Real Estate Investing in Bakersfield, California (93314)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 93314 (Bakersfield, CA)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
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.
What’s happening in Bakersfield, CA (93314)?
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Market Analysis: 93314 Bakersfield
The 93314 ZIP covers a section of Bakersfield that demands careful diligence. Prices near $579K look accessible, but the work to make a deal cash flow is real.
Put differently, the numbers look inviting — $579K purchase price, 0.0% nominal cap — the work to hit that pro forma in 93314 is substantial and deserves full respect.
Nearby ZIPs in Bakersfield have seen price recovery that 93314 has not matched. Kern County data supports the view that the spread is structural rather than temporary.
Resident income in 93314 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Distressed ZIPs reward experience. sturdy returns are possible in 93314, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Bakersfield:
Property Strategy for 93314
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 3BR | $488,735 | $3,090 | 4.6% | +7.0% | $162,912 |
| 4BR | $588,511 | $3,720 | 4.6% | +7.0% | $147,128 |
| 5BR | $698,681 | — | — | +7.3% | $139,736 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 93314 Compare?
| Metric | 93314 | Bakersfield | Bakersfield, CA | California |
|---|---|---|---|---|
| Home Value | $579,381 | $391,096 | N/A | $761,003 |
| 5-Year CAGR | 4.2% | 5.2% | N/A | 5.7% |
| Avg Rent | $2,279 | $1,858 | N/A | - |
| Cap Rate | 3.1% | 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 93314 (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 | $579,381 |
| Monthly Rent | $2,279 |
| Price-to-Rent | 21.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.7% |
| Cap Rate | 3.1% |
| 5-Year IRR | 7.3% |
📈 Home Appreciation
| 1-Year | +1.0% ▲ |
| 3-Year CAGR | +2.4% ▲ |
| 5-Year CAGR | +4.2% ▲ |
| 10-Year CAGR | +5.3% ▲ |
🏠 Rent Trends
| 1-Year | +0.1% ▲ |
| 3-Year CAGR | +1.4% ▲ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.1%). 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 93314
Population: 34,997
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 93314
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 12,993 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the investability score for Bakersfield, CA?
Bakersfield, CA shows an investability rating of 3.0/5, with median home values near $579K and average rents around $2,279/mo. That combination puts it in the healthy tier for investor interest.
How much do tenants pay in Bakersfield, CA?
Rent in Bakersfield, CA is around $2,279/mo. The resulting rent-to-value relationship with $579K pricing is reasonable for most investor models.
Can I house hack in Bakersfield, CA?
Bakersfield, CA is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $579K price point reasonable to enter.
Do landlords face vacancy issues in Bakersfield, CA?
Rental vacancy in Bakersfield, CA is elevated. Investors should budget normal turnover but not chronic empty units.
How much does a house cost in Bakersfield, CA?
In Bakersfield, CA the median home value sits at $579K. Against the broader CA market, that reads as reasonable for most investors.
You know 93314 now. You don’t know where it ranks.
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How 93314 ranks in Bakersfield, CA
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