Home prices
The median home price in Bakersfield is $247,000. This is approximately $33,140 (15%) higher in comparison to its nearby areas.It is approximately $29,500 (13%) higher compared to the nation as a whole, and compared to the city of Los Angeles is roughly $389,900 (61%) lower.
Rents
In Bakersfield the median monthly rent is $1,104. This is about $172 (18%) higher compared to its surrounding areas.In comparison to the country as a whole it is approximately $42 (3%) higher, and it is about $346 (23%) lower compared to the city of Los Angeles.
Nearby places
Greenacres
Greenacres is Bakersfield's neighbor to the northwest. The real estate prices there are a little less expensive. The median home in Greenacres costs $221,700, which is $25,300 (11%) lower than Bakersfield. The rent there is somewhat more expensive. In Greenacres the median rent is $1,183 per month, which is $79 (6%) higher than Bakersfield.
Oildale
Oildale is Bakersfield's neighbor to the north. The housing prices there are significantly less expensive. The price of the median home in Oildale is $160,300, which is $86,700 (54%) lower than Bakersfield. Rent there is a little less expensive. The median monthly rent in Oildale is $978, which works out to $126 (12%) lower than Bakersfield.
Rosedale
Rosedale is Bakersfield's neighbor to the west. Housing prices there are a lot more expensive. The cost of the median home in Rosedale is $412,500, which is $165,500 (40%) higher than Bakersfield. Rent there is a little less expensive. Rosedale's median monthly rent is $903, which comes out to $201 (22%) lower than Bakersfield.
Fuller Acres
Fuller Acres is roughly 7 miles southeast of Bakersfield. Real estate prices there are significantly less expensive. The median home in Fuller Acres is valued at $135,000, which is $112,000 (82%) lower than Bakersfield. The rent there is substantially less expensive. The median rent in Fuller Acres is $769 a month, which is $335 (43%) lower than Bakersfield.
Lamont
Lamont is about 8 miles southeast of Bakersfield. Its real estate prices are substantially less expensive. The cost of the median home in Lamont is $139,800, which works out to $107,200 (76%) lower than Bakersfield. Its rents are a lot less expensive. In Lamont the median rent is $829 a month, which comes out to $275 (33%) lower than Bakersfield.