Performance indicators for the Ridgecrest short-term rental market based on reliable data.
Listings
Reliable / Active
Cap Rate
Middle-Earners Gross Yield
Revenue
Middle-Earners Revenue
Occupancy
Middle-Earners Occupancy
Home Value
Median Home Sale Price
Top Earners
Top-Earners Revenue
The highest-performing listings in Ridgecrest.
Loading top listings...
Generally Investor friendly
Ridgecrest explicitly allows STRs and has a straightforward, low-burden permitting process: TOT/RTID registration and a simple certificate, with a business license only required at 4+ units. The main detractors are a relatively high combined 15.75% tax and monthly filing obligations, which add cost and admin work but are still manageable and predictable.
Local STR Agent
STR specialist · Ridgecrest, CA
Ridgecrest, California, is a small city located in the Indian Wells Valley, in the southeastern region of the state. As of the 2020 census, Ridgecrest has a population of approximately 27,000 residents. The city is situated about 100 miles northeast of Bakersfield, the closest major city.
Ridgecrest is surrounded by natural beauty and offers access to several notable attractions, making it an appealing destination for short-term rentals. The city serves as a gateway to outdoor adventures in the nearby Desert Tortoise Natural Area, the renowned Trona Pinnacles (https://www.blm.gov/visit/trona-pinnacles),,) and the Kern River for whitewater rafting and fishing activities.
Furthermore, Ridgecrest is home to the US Naval Air Weapons Station China Lake (https://www.cnic.navy.mil/ChinaLake/index.htm),,) which greatly influences the local economy and culture. The Maturango Museum (http://maturango.org/)) is another key landmark, offering exhibits on the natural and cultural history of the region.
Overall, Ridgecrest's proximity to unique geological formations, military significance, and engaging museums contribute to its attractiveness for short-term visitors seeking both educational and recreational experiences.
