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: 6.76% as of Sep 10 Source: Freddie Mac PMMS
⚖️
BALANCED MARKET
Bakersfield, CA Metro Area
Even conditions for buyers and sellers
54 days
Average time to sell
Average
8.5%
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 August 29, 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 $190,118 $2,187 8.97% 5.0 ★
93516 Boron CA $156,233 $1,872 9.35% 5.0 ★
93252 Maricopa CA $182,261 $2,187 9.36% 5.0 ★
93516 Boron CA $170,562 $1,872 8.56% 5.0 ★
93516 Boron CA $166,398 $1,872 8.78% 5.0 ★
93252 Maricopa CA $181,511 $2,187 9.40% 5.0 ★
93252 Maricopa CA $183,918 $2,187 9.28% 5.0 ★
93516 Boron CA $168,010 $1,872 8.69% 5.0 ★
93516 Boron CA $166,398 $1,872 8.78% 5.0 ★
93252 Maricopa CA $189,516 $2,187 9.00% 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 ★
93523 Edwards CA $206,938 $1,998 7.53% 4.0 ★
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 ★
93304 Bakersfield CA $290,267 $1,446 3.89% 3.0 ★
93523 Edwards CA $206,596 $1,998 7.54% 3.0 ★
93250 Mc Farland CA $308,006 $1,206 3.05% 3.0 ★
93309 Bakersfield CA $351,074 $1,623 3.61% 3.0 ★
93205 Bodfish CA $191,184 $1,125 4.59% 3.0 ★
93268 Taft CA $209,619 $1,074 4.00% 3.0 ★
93501 Mojave CA $228,000 $1,251 4.28% 3.0 ★
93238 Kernville CA $333,583 $1,161 2.71% 3.0 ★
93240 Lake Isabella CA $220,116 $1,188 4.21% 3.0 ★
93305 La Cresta - Altavista CA $265,439 $1,334 3.92% 3.0 ★
93311 Bakersfield CA $478,046 $2,047 3.34% 3.0 ★
93206 Buttonwillow CA $237,033 $1,152 3.79% 3.0 ★
93280 Wasco CA $316,836 $1,125 2.77% 3.0 ★
93505 California City CA $272,843 $1,769 5.06% 3.0 ★
93215 Delano CA $336,210 $1,425 3.31% 3.0 ★
93283 Weldon CA $207,615 $1,125 4.23% 3.0 ★
93241 Lamont CA $248,206 $1,125 3.54% 3.0 ★
93306 Bakersfield CA $344,365 $1,826 4.13% 3.0 ★
93555 Ridgecrest CA $269,742 $1,219 3.53% 3.0 ★
93255 Onyx CA $242,365 $1,125 3.62% 3.0 ★
93312 Bakersfield CA $461,402 $2,400 4.06% 3.0 ★
93203 Arvin CA $292,355 $1,215 3.24% 3.0 ★
93263 Shafter CA $371,646 $1,341 2.81% 3.0 ★
93313 Bakersfield CA $418,162 $2,426 4.52% 3.0 ★
93222 Pine Mountain Club CA $381,135 $2,400 4.91% 3.0 ★
93285 Wofford Heights CA $228,917 $1,188 4.05% 3.0 ★
93518 Caliente CA $297,457 $1,530 4.01% 3.0 ★
93243 Frazier Park CA $379,141 $1,863 3.83% 3.0 ★
93307 Bakersfield CA $312,644 $1,599 3.99% 3.0 ★
93560 Rosamond CA $411,329 $2,172 4.12% 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.