3 rentals in Fresno
Fresno is the fifth-largest city in California in the heart of the San Joaquin Valley. A major agricultural hub offering affordable housing and gateway access to Yosemite, Sequoia, and Kings Canyon National Parks.
Today, Fresno has 3 homes for rent at a median rent of $4,195/mo, typically leasing in about 367 days. Families here choose from 31 schools rated 8 or higher on the Topfind School Score.
Powered by the Topfind School Score
Median Rent
$1,200/mo
Months of Rental Inventory
Estimated time to lease all rentals at the current leasing pace
1.5 months of supply
Landlord's MarketWith only 3 active rentals, supply is tight.
What this means for renters
Rental inventory is tight relative to how many homes get leased each month—fewer options, and well-priced units draw competition. Rentals typically lease in ~367 days.
Rental Velocity
How fast rentals are leasing
Rentals are sitting on the market—renters have strong leverage to negotiate rent, terms, and move-in specials. Leasing 70% faster than 6 months ago.
Rental Inventory Distribution
Rentals are taking longer to lease—a larger share of listings remain on the market beyond 30 days, giving renters more leverage.
Housing Tenure in Fresno
Renting is more common here than statewide—this market has more rental inventory and transient residents.
50%
Homeowners
50%
Renters
Homeownership is 5.5% lower than the California average (55.5%)
179,684 households (2023)
Affordability Snapshot
Typical rent
$4,195/mo
Median rent
Affordable budget (30%)
$1,670/mo
Based on median income
Median household income
$5,567/mo
Fresno
Typical rent costs about 75% of the median household's income.
The standard recommendation is to spend ≤30% of income on rent.
Income needed to afford typical rent comfortably
$168K/year
Assumes rent ≤30% of income
Median Rent by Bedroom
Rent increases with bedroom count, with moderate premiums for additional space.
Each additional bedroom adds about $1,222/mo to rent on average.
Rent Reductions
1 listings have reduced their rent
33% of active listings
Average reduction: 8.3% (~$348/mo)
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