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Walnut Creek, CA Investment Data and Rental Metrics
Investment Data & Rental Metrics
LTR & STR financial performance, market growth indicators, and school ratings.
LTR Financial Performance
Median Price
LTR Rent
$2,818
Monthly Cash Flow
-$3,114
Principal + Equity
$4,543
Annual Total Gain
$17,139
Cash on Cash
-14.83%
Net ROI %
STR Financial Performance
Median Price
Avg. Daily Rate
$214
Occupancy Rate
73.33%
Monthly Revenue
$3,330
Monthly Cash Flow
-$3,102
Principal + Equity
$4,543
Annual Total Gain
$17,288
Cash on Cash %
-14.77%
Net ROI %
Market Health & Growth
Median Income
$135,665
Population
69,790
LTR Renter %
35.52%
Forecast (1 yr)
-1.85%
Appreciation (1 yr)
-3.66%
Appreciation (5 yr)
24.98%
Appreciation (10 yr)
55.08%
Job Growth
0.62%
LTR Rentability
Moderate
STR Demand
80
STR Rentals
200
Top Public Schools
ACampolindo High School
AMonte Vista High School
A
A
A-
Market Grades and Information
Best Places to Live Ranking
Public school quality, cost of living, commute, and lifestyle ratings.
A
Overall
Top-level market grade
Best Suburbs to Live in California
#42out of 526 markets
Best Places to Retire in California
#10out of 816 markets
Best Suburbs for Young Professionals in California
#35out of 526 markets
A-
Public School
B-
Crime And Safety
C-
Housing
B
Nightlife
A-
Good For Families
Diversity
Jobs
Weather
Cost Of Living
Health And Fitness
Outdoor Activities
Commute
Short-Term Rental (STR) Regulations
Local rules and guidelines for operating short-term rentals in Walnut Creek, CA.
In Walnut Creek, CA, short term rentals (STRs) are regulated by the city's Municipal Code. Here are some key regulations that an investor should be aware of before purchasing a property for short term rental purposes:
1. Permit Requirement: In Walnut Creek, STRs are required to obtain a permit from the city before operating. The permit process includes submitting an application, paying a fee, and meeting certain requirements set by the city.
2. Zoning Restrictions: The city has specific zoning regulations that dictate where STRs are allowed to operate. Investors should check the zoning of the property they are interested in to ensure that it is eligible for short term rental use.
3. Occupancy Limits: Walnut Creek has occupancy limits for STRs, which specify the maximum number of guests allowed to stay in the rental property at any given time. Investors should be aware of these limits and ensure compliance with them.
4. Noise and Nuisance Regulations: The city has noise and nuisance regulations that apply to all properties, including STRs. Investors should be aware of these regulations and take steps to ensure that their rental property does not cause disturbances to neighbors.
5. Taxation: STRs in Walnut Creek are subject to transient occupancy taxes, which must be collected from guests and remitted to the city. Investors should be aware of their tax obligations and ensure compliance with all relevant tax laws.
6. Insurance Requirements: Investors should also consider obtaining appropriate insurance coverage for their short term rental property, including liability insurance to protect against potential accidents or damages.
Overall, investors should thoroughly research and understand the regulations governing short term rentals in Walnut Creek before purchasing a property for this purpose. Failure to comply with these regulations could result in fines, penalties, or even the revocation of the STR permit.
Market Trends Over Time
Explore 25 years of market data for Walnut Creek, CA, including median property prices, long-term rental rates, and days on market — identify growth potential and gauge market stability.
Median Price
Median Rent
Days on Market
Nearest Markets
Explore nearby investment markets close to Walnut Creek, CA.
The LTR Genie Score of Walnut Creek, CA is 46 and STR Genie Score is 55, indicating a moderate level of rentability for long-term rentals and a slightly higher rentability for short-term rentals. The LTR Rent Growth Rate of 0.0254% suggests a stable rental market, while the 1-Year Price Appreciation Forecast of -1.85% may indicate a slight decline in property values. The LTR Net ROI of 6.8% and STR Net ROI of 6.86% are relatively close, with short-term rentals showing a slightly higher return on investment.
The STR Occupancy rate of 73.33% and STR Revenue of 3330 indicate a healthy demand for short-term rentals in Walnut Creek. Based on these metrics, it may be more attractive for real estate investors to consider investing in short-term rentals in this market. However, the LTR Genie Score being lower than the STR Genie Score suggests that long-term rental properties may not be as lucrative in Walnut Creek compared to short-term rentals.
Walnut Creek, CA is a vibrant city located in the East Bay area of San Francisco Bay Area, known for its excellent schools, upscale shopping, and dining options. The city offers a mix of suburban charm and urban amenities, making it a desirable location for both residents and visitors. Investors should consider the local market trends and demand for rental properties when evaluating investment opportunities in Walnut Creek.