Single-family Foreclosures in Bakersfield, CA 93313

Current Market Conditions in Bakersfield, CA

The real estate market in Bakersfield has shown steady growth in recent years, fueled by increased demand for affordable housing. Investors are attracted to the city's potential for appreciation and rental income due to its expanding job market and population growth.

Current trends indicate a shift towards multi-family units and single-family rentals, making it an opportune time for investors to explore property options in the area. With the ongoing development of infrastructure and amenities, Bakersfield presents a promising landscape for investment.

Rent Prices In Bakersfield, CA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Bakersfield, CA, is on a rollercoaster ride. The average rent price in Bakersfield, CA, is $1,549.00. Indeed, when looking to rent in Bakersfield, CA, you can expect to pay as little as $490.00 or as much as $5,480.00, with the average rent median estimated to be $1,520.00. The good news is that finding an affordable and desirable property to rent in Bakersfield, CA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.