Property Prices in Bakersfield, CA, United States

Index Info
Price to Income Ratio: 2.85
Mortgage as Percentage of Income: 25.61%
Loan Affordability Index: 3.91
Price to Rent Ratio - City Centre: 6.51
Price to Rent Ratio - Outside of Centre: 7.91
Gross Rental Yield (City Centre): 15.36%
Gross Rental Yield (Outside of Centre): 12.63%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,633.33 $ 1,150.00-2,000.00
Apartment (1 bedroom) Outside of Centre 1,455.00 $ 1,365.00-1,500.00
Apartment (3 bedrooms) in City Centre 2,500.00 $ 2,500.00-2,500.00
Apartment (3 bedrooms) Outside of Centre 2,433.33 $ 2,000.00-3,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 200.98 $ 175.00-226.96
Price per Square Feet to Buy Apartment Outside of Centre 225.98 $ 225.00-226.96
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,034.33 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.56 6.19-6.80

These data are based on 45 entries in the past 18 months from 19 different contributors.
Last update: November 2024

Sources and References
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