Real Estate Investing in Clearlake, California

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

2 ZIP codes • Population: 17,101 • Lake County

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Should you buy in Clearlake, CA? Our answer, based on the numbers below.

🏠 For Homebuyers
WEAK FIT
Grade F (38/100)

Multiple negative signals. Better options likely exist nearby.

📈 For Investors
MIXED
3.0 / 5 (52/100)

A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.

⚠️ Risks to Know
4 flags
  • High vacancy: 26.1% of homes vacant — above national norms.
  • Declining values: -1.4% 5-year CAGR — values have moved lower.
  • Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
  • Higher unemployment: 7.9% unemployment — tenant risk signal.

What’s happening in Clearlake, CA?

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3.0/ 5

Investability

Citywide average

0.0/ 5

Appreciation

Long-term value growth

1.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $237,734
Avg Monthly Rent $1,379
ZIP Codes 2

Investing in Clearlake Real Estate

This is a distressed-leaning corner of California: Clearlake has 2 ZIPs and a sizable population, and the investment math only works for investors who truly understand the market.

Investors considering Clearlake, CA should understand what the ★★★☆☆ rating represents — a market with material structural headwinds, not a temporary rough patch.

Market conditions in Clearlake are modest. Days-on-market has stretched, rent growth has stalled, and the 0.0% 5-year CAGR understates how uneven the underlying ZIPs really are.

A an established population with $N/AK household income profile is what makes Clearlake a challenging rental market — the tenant base is present, but the affordability math is tight.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Best ZIP codes in Clearlake, CA

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Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

Real numbers from people who own or manage rentals in Clearlake, CA. Anonymous, moderated, never written by AI.

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Avg Home Value
$237,734
Avg Monthly Rent
$1,379
1% Rule
✗ Below
Landlord Friendly (CA)

📉 Market Crash Risk Index

Based on Clearlake, CA metro

2/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
2/3
65%
Days Pending
0/2
0 days

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☀️ Warm Market — Clearlake, CA metro
0
Days to pending
6.6%
Listings with price cuts
0.0%
Sale-to-list ratio
📅 Data as of August 29, 2026 — updated weekly

ZIP Codes in Clearlake, CA

Screen every ZIP in Clearlake

Filter Clearlake’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

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Frequently Asked Questions About Clearlake, CA

Are tenants stable in Clearlake, CA?

Expect a solid tenant pool in Clearlake, CA. The rental market absorbs $1,379/mo rents without meaningful friction.

How does Clearlake, CA stack up for property investment?

The 3.0/5 investability rating in Clearlake, CA reflects its $238K prices and $1,379/mo rents. Investors generally consider it a solid option within CA.

What approach is best for Clearlake, CA real estate?

Clearlake, CA investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($238K prices, $1,379/mo rents) make it a reasonable choice.

How do landlord-tenant laws work in Clearlake, CA?

Landlord-friendliness in Clearlake, CA is tenant-protective. Eviction timelines and lease enforcement are considered reasonable by most property managers.

What is the typical home price in Clearlake, CA?

The median home value in Clearlake, CA is roughly $238K. That puts it reasonable relative to the CA statewide average.

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