Is Palmdale, CA a good place to invest in rental property?

Palmdale, CA has a median modeled monthly cash flow of $-844 and a median cap rate of 4.3%, on a median sold price of $500,000. Prices changed -1.1% year over year.

What is the average cap rate in Palmdale, CA?

The median cap rate across recently sold homes in Palmdale, CA is 4.3%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Palmdale, CA?

The median sold price in Palmdale, CA is $500,000 (about $275 per square foot).

Investing in Palmdale, CA Real Estate

A data-driven snapshot of the Palmdale, CA rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$500,000Median sold price

$275Median $/sqft

4.3%Median cap rate

$-844Modeled cash flow / mo

-1.1%Appreciation YoY

12.8Months of supply

1,412Active listings

1,328Sold (last 12 mo)

What the Palmdale numbers say

In Palmdale, CA, the median home sold for $500,000 (about $275 per square foot), and the typical deal models out to a 4.3% cap rate with a median $-844 of monthly cash flow. Sold prices moved -1.1% over the past year. Inventory sits at about 12.8 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

🔨 See 4 fix-and-flip deals in Palmdale — listings where the estimated after-repair value beats list price + rehab.

Other California markets to compare

See Palmdale cash-flowing listings

CashFlowRE ranks every for-sale home in Palmdale, CA by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Palmdale deals, or browse the national market data.