Investor market data · California

Fresno, CA Rental Market for Investors

An estimated 45% of Fresno's active listings could cash-flow as a short-term rental — here's what the numbers say for investors, as of August 2026.

See what pencils →Run a DSCR

$465,000Median list price1,013 active listings

$41,852Median STR revenue / yrprojected, gross

Homes in Fresno that pencil right now

A sample of active Fresno listings whose DSCR clears 1.25 using short-term rental income projections we accept as a direct lender. These are spread across the price range, not ranked, and current as of August 2026.

$149,000DSCR 1.61
2 bed · 1.5 bath · 968 sqft
Condo in 93703 · built 1990
STR revenue
$31,301/yr
Est. interest-only payment
$1,294/mo
On the market 156 days · Listed by Premier Plus Real Estate Company
Scout this home & market: 2-bed condo in Fresno
$180,000DSCR 2.09
3 bed · 1 bath · 915 sqft
House in 93706 · built 1978
STR revenue
$35,489/yr
Est. interest-only payment
$1,133/mo
On the market 283 days · Listed by Gs Strategies, Inc.
Scout this home & market: 3-bed house in Fresno
$199,000DSCR 1.44
3 bed · 1.5 bath · 1,295 sqft
Condo in 93722 · built 1973
STR revenue
$35,677/yr
Est. interest-only payment
$1,652/mo
On the market 183 days · Listed by eXp Realty of California Inc.
Scout this home & market: 3-bed condo in Fresno
$299,998DSCR 1.48
4 bed · 2 bath · 1,364 sqft
House in 93701 · built 1914
STR revenue
$41,803/yr
Est. interest-only payment
$1,887/mo
On the market 548 days · Listed by Better Homes & Garden Real Est
Scout this home & market: 4-bed house in Fresno
$304,998DSCR 1.36
4 bed · 1 bath · 1,675 sqft
House in 93701 · built 1915
STR revenue
$39,263/yr
Est. interest-only payment
$1,919/mo
On the market 506 days · Listed by Better Homes & Garden Real Est
Scout this home & market: 4-bed house in Fresno
$314,000DSCR 1.45
3 bed · 1 bath · 961 sqft
House in 93727 · built 1953
STR revenue
$43,074/yr
Est. interest-only payment
$1,976/mo
On the market 75 days · Listed by Northridge Homes Inc
Scout this home & market: 3-bed house in Fresno
$375,000DSCR 1.32
3 bed · 1 bath · 1,436 sqft
House in 93726 · built 1962
STR revenue
$46,671/yr
Est. interest-only payment
$2,360/mo
On the market 23 days · Listed by Real Broker
Scout this home & market: 3-bed house in Fresno
$429,900DSCR 1.49
4 bed · 1 bath · 1,600 sqft
House in 93711 · built 1994
STR revenue
$60,502/yr
Est. interest-only payment
$2,705/mo
On the market 38 days · Listed by Realty Concepts, Ltd
Scout this home & market: 4-bed house in Fresno

Ask about Fresno deals →Run any address yourself

As of August 2026, we analyzed 1,013 active for-sale homes in Fresno, California. The typical listing is priced at $465,000 and is projected to generate about $41,852 a year as a short-term rental.

After setting aside an estimated 20% for operating costs, an estimated 44.7% of those homes could still cover an investor mortgage payment on short-term-rental income — roughly in line with the 52.5% median across the 200 major metros we track, ranking Fresno #126 of 200 for cash-flow potential.

On market momentum: homes in Fresno sit a median of 47 days on the market, and 36% of active listings came on in just the last 30 days — a steadily paced market, which shapes how much room there is to negotiate.

For a DSCR loan — which qualifies on the property's rental income rather than your personal income — Fresno runs tighter once operating costs are accounted for: many listings need a below-median price, a stronger short-term-rental setup, or more money down before the income covers the payment. It's a market where running the numbers property-by-property matters.

What actually works in Fresno

Cash-flow is the exception rather than the rule in Fresno right now: 119 of the 868 Fresno homes, condos and townhomes we can price confidently clear a DSCR of 1.25. Nine in ten of them are priced under $442,000.

Share of those listings clearing an DSCR of 1.25, by price and bedroom count. The smaller figure is the median DSCR for that group.
Price	2 bed	3 bed	4 bed	5 bed
$150k–$250k	50%1.25	77%1.59	—	—
$250k–$350k	16%1.03	38%1.17	64%1.30	—
$350k–$500k	0%0.82	7%0.98	23%1.11	50%1.23
$500k+	—	1%0.78	1%0.82	1%0.83

Darker means a larger share of that group cash-flows. “—” means fewer than 8 active listings — too few to draw a conclusion from.

Fresno in full

Active for-sale homes analyzed	1,013
Median list price	$465,000
Median projected STR revenue (annual, gross)	$41,852
Median average daily rate (ADR)	$190
Median occupancy	61%
Median beds	3
Median size	1,802 sqft
Estimated cash-flow-positive share	44.7%
Median days on market	47 days
New listings (last 30 days)	35.6% of active