as of Oct 1 Source: Freddie Mac PMMS
⚖️
BALANCED MARKET
Bakersfield, CA Metro Area
Even conditions for buyers and sellers
54 days
Average time to sell
Average
8.0%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions data as of September 19, 2026 — updated weekly

Best ZIP codes in Bakersfield, CA

Every ZIP in the metro, ranked four ways. Free.

Cash Flow → Appreciation → Affordable →

Cities in Bakersfield, CA

Top ZIP Codes by Investability

ZIP Code City State Home Value Rent Cap Rate Rating
93252 Maricopa CA $182,261 $2,187 9.36% 5.0 ★
93516 Boron CA $170,562 $1,872 8.56% 5.0 ★
93252 Maricopa CA $181,511 $2,187 9.40% 5.0 ★
93516 Boron CA $166,398 $1,872 8.78% 5.0 ★
93252 Maricopa CA $183,918 $2,187 9.28% 5.0 ★
93516 Boron CA $168,010 $1,872 8.69% 5.0 ★
93252 Maricopa CA $189,516 $2,187 9.00% 5.0 ★
93516 Boron CA $166,398 $1,872 8.78% 5.0 ★
93252 Maricopa CA $190,118 $2,187 8.97% 5.0 ★
93516 Boron CA $169,161 $1,872 8.63% 5.0 ★
93252 Maricopa CA $192,215 $2,187 8.87% 5.0 ★
93516 Boron CA $161,790 $1,872 9.03% 5.0 ★
93252 Maricopa CA $190,118 $2,187 8.97% 5.0 ★
93516 Boron CA $156,233 $1,872 9.35% 5.0 ★
93523 Edwards CA $212,064 $1,998 7.35% 4.0 ★
93523 Edwards CA $206,626 $1,998 7.54% 4.0 ★
93523 Edwards CA $213,716 $1,998 7.29% 4.0 ★
93523 Edwards CA $206,626 $1,998 7.54% 4.0 ★
93523 Edwards CA $216,519 $1,998 7.20% 4.0 ★
93523 Edwards CA $206,938 $1,998 7.53% 4.0 ★
93555 Ridgecrest CA $265,661 $1,389 4.08% 3.0 ★
93312 Bakersfield CA $453,994 $2,399 4.12% 3.0 ★
93215 Delano CA $327,056 $1,215 2.90% 3.0 ★
93283 Weldon CA $195,272 $1,125 4.49% 3.0 ★
93505 California City CA $275,820 $1,708 4.83% 3.0 ★
93240 Lake Isabella CA $217,812 $1,188 4.25% 3.0 ★
93305 La Cresta - Altavista CA $270,615 $1,419 4.09% 3.0 ★
93241 Lamont CA $249,014 $1,125 3.52% 3.0 ★
93306 Bakersfield CA $350,502 $1,769 3.94% 3.0 ★
93560 Rosamond CA $408,836 $2,161 4.12% 3.0 ★
93255 Onyx CA $246,020 $1,125 3.57% 3.0 ★
93313 Bakersfield CA $411,931 $2,343 4.44% 3.0 ★
93222 Pine Mountain Club CA $374,941 $1,845 3.84% 3.0 ★
93285 Wofford Heights CA $226,499 $1,188 4.09% 3.0 ★
93225 Frazier Park CA $321,206 $1,773 4.31% 3.0 ★
93301 Bakersfield CA $306,150 $1,457 3.71% 3.0 ★
93518 Caliente CA $314,512 $1,530 3.79% 3.0 ★
93307 Bakersfield CA $320,238 $1,777 4.33% 3.0 ★
93561 Tehachapi CA $417,745 $2,079 3.88% 3.0 ★
93203 Arvin CA $301,156 $1,215 3.15% 3.0 ★
93263 Shafter CA $381,762 $1,341 2.74% 3.0 ★
93314 Bakersfield CA $572,370 $2,282 3.11% 3.0 ★
93205 Bodfish CA $191,455 $1,125 4.58% 3.0 ★
93268 Taft CA $207,045 $1,296 4.88% 3.0 ★
93501 Mojave CA $229,632 $1,251 4.25% 3.0 ★
93238 Kernville CA $330,745 $1,161 2.74% 3.0 ★
93304 Bakersfield CA $290,267 $1,446 3.89% 3.0 ★
93249 Lost Hills CA $263,635 $1,125 3.33% 3.0 ★
93309 Bakersfield CA $349,167 $1,633 3.65% 3.0 ★
93250 Mc Farland CA $311,389 $1,206 3.02% 3.0 ★
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About Bakersfield, CA Real Estate Market

The Bakersfield, CA metropolitan statistical area (MSA) encompasses 29 cities and 38 ZIP codes. The average home value across the metro is $317,529, with an average monthly rent of $1,613. Explore individual cities and ZIP codes to find investment opportunities that match your criteria.