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California

Build-to-Rent Market Profile

29%

Build 2 Rent Score

Grade

#46

National Rank

Tier 5

Speculative

Market Metrics

Income Growth

4.8%

higher is better · Bureau of Labor Statistics (BLS), QCEW

Population Growth

0.6%

higher is better · U.S. Census Bureau, ACS 5-Year Estimates

Rent Growth

higher is better · Zillow Observed Rent Index (ZORI)

Job Growth

—

higher is better · Bureau of Labor Statistics, Current Employment Statistics

Vacancy Rate

5.6%

lower is better · U.S. Census Bureau, Housing Vacancy Survey

Crime Rate

420

lower is better · FBI Uniform Crime Reporting (UCR) Program

Building Permits

640

higher is better · U.S. Census Bureau, Building Permits Survey

Land Cost

$120k

lower is better · Zillow ZHVI, 2-BR Tier

Property Taxes

—

lower is better · Tax Foundation, State & Local Property Tax

Insurance Cost

—

lower is better · NAIC / Insurify Insurance Cost Index

Landlord Friendliness

—

higher is better · Rentometer Landlord-Friendly Index

Home Appreciation

—

higher is better · FHFA House Price Index

Growth Profile

Stable

Population0.6%

Income4.8%

Rent5%

Jobs—

Risk Profile

High Risk

Vacancy5.6%

Crime420

Insurance—

Regulation & Cost

Strategy: Value-Add

Property Tax—

Landlord Friendliness—

Land Cost (2BR)$120k

Top Cities in California

Bakersfield (85)Visalia (82)Tulare (32)Hanford (32)Winchester (25)Modesto (24)Moreno Valley (20)Sacramento (13)

Available Models in CaliforniaView all

2BR/3.5BA | 2348 sqft | La Quinta, California

La Quinta · Single Family Rental (SFR)

$639,990

3BR/2BA | Single Family Rental (SFR) | Cathedral City, California | $539,990 | $2,375/mo

Cathedral City · Single Family Rental (SFR)

$539,990

3BR/2.5BA | Single Family Rental (SFR) | Victorville, California | $444,490 | $2,125/mo

Victorville · Single Family Rental (SFR)

$444,490

4BR/3BA | Single Family Rental (SFR) | Winchester, California | $698,990 | $2,825/mo

Winchester · Single Family Rental (SFR)

$698,990

3BR/2BA | Single Family Rental (SFR) | Winchester, California | $579,990 | $2,550/mo

Winchester · Single Family Rental (SFR)

$579,990

5BR/3BA | Single Family Rental (SFR) | Winchester, California | $697,990 | $2,825/mo

Winchester · Single Family Rental (SFR)

$697,990

Investing in California?

Talk to a Build 2 Rent specialist about available models, financing, and market strategy for California.

California

Growth Profile

Risk Profile

Regulation & Cost

Investing in California?

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