High Rental Yield Investment Properties for Sale in Bakersfield, CA
618- 3 Bed
- 1 Bath
- 974 sft
177- 3 Bed
- 2 Bath
- 1754 sft
344- - Bed
- - Bath
- 2156 sft
631- 3 Bed
- 1 Bath
- - sft
Why Invest in Bakersfield, California?
Bakersfield offers exceptional rental yield potential for investors seeking high-return opportunities in California's emerging markets. With a median property price around $400,000 and average rents between $1,210–$1,995 monthly, the city delivers strong cash-on-cash returns of 5% for traditional rentals and up to 5% for Airbnb investments. The market benefits from consistent job growth, affordable entry prices compared to coastal California, and sustained rental demand driven by a growing workforce. Forbes ranks Bakersfield among the top 10 most competitive rental markets nationally, making it ideal for budget-conscious investors targeting high-yield properties.
Frequently Asked Questions
As of January 2026, average rent in Bakersfield ranges from $1,210–$1,995 depending on the source and property type. Studio apartments average $825–$949, one-bedroom units average $1,100–$1,210, and two-bedroom apartments average $1,443–$1,451 monthly.
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