Fresno, CA

Fresno, CA real estate market: appreciation, rent growth, cap rate, IRR, and property taxes.

Appreciation
: 4.0%/yr.
Rent growth
: 3.5%/yr.
Median cap rate
: 3.6%.
Median IRR
: 5.6%.
Median rental home value
: $406,400.
Median rental rate
: $1,392/mo.
Median property tax
: $2,844/yr.

Sources: FHFA House Price Index®, U.S. Census Bureau ACS 5-year estimates, and Rescover analysis of public single-family listings, updated September 2026.

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ZIP codes in Fresno, CA

Rental market data for every ZIP code in this metro area.