Real Estate Investing in Bakersfield, California (93313)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 93313 (Bakersfield, CA)? Our answer, based on the numbers below.
Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.
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 Bakersfield, CA (93313)?
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Market Analysis: 93313 Bakersfield
From an investor standpoint, ZIP 93313 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $418K median. It rewards specialists, not generalists.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 93313 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Statewide comparisons place 93313 among CA's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
The 93313 ZIP's population of 60,331 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that records the need for careful underwriting.
Experienced landlords with local relationships tend to find 93313 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Bakersfield:
Property Strategy for 93313
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $273,454 | $2,220 | 5.8% | +8.4% | $136,727 |
| 3BR | $376,514 | $3,090 | 5.9% | +7.7% | $125,505 |
| 4BR | $434,644 | $3,720 | 6.2% | +7.4% | $108,661 |
| 5BR | $501,959 | — | — | +7.4% | $100,392 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 93313 Compare?
| Metric | 93313 | Bakersfield | Bakersfield, CA | California |
|---|---|---|---|---|
| Home Value | $417,522 | $391,096 | N/A | $761,003 |
| 5-Year CAGR | 4.9% | 5.2% | N/A | 5.7% |
| Avg Rent | $2,385 | $1,858 | N/A | - |
| Cap Rate | 4.5% | 3.7% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 93313 (Bakersfield, 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 | $417,522 |
| Monthly Rent | $2,385 |
| Price-to-Rent | 14.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.9% |
| Cap Rate | 4.5% |
| 5-Year IRR | 9.3% |
📈 Home Appreciation
| 1-Year | +1.1% ▲ |
| 3-Year CAGR | +2.4% ▲ |
| 5-Year CAGR | +4.9% ▲ |
| 10-Year CAGR | +5.9% ▲ |
🏠 Rent Trends
| 1-Year | +2.3% ▲ |
| 3-Year CAGR | +4.2% ▲ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.5%). 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 93313
Population: 60,331
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 93313
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 1,742 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How tight is the rental market in Bakersfield, CA?
Bakersfield, CA vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
Does Bakersfield, CA make sense for an investment property?
Investors tracking Bakersfield, CA will find a 3.0/5 rating supported by $418K median home values and $2,385/mo rents. That profile suits long-term holders targeting even-keeled returns.
What price range are homes in Bakersfield, CA?
Expect median prices around $418K in Bakersfield, CA. The market has run at a 0.0% 5-year CAGR, so entry costs have been consistent.
Is Bakersfield, CA landlord-friendly?
Bakersfield, CA operates under CA law, which is tenant-protective overall for landlords. Expect even-keeled treatment in typical lease and eviction cases.
Is it easy to find good tenants in Bakersfield, CA?
Bakersfield, CA draws a even-keeled base of working renters. Demand at the $2,385/mo rent level is reasonable for standard single-family and small multi rentals.
You know 93313 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 93313 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 93313 ranks in Bakersfield, CA
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