Real Estate Investing in Fresno, California (93722)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 93722 (Fresno, 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 Fresno, CA (93722)?
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Market Analysis: 93722 Fresno
Investors eyeing 93722 need to respect the fundamentals at play. Home values of $400K come alongside slower price movement and elevated management overhead.
Rent of $2,121/mo on a $400K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 93722 sits below the stated 0.0% once reality is priced in.
Nearby ZIPs in Fresno have seen price recovery that 93722 has not matched. Fresno County data supports the view that the spread is structural rather than temporary.
The demographic picture in 93722 includes headwinds that any investor should price in. Income distribution skews lower than Fresno averages, and tenant stability requires active management.
Experienced landlords with local relationships tend to find 93722 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 Fresno:
Property Strategy for 93722
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $257,367 | $1,750 | 4.9% | +7.3% | $128,683 |
| 3BR | $377,738 | $2,430 | 4.6% | +7.1% | $125,913 |
| 4BR | $447,419 | $2,800 | 4.5% | +6.7% | $111,855 |
| 5BR | $529,835 | — | — | +6.5% | $105,967 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 93722 Compare?
| Metric | 93722 | Fresno | Fresno, CA | California |
|---|---|---|---|---|
| Home Value | $399,871 | $133,240 | N/A | $761,003 |
| 5-Year CAGR | 4.1% | 3.7% | N/A | 5.7% |
| Avg Rent | $2,121 | $1,823 | N/A | - |
| Cap Rate | 4.1% | 3.8% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 93722 (Fresno, CA). Anonymous, moderated, never written by AI.
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Property managers serving Fresno County
Manage rentals here? List your business →CenCal PM provides property management services for apartments, single-family homes, and commercial properties in Fresno. summary from their website
Real Property Management Platinum provides property management services in Fresno, CA. summary from their website
Regency Property Management offers property and HOA management services in Fresno, CA. 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 | $399,871 |
| Monthly Rent | $2,121 |
| Price-to-Rent | 15.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.4% |
| Cap Rate | 4.1% |
| 5-Year IRR | 8.2% |
📈 Home Appreciation
| 1-Year | +1.6% ▲ |
| 3-Year CAGR | +2.2% ▲ |
| 5-Year CAGR | +4.1% ▲ |
| 10-Year CAGR | +6.7% ▲ |
🏠 Rent Trends
| 1-Year | -1.6% ▼ |
| 3-Year CAGR | +2.5% ▲ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.1%). 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 93722
Population: 84,500
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 93722
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 13,063 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Are there empty rentals in Fresno, CA?
Rental vacancy in Fresno, CA is elevated. Investors should budget normal turnover but not chronic empty units.
How does Fresno, CA rate as a rental market?
Yes - Fresno, CA a 3.0/5 investability score. With $400K home prices against $2,121/mo monthly rent, the market delivers a reasonable entry point for new investors.
What does house hacking look like in Fresno, CA?
Fresno, CA is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $400K price point reasonable to enter.
Is CA a landlord-friendly state?
Fresno, CA falls under CA landlord-tenant law, which is tenant-protective. That backdrop makes day-to-day property management reasonable.
Where do home prices stand in Fresno, CA?
Homes in Fresno, CA typically sell near $400K. Prices have moved at a 0.0% 5-year CAGR, which reliable long-term demand.
You know 93722 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 93722 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 93722 ranks in Fresno, CA
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