Average Rent in Fresno, CA↑ Rents rising 4.3% YoY
HUD FY2025 · Official government data · Updated annually · Metro pop. 1,170,942
Market Overview
Fresno, CA has rental prices ranging from $1,210/month to $2,415/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $1,217/month — 13% below the national average of $1,400/month. With a median household income of $71,897/year, spending $1,217/month on a 1-bedroom represents 20% of gross income — within the recommended 30% threshold.
How Fresno Compares
With an average 2-bedroom rent of $1,505/month, Fresno ranks #26 most expensive of the 51 cities tracked in California — pricier than 92% of all US cities in our data.
The Fresno Rental Market
The Fresno, CA area has a population of about 1,170,942 and 43% of households renting rather than owning. That renter share runs above the US average of ~34%, pointing to a competitive rental market where vacancies clear quickly and rents are less negotiable.
Rent Trends
2-bedroom rents in Fresno, CA have risen by $62/month (4.3%) over the past year, from $1,443 to $1,505. This modest growth is consistent with broader inflationary trends seen across US rental markets.
Affordability
To afford a 1-bedroom apartment in Fresno, CA without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $48,680. The local median household income of $71,897 exceeds that threshold by $23,217, making Fresno relatively accessible compared to local wages.
Rent vs. Buy
The median home value in Fresno, CA is $391,319, giving a price-to-rent ratio of 21.7. With a break-even horizon of approximately 22 years, renting is likely the more financially prudent option for most residents unless they plan to stay long-term.
Neighborhoods
Home values — and by extension rent levels — vary significantly across Fresno's neighborhoods. Among the highest-value areas are Central ($240,872 median home value), Edison ($262,149 median home value), Calwa ($292,197 median home value). Rental prices typically follow home value patterns, with premium neighborhoods commanding higher rents than outer areas. Renters on a tighter budget may find better value in less central neighborhoods or in adjacent metros with lower overall rent levels.
Fair Market Rents
HUD FY2025Is Fresno, CA Affordable?
Income needed to rent or buy, price history, and how this city compares to nearby metros.
Affordability Index(30% income rule)
Nearby Cities in CAlargest metros in the state
| City | Studio | 1BR | 2BR | 3BR | Home Value |
|---|---|---|---|---|---|
| Los Angeles | $1,856 | $2,081 | $2,625 | $3,335 | — |
| Santa Ana | $2,352 | $2,454 | $2,903 | $3,927 | — |
| Oakland | $1,937 | $2,201 | $2,682 | $3,432 | — |
| San Francisco | $2,275 | $2,780 | $3,318 | $4,138 | — |
| Riverside | $1,776 | $1,852 | $2,306 | $3,079 | — |
| San Diego | $2,145 | $2,328 | $2,881 | $3,852 | — |
Rent or Buy in Fresno?
Break-even analysis and mortgage estimates based on local market data.
Should I Rent or Buy?
Break-even analysis using real Fresno data
Buying breaks even after 1 year — worth it if you stay 1+ years.
Mortgage Calculator
Estimate monthly payment for $391,319 home at 7% rate
Living in Fresno
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Frequently Asked Questions
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⚖️Rent vs Buy in FresnoIs it cheaper to rent or buy here?
💵Rent Affordability in FresnoSalary needed to afford rent here
🗺️All Cities in CASee how Fresno ranks statewide
⚖️Compare FresnoSide-by-side rent & cost of living with any city
📋CA Tenant RightsDeposit limits, eviction laws & renters protections