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Fresno

Learn about the people, housing, costs and businesses in Fresno

Median Home$373,557
Median Rent$1,561/month
Population1,177,665
Leading IndustriesConstruction · Agriculture & Mining · Transportation9% construction
Home Value Growth⬆⬆+12.8% over 2 years
Family-Friendly28% of residentstop 4% nationally
Homeowners57% of occupied units
Fresno

Frequently Asked Questions

What are today's mortgage rates in Fresno?

Mortgage rates for Fresno are updated daily on Safe Rate using live investor pricing. Rates depend on your credit score, loan type (Conventional, FHA, VA, Jumbo), and down payment. A 30-year fixed rate is the most common product for home purchases.

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What is the median home price in Fresno?

The median home value in Fresno is $374k. The median monthly rent is $1,561. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Fresno?

Home values in Fresno have increased 12.8% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Fresno?

Based on a typical all-in ownership cost of $1,538/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $66k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Fresno is $79k/year.

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What industries drive the economy in Fresno?

The largest employment sectors in Fresno are public administration (25%) and agriculture and mining (9%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.