17 Cheap Apartments for rent in Bakersfield, CA

Last updated January 17 at 8:00pm UTC
VALHALLA DRIVE 900 #C
Bakersfield
Bakersfield, CA
Updated January 9 at 12:00pm UTC
2 Bedrooms
$695
114 Northrup St
Lakeview
Bakersfield, CA
Updated January 13 at 2:15am UTC
2 Bedrooms
$650
2121 California Ave
Oleander-Sunset
Bakersfield, CA
Updated January 15 at 5:53pm UTC
2 Bedrooms
$700
6212 Stockdale Hwy
Quailwood
Bakersfield, CA
Updated January 14 at 2:06am UTC
1 Bedroom
$600
716 Espee St
Homaker Park
Bakersfield, CA
Updated January 17 at 10:03am UTC
2 Bedrooms
$675
114 1/2 Eye St
Oleander-Sunset
Bakersfield, CA
Updated January 11 at 12:11pm UTC
1 Bedroom
$595
1225 Water St - C
College Heights
Bakersfield, CA
Updated January 3 at 3:37pm UTC
1 Bedroom
$545
1322 CHESTER PLACE
Oleander-Sunset
Bakersfield, CA
Updated January 9 at 11:45am UTC
1 Bedroom
$575
3724 Soranno Ave
Bakersfield
Bakersfield, CA
Updated January 5 at 2:25am UTC
2 Bedrooms
$695
915 1/2 Pacific Street
Baker Street
Bakersfield, CA
Updated January 13 at 12:02pm UTC
1 Bedroom
$550
116 Northrup St
Lakeview
Bakersfield, CA
Updated January 11 at 12:11pm UTC
2 Bedrooms
$650
1408 MONTEREY #B
East Bakersfield
Bakersfield, CA
Updated January 17 at 8:00pm UTC
2 Bedrooms
$650
2600 Haley St
College Heights
Bakersfield, CA
Updated January 3 at 1:52am UTC
2 Bedrooms
$675
1125 BRUNDAGE LANE #2
Oleander-Sunset
Bakersfield, CA
Updated January 9 at 11:45am UTC
2 Bedrooms
$575
1405 Pacific Street
East Bakersfield
Bakersfield, CA
Updated January 4 at 12:09pm UTC
2 Bedrooms
$700
1861 Quincy Street
East Bakersfield
Bakersfield, CA
Updated January 3 at 3:38pm UTC
2 Bedrooms
$675
5201 Demaret Ave
Bakersfield
Bakersfield, CA
Updated January 10 at 12:55pm UTC
1 Bedroom
$625
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January 2018 Bakersfield Rent Report

Welcome to the January 2018 Bakersfield Rent Report. Bakersfield rents remained steady over the past month. In this report, we'll evaluate trends in the Bakersfield rental market, including comparisons to cities throughout the state and nation.

View full Bakersfield Rent Report
Rent Report
Bakersfield

January 2018 Bakersfield Rent Report

Welcome to the January 2018 Bakersfield Rent Report. Bakersfield rents remained steady over the past month. In this report, we'll evaluate trends in the Bakersfield rental market, including comparisons to cities throughout the state and nation.

Bakersfield rent trends were flat over the past month

Bakersfield rents have remained flat over the past month, however, they have increased moderately by 3.3% year-over-year. Currently, median rents in Bakersfield stand at $720 for a one-bedroom apartment and $940 for a two-bedroom. Bakersfield's year-over-year rent growth lags the state average of 4.3%, but exceeds the national average of 2.8%.

Rents rising across cities in California

Throughout the past year, rent increases have been occurring not just in the city of Bakersfield, but across the entire state. Of the largest 10 cities that we have data for in California, 9 of them have seen prices rise. The state as a whole logged rent growth of 4.3% over the past year. Here's a look at how rents compare across some of the largest cities in the state.

  • Looking throughout the state, San Francisco is the most expensive of all California's major cities, with a median two-bedroom rent of $3,010; of the 10 largest cities in the state that we have data for, Oakland, where a two-bedroom goes for $2,140, is the only major city to see rents fall year-over-year (-14.2%).
  • Sacramento, Fresno, and Los Angeles have all experienced year-over-year growth above the state average (9.3%, 5.6%, and 5.4%, respectively).

Bakersfield rents more affordable than many large cities nationwide

As rents have increased moderately in Bakersfield, a few large cities nationwide have seen rents grow more modestly, or in some cases, even decline. Bakersfield is still more affordable than most large cities across the country.

  • Bakersfield's median two-bedroom rent of $940 is below the national average of $1,160. Nationwide, rents have grown by 2.8% over the past year compared to the 3.3% increase in Bakersfield.
  • While Bakersfield's rents rose moderately over the past year, the city of DC saw a decrease of 0.3%.
  • Renters will find more reasonable prices in Bakersfield than most large cities. For example, New York has a median 2BR rent of $2,470, which is more than two-and-a-half times the price in Bakersfield.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.