Real Estate Investing in Caliente, California (93518)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 93518 (Caliente, CA)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.
- High vacancy: 31.9% of homes vacant — above national norms.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
- Higher unemployment: 8.0% unemployment — tenant risk signal.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Caliente, CA (93518)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 93518 Caliente
This part of Kern County is not an easy win. The 93518 ZIP clocks in at softness in key indicators, and the playbook that works in cleaner markets often stalls here.
The investment case in 93518 is resilient only for operators who understand what they are buying. A $305K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Regionally, 93518 sits on the difficult end of the CA spectrum. The a strong candidate for read — for disciplined operators — is that pricing reflects the difficulty.
Turning to rents, 1,115 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
New investors are better served looking at Caliente's stable or hybrid ZIPs before stepping into 93518. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Caliente:
Property Strategy for 93518
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $250,882 | $1,700 | 4.9% | +3.9% | $125,441 |
| 3BR | $360,095 | $2,360 | 4.7% | +6.0% | $120,032 |
Market Trends
Home Value History (with trend line)
📊 How Does 93518 Compare?
| Metric | 93518 | Caliente | Bakersfield, CA | California |
|---|---|---|---|---|
| Home Value | $304,552 | $304,552 | N/A | $761,003 |
| 5-Year CAGR | 1.8% | 1.8% | N/A | 5.7% |
| Avg Rent | $1,530 | $1,530 | N/A | - |
| Cap Rate | 3.9% | 3.9% | - | - |
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 93518 (Caliente, CA). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 93518 (Caliente, CA)?
~25 seconds · no account needed · your report is anonymous
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 | $304,552 |
| Monthly Rent | $1,530 |
| Price-to-Rent | 16.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.0% |
| Cap Rate | 3.9% |
| 5-Year IRR | 5.7% |
📈 Home Appreciation
| 1-Year | -0.9% ▼ |
| 3-Year CAGR | +0.7% ▲ |
| 5-Year CAGR | +1.8% ▲ |
| 10-Year CAGR | +4.5% ▲ |
🏠 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 (3.9%). 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 93518
Population: 1,115
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 93518
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.
Frequently Asked Questions
How does Caliente, CA rate as a rental market?
Investors tracking Caliente, CA will find a 2.0/5 rating supported by $305K median home values and $1,530/mo rents. That profile suits long-term holders targeting predictable returns.
What do landlords charge for rent in Caliente, CA?
Investors in Caliente, CA typically see rents near $1,530/mo per month against $305K home values - a solid setup for rental cash flow.
How do home values compare in Caliente, CA?
The median home value in Caliente, CA is roughly $305K. That puts it reasonable relative to the CA statewide average.
Is Caliente, CA good for house hacking?
Caliente, CA is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $305K price point reasonable to enter.
Are there empty rentals in Caliente, CA?
Vacancy risk in Caliente, CA is elevated. That supports steady cash flow for typical rental holds.
You know 93518 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 93518 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 93518 ranks in Bakersfield, CA
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 93518 (Caliente)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 93518 (Caliente, CA).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.