Real Estate Investing in Lamont, California (93241)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 93241 (Lamont, CA)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
- Elevated poverty: 34.6% poverty rate — can affect rent collection.
- Lower household income: $33,121 median — tenant affordability is tighter.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Lamont, CA (93241)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 93241 Lamont
From a cash-flow lens, ZIP 93241 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $249K median. It rewards specialists, not generalists.
Turning to rents, the numbers look inviting — $249K purchase price, 0.0% nominal cap — the work to hit that pro forma in 93241 is substantial and deserves full respect.
Within CA, ZIP 93241 trails on several market indicators that neighboring Kern County submarkets outperform. The gap is real and sturdy enough to shape underwriting.
The 93241 ZIP's population of 15,571 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that comes in at the need for careful underwriting.
Strategy in 93241 is an operator game, not a passive one. From a cash-flow lens, entry prices of $249K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Lamont:
Property Strategy for 93241
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $184,576 | $1,250 | 4.9% | +7.8% | $92,288 |
| 3BR | $261,206 | $1,750 | 4.8% | +8.9% | $87,069 |
| 4BR | $309,974 | $2,090 | 4.9% | +10.2% | $77,494 |
Market Trends
Home Value History (with trend line)
📊 How Does 93241 Compare?
| Metric | 93241 | Lamont | Bakersfield, CA | California |
|---|---|---|---|---|
| Home Value | $249,014 | $249,014 | N/A | $761,003 |
| 5-Year CAGR | 6.9% | 6.9% | N/A | 5.7% |
| Avg Rent | $1,125 | $1,125 | N/A | - |
| Cap Rate | 3.5% | 3.5% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 93241 (Lamont, CA). Anonymous, moderated, never written by AI.
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Property managers serving Kern County
Manage rentals here? List your business →Aipmbakersfield.com is a premium expired .com domain for sale on GoDaddy. summary from their website
Mashcole Property Management, Inc. is a full-service property management company serving Los Angeles, Long Beach, Calabasas, Torrance, San Fernando Valley, Orange County, Downey, Anaheim, Riverside Co summary from their website
Coming Soon re-synergy.com We're under construction. Please check back for an update soon. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $249,014 |
| Monthly Rent | $1,125 |
| Price-to-Rent | 18.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.4% |
| Cap Rate | 3.5% |
| 5-Year IRR | 10.4% |
📈 Home Appreciation
| 1-Year | +3.0% ▲ |
| 3-Year CAGR | +4.4% ▲ |
| 5-Year CAGR | +6.9% ▲ |
| 10-Year CAGR | +8.3% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.5%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 93241
Population: 15,571
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 93241
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Edison Middle
Casa Loma Elementary
Vineland Elementary
Crescent Elementary
Valle Verde Elementary
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 12,993 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the typical home price in Lamont, CA?
The median home value in Lamont, CA is roughly $249K. That puts it reasonable relative to the CA statewide average.
What investment strategy works best in Lamont, CA?
A careful cash-flow rentals with hands-on management strategy Lamont, CA best. The market produces predictable results for that approach at the $249K price point.
Are eviction rules reasonable in Lamont, CA?
Rental owners in Lamont, CA deal with a tenant-protective legal framework. Most standard eviction processes run on reasonable timelines.
Is Lamont, CA a smart market for rental property?
Lamont, CA sits at an investability rating of 3.0/5, with median home values near $249K and average rents around $1,125/mo. That combination puts it in the healthy tier for investor interest.
What is the typical renter like in Lamont, CA?
The renter base in Lamont, CA is reasonable for the $1,125/mo price point. Screening well and pricing to market typically yields steady tenants.
You know 93241 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 93241 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 93241 ranks in Bakersfield, CA
Every ZIP in this metro, ranked. Free.
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