City Report · CA

Hanford

Pop. 59,754·342nd most expensive in California·Hanford rents are up 20.4% over the past year
Median rent (all units)
$1,989/mo
Year-over-Year
+20.4%
Month-over-Month
-3.1%
vs US Median
+$27
Falling (Monthly)
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Most AffordableMost Expensive
Hanford · $1,989
More expensive than 58% of US cities · National median $1,962/mo
Affordability
31% of income
MODERATE
0%30% benchmark60%+

At $1,989/mo, rent takes about 31% of the local median household income, slightly above the 30% benchmark.

Income to afford
$80,000/yr
Local median income
$76,461/yr
Based on the 30%-of-income rule using Hanford's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,120
1 BR
$1,120
2 BR
$1,400
3 BR
$1,960
4 BR+
$2,350
Fair Market Rent (HUD)
$1,400/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,989 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: August 17, 2026

Annual cost
$23,868/yr
At $1,989/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 20.4% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+20.4% YoY, -3.1% MoM), not inventory.
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Demographics

Who lives here

Hanford, CA is majority owner-occupied, has a large share of families with children, 18.1% of residents hold a bachelor's degree or higher.

Population
59,754
Median income
$76,461
Median age
32.5
Renters
37.9%
Age distribution
28.7%
24.2%
24.8%
13.3%
Under 1828.7%
18–3424.2%
35–5424.8%
55–649.1%
65+13.3%
Gender
51.3%
48.7%
Male51.3%
Female48.7%
Race & ethnicity
46.6%
51.4%
White46.6%
Black6.1%
Hispanic51.4%
Asian4.2%
Education (25+)
17.2%
26.4%
38.3%
18.1%
No HS diploma17.2%
HS diploma26.4%
Some college38.3%
Bachelor's+18.1%
Housing tenure
62.1%
37.9%
Owner62.1%
Renter37.9%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2023 vs 2026

How Hanford, CA has changed in 5 years

Rent
$1,872 → $1,989
up 6.3%
Income
$68,316 → $76,461
up 11.9%
Population
57,359 → 59,754
up 4.2%
Renter share
39.4% → 37.9%
-1.5 pts
Bachelor's+
18% → 18.1%
+0.1 pts

Compared with 2023, rent in Hanford, CA has climbed by $117 per month, settling near $1,989 after starting the period at $1,872. Median household income grew from $68,316 to $76,461 between 2021 and 2024, a 11.9% shift. Income growth outran rent by about 5.6 percentage points, easing the affordability math somewhat compared with 2021. Headcount in the area went from 57,359 to 59,754 between 2021 and 2024, a 4.2% change. About 37.9% of households rent today, against 39.4% in 2021. Taken together, the five-year picture in Hanford, CA reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.

Community

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View Hanford rent history (2015–2026) →
Salary vs rent

Can you afford rent in Hanford on your salary?

At $1,989/mo, how Hanford rent compares to typical pay (30% rule).

By apartment size

Hanford rent by bedroom count

Median rent for each apartment size in Hanford. Click any size for full breakdown.

Local insights

Tips for renters in Hanford

About renting in Hanford, CA

Last updated: August 17, 2026

The median rent in Hanford is $1,989/mo as of August 2026. A studio apartment averages $1,120/mo while a 2-bedroom runs $1,400/mo. One-bedroom apartments average $1,120/mo and 3-bedroom units go for $1,960/mo.

At 31% of local median household income ($76,461/yr), Hanford ranks as moderate compared to the national benchmark of 30%. Rents have increased 20.4% over the past year.

FAQ

Frequently asked questions

Is Hanford an affordable city for renters?

Hanford is considered moderate for renters. At $1,989/mo, rent takes approximately 31% of the local median household income ($76,461/yr). The standard benchmark is 30%. Hanford slightly exceeds that threshold, so budgeting carefully matters here.

How much income do you need to rent in Hanford?

To keep rent at or below 30% of gross income, you would need to earn at least $80,000/year (~$38/hour full-time) to afford the median rent of $1,989/mo in Hanford. The local median household income is $76,461/yr, meaning the typical Hanford household falls short of that threshold.

Is rent going up or down in Hanford?

Rent in Hanford has increased 20.4% over the past year as of August 2026, putting upward pressure on renter budgets.

How does Hanford rent compare to other cities in California?

Hanford is one of the more affordable cities in California for rent, ranking #342 out of 381 tracked cities at $1,989/mo.

Which nearby cities are cheaper to rent in than Hanford?

Several nearby cities have lower median rents than Hanford ($1,989/mo): Reedley ($1,680/mo), Visalia ($1,829/mo), Kingsburg ($1,848/mo).

What percentage of Hanford residents rent vs. own?

According to Census data, approximately 37.9% of Hanford households are renters, while 62.1% are owner-occupied. Hanford leans toward homeownership, which can mean a smaller rental inventory.

How does Hanford rent compare to the national average?

Hanford's median rent of $1,989/mo is $27 (1%) above the US national median of $1,962/mo. Within California, it ranks #342 out of 381 tracked cities.
Income Affordability
31%
MODERATE

At $1,989/mo, rent takes ~31% of Hanford's median household income ($76,461/yr). The standard benchmark is 30%.

Hanford 31%Benchmark 30%
State income tax1–13.3%
Run the Hanford affordability calculator →
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Neighborhoods

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Schools nearby

Public schools near Hanford, CA

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