Bakersfield
California · Ranked #323 of 373 metros
42Moderate
💡
Housing in Bakersfield costs 5.03× the median income, above the national average of 4.5×. The median home price is $347K and median rent is $1,286/month. Bakersfield ranks #323 of 373 metros for affordability.
Median Home Price
🏠$347K
Need $101K income
Median Rent
🔑$1,286
Need $52K income
Housing Shortage
📉18,000
units needed
Building Permits
🔨4,500
annual
Median Income
💰$69K
Pop: 909,235
Rent Burden
⚠️36.0%
of renters paying >30%
Price Change (YoY)
📈+5.5%
Homeownership
🏡60.0%
Rent Burden
vs. National Average
Key Facts vs. National Average
| Metric | Bakersfield | National |
|---|---|---|
| Price-to-Income Ratio | 5.03x | 6.1x |
| Rent Burden | 36.0% | 31.5% |
| Homeownership Rate | 60.0% | 65.5% |
| YoY Price Change | +5.5% | +3.5% |
| YoY Rent Change | +4% | +2.8% |
| Mortgage Denial Rate | 17.0% | 13.5% |
| Eviction Rate | 4.5% | 3.6% |
House Price Index (2000–2025)
FHFA All-Transactions HPI
Since 2019: +59.5%Since 2000: +232.3%
HUD Fair Market Rents (FY2026)
Section 8 voucher payment standards
Studio$1,132/mo
1 Bedroom$1,140/mo
2 Bedroom$1,483/mo
3 Bedroom$2,062/mo
4 Bedroom$2,488/mo
Zillow Market Data
Home Value (ZHVI)
$358K
1yr: -0.5%5yr: +36.2%
Rent (ZORI)
$1,757/mo
1yr: +2.5%5yr: +37.7%
Note: ZORI reflects current listing prices and may differ from the Census ACS median rent shown above, which captures what renters actually pay including below-market and subsidized units.
Redfin Market Activity
Median Sale Price
$380K
Active Inventory
1,941
Days on Market
55
Sold Above List
27.2%
Price Drops
24.7%