Real Estate Investing in Tulare, California (93274)
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Should you buy in 93274 (Tulare, 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 cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
What’s happening in Tulare, CA (93274)?
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Market Analysis: 93274 Tulare
The 93274 ZIP covers a section of Tulare that demands careful diligence. Prices near $361K look accessible, but the work to make a deal cash flow is real.
Turning to rents, the numbers look inviting — $361K purchase price, 0.0% nominal cap — the work to hit that pro forma in 93274 is substantial and deserves full respect.
Statewide comparisons place 93274 among CA's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
A durable renter share of 42% in 93274 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
Strategy in 93274 is an operator game, not a passive one. On balance, entry prices of $361K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Tulare:
Property Strategy for 93274
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $236,841 | $1,590 | 4.8% | +7.6% | $118,420 |
| 3BR | $332,180 | $2,190 | 4.7% | +7.1% | $110,727 |
| 4BR | $416,396 | $2,580 | 4.5% | +6.4% | $104,099 |
| 5BR | $483,977 | — | — | +5.7% | $96,795 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 93274 Compare?
| Metric | 93274 | Tulare | Visalia, CA | California |
|---|---|---|---|---|
| Home Value | $360,677 | $315,362 | N/A | $761,003 |
| 5-Year CAGR | 4.5% | 5.3% | N/A | 5.7% |
| Avg Rent | $1,852 | $1,506 | N/A | - |
| Cap Rate | 4.0% | 3.7% | - | - |
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 93274 (Tulare, CA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $360,677 |
| Monthly Rent | $1,852 |
| Price-to-Rent | 16.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.2% |
| Cap Rate | 4.0% |
| 5-Year IRR | 8.5% |
📈 Home Appreciation
| 1-Year | +3.6% ▲ |
| 3-Year CAGR | +2.9% ▲ |
| 5-Year CAGR | +4.5% ▲ |
| 10-Year CAGR | +6.9% ▲ |
🏠 Rent Trends
| 1-Year | -0.9% ▼ |
| 3-Year CAGR | +3.0% ▲ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.0%). 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 93274
Population: 79,154
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 93274
Schools in This ZIP Code
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 1,073 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How does Tulare, CA stack up for property investment?
Tulare, CA rates 3.0/5 for investability. With median values at $361K and rents near $1,852/mo, the market offers reasonable fundamentals for rental investors.
What monthly rent should investors expect in Tulare, CA?
Expect rents around $1,852/mo per month in Tulare, CA. With home values at $361K, the yield math works out to reasonable levels for rental investors.
What is the average home sale price in Tulare, CA?
The median home value in Tulare, CA is roughly $361K. That puts it reasonable relative to the CA statewide average.
What investment strategy works best in Tulare, CA?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Tulare, CA. The numbers - $361K homes against $1,852/mo rents - support that play.
Are there empty rentals in Tulare, CA?
Rental vacancy in Tulare, CA is elevated. Investors should budget normal turnover but not chronic empty units.
You know 93274 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 93274 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 93274 ranks in Visalia, CA
Every ZIP in this metro, ranked. Free.
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