Fresno
California · Ranked #342 of 373 metros
35Crisis
💡
Housing in Fresno costs 5.57× the median income, above the national average of 4.5×. The median home price is $396K and median rent is $1,418/month. Fresno ranks #342 of 373 metros for affordability.
Median Home Price
🏠$396K
Need $109K income
Median Rent
🔑$1,418
Need $56K income
Housing Shortage
📉25,000
units needed
Building Permits
🔨3,782
annual
Median Income
💰$71K
Pop: 1,008,654
Rent Burden
⚠️38.5%
of renters paying >30%
Price Change (YoY)
📈+5%
Homeownership
🏡59.0%
Rent Burden
vs. National Average
Key Facts vs. National Average
| Metric | Fresno | National |
|---|---|---|
| Price-to-Income Ratio | 5.57x | 6.1x |
| Rent Burden | 38.5% | 31.5% |
| Homeownership Rate | 59.0% | 65.5% |
| YoY Price Change | +5% | +3.5% |
| YoY Rent Change | +4% | +2.8% |
| Mortgage Denial Rate | 17.5% | 13.5% |
| Eviction Rate | 4.5% | 3.6% |
House Price Index (2000–2025)
FHFA All-Transactions HPI
Since 2019: +57.5%Since 2000: +249.6%
HUD Fair Market Rents (FY2026)
Section 8 voucher payment standards
Studio$1,347/mo
1 Bedroom$1,355/mo
2 Bedroom$1,664/mo
3 Bedroom$2,314/mo
4 Bedroom$2,660/mo
Zillow Market Data
Home Value (ZHVI)
$404K
1yr: +0.3%5yr: +30.8%
Rent (ZORI)
$1,842/mo
1yr: +3.6%5yr: +36.1%
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
$420K
Active Inventory
1,509
Days on Market
52
Sold Above List
28.1%
Price Drops
25.0%