Real Estate Investing in Ridgecrest, California (93555)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 93555 (Ridgecrest, 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.
- Elevated vacancy: 9.5% vacancy may signal weakening demand.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
What’s happening in Ridgecrest, CA (93555)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 93555 Ridgecrest
This part of Kern County is not an easy win. The 93555 ZIP registers softness in key indicators, and the playbook that works in cleaner markets often stalls here.
Distressed markets are won on execution, not on spreadsheets. ZIP 93555 reports the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
ZIP 93555's metrics run below Kern County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
A notable renter share of 37% in 93555 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
Strategy in 93555 is an operator game, not a passive one. On the rental side, entry prices of $270K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Ridgecrest:
Property Strategy for 93555
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $110,724 | $1,670 | 10.9% | +3.1% | $110,724 |
| 2BR | $152,857 | $2,080 | 9.8% | +4.2% | $76,428 |
| 3BR | $254,174 | $2,780 | 7.9% | +5.0% | $84,725 |
| 4BR | $331,876 | $3,380 | 7.3% | +4.1% | $82,969 |
| 5BR | $406,392 | — | — | +4.3% | $81,278 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 93555 Compare?
| Metric | 93555 | Ridgecrest | Bakersfield, CA | California |
|---|---|---|---|---|
| Home Value | $269,742 | $269,742 | N/A | $761,003 |
| 5-Year CAGR | 2.2% | 2.2% | N/A | 5.7% |
| Avg Rent | $1,219 | $1,219 | 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 93555 (Ridgecrest, 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 | $269,742 |
| Monthly Rent | $1,219 |
| Price-to-Rent | 18.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.4% |
| Cap Rate | 3.5% |
| 5-Year IRR | 5.8% |
📈 Home Appreciation
| 1-Year | +0.2% ▲ |
| 3-Year CAGR | +1.6% ▲ |
| 5-Year CAGR | +2.2% ▲ |
| 10-Year CAGR | +5.2% ▲ |
🏠 Rent Trends
| 1-Year | -3.0% ▼ |
| 3-Year CAGR | +1.3% ▲ |
| 5-Year CAGR | +3.6% ▲ |
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 93555
Population: 33,629
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 93555
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 2,645 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Should investors consider Ridgecrest, CA?
With a 3.0/5 investability score, Ridgecrest, CA ranks as a solid market for rental property investors. Median prices of $270K and rents of $1,219/mo drive the underlying numbers.
What do rentals go for in Ridgecrest, CA?
Average rent in Ridgecrest, CA is approximately $1,219/mo per month. Against $270K home values that yields a reasonable rent-to-price ratio.
What is it like being a landlord in Ridgecrest, CA?
CA ranks as a tenant-protective state for landlord-tenant law. Ridgecrest generally follows the statewide framework, so landlords face reasonable operating rules.
How tight is the rental market in Ridgecrest, CA?
Vacancy risk in Ridgecrest, CA is elevated. That supports steady cash flow for typical rental holds.
What is the renter demographic in Ridgecrest, CA?
Tenant quality in Ridgecrest, CA ranks as solid. Landlords generally report even-keeled occupancy at market rents of $1,219/mo.
You know 93555 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 93555 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 93555 ranks in Bakersfield, CA
Every ZIP in this metro, ranked. Free.
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