Renting in Fresno costs about $1,890 a month, and the typical home is listed at $446,000. That puts the price-to-rent ratio at 19.7: a typical home costs as much as 19.7 years of rent.
Fresno now and in 2031
| Now | 2031 (projected) | |
|---|---|---|
| Typical asking rent | $1,890/mo | $1,815/mo |
| Typical list price | $446,000 | $600,000 |
| Price-to-rent ratio | 19.7 | — |
Rent is projected at -0.8% a year, the trend in RentCast's median rents for these ZIP codes since mid-2024. For home values: The first 2 years follow this year's change in list prices (+2.7%); later years use the Federal Housing Finance Agency's house price index average for these ZIP codes from 2020 to 2025 (+8.5% a year). These are trends carried forward, not predictions of the next market turn.
How to read the price-to-rent ratio
The ratio divides the typical list price by a year of typical rent. A higher ratio means buying is expensive relative to renting; a lower one means monthly rent is high compared with what a home costs. It's a quick way to compare cities, not a verdict for your situation.
By ZIP code
| ZIP | Median rent | Rental listings | Median list price | Sale listings |
|---|---|---|---|---|
| 93722 | $1,750/mo | 120 | $410,000 | 220 |
| 93727 | $2,095/mo | 97 | $437,800 | 301 |
| 93720 | $2,350/mo | 73 | $505,000 | 214 |
| 93702 | $1,400/mo | 31 | $305,000 | 73 |
| 93726 | $1,395/mo | 67 | $349,900 | 123 |
| 93711 | $2,150/mo | 49 | $550,000 | 186 |
What this doesn't account for
Mortgage rates, your down payment, property taxes, insurance, HOA fees, maintenance, and how long you'll stay decide more than any city-wide figure. These are area numbers built from active listings; they don't know the specific home or your finances.
Source: RentCast market data for 6 of Fresno's 16 ZIP codes (the most populous, home to 67% of residents in the city's ZIP codes, per the Census Bureau's ACS 2023). A ZIP counts only with at least 20 active listings. Retrieved October 14, 2026. Figures are listing-weighted averages of ZIP medians, not an appraisal. How Predictye calculates this.
Frequently asked questions
How much is rent in Fresno, CA?
Typical asking rent is $1,890 a month, across 437 active rental listings in 6 ZIP codes.
How much do homes cost in Fresno, CA?
The typical list price is $446,000, across 1,117 active sale listings in 6 ZIP codes. List prices are asking prices, not final sale prices.
What is the price-to-rent ratio in Fresno, CA?
About 19.7: the typical list price equals 19.7 years of typical rent. The higher the ratio, the more buying costs relative to renting.