Real Estate Investing in Fresno, California (93737)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 93737 (Fresno, CA)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
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 (93737)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 93737 Fresno
The 93737 ZIP in Fresno, CA is a local-operator market. Outside capital chasing a $522K entry has to pair deep knowledge with the discount.
Rent of $2,700/mo on a $522K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 93737 sits below the stated 0.0% once reality is priced in.
Statewide comparisons place 93737 among CA's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
The demographic picture in 93737 includes headwinds that any investor should price in. Income distribution skews lower than Fresno averages, and tenant stability requires active management.
Distressed ZIPs reward experience. impressive returns are possible in 93737, 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 Fresno:
Property Strategy for 93737
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 3BR | $468,773 | $3,070 | 4.7% | +5.6% | $156,258 |
| 4BR | $538,328 | $3,530 | 4.7% | +5.5% | $134,582 |
| 5BR | $595,140 | — | — | +5.4% | $119,028 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 93737 Compare?
| Metric | 93737 | Fresno | Fresno, CA | California |
|---|---|---|---|---|
| Home Value | $522,482 | $133,240 | N/A | $761,003 |
| 5-Year CAGR | 2.7% | 3.7% | N/A | 5.7% |
| Avg Rent | $2,700 | $1,823 | N/A | - |
| Cap Rate | 4.0% | 3.8% | - | - |
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 93737 (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 | $522,482 |
| Monthly Rent | $2,700 |
| Price-to-Rent | 16.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.2% |
| Cap Rate | 4.0% |
| 5-Year IRR | 6.7% |
📈 Home Appreciation
| 1-Year | +1.1% ▲ |
| 3-Year CAGR | +1.0% ▲ |
| 5-Year CAGR | +2.7% ▲ |
| 10-Year CAGR | +5.4% ▲ |
🏠 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 (4.0%). 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 93737
Population: 6,360
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 93737
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
David L. Greenberg Elementary
Ayer Elementary
Easterby Elementary
Mario G. Olmos Elementary
Mollie S. Bakman Elementary
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 5,276 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How does Fresno, CA stack up for property investment?
Investors tracking Fresno, CA will find a 3.0/5 rating supported by $522K median home values and $2,700/mo rents. That profile suits long-term holders targeting even-keeled returns.
How should investors approach Fresno, CA?
For Fresno, CA, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
What do rentals go for in Fresno, CA?
The typical rental in Fresno, CA commands about $2,700/mo monthly. That rent profile consistent cash flow against the $522K purchase basis.
What is the average home sale price in Fresno, CA?
In Fresno, CA the median home value sits at $522K. Against the broader CA market, that reads as reasonable for most investors.
Is Fresno, CA a good market for FHA house hackers?
House hacking in Fresno, CA is reasonable to execute. Prices around $522K and rents of $2,700/mo solid owner-occupant economics.
You know 93737 now. You don’t know where it ranks.
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How 93737 ranks in Fresno, CA
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