A report from the online real estate site Houzeo ranked the most affordable cities in California. Porterville took the top spot.
Data from the rental search platform Apartment List showed Fresno homeowners on average pay $3,071 a month, while renters pay $1,796 a month.
The Housing Market Index, a monthly snapshot of the homebuilding industry, shows modest improvement but remains in negative territory as high prices and interest rates continue to weigh on the housing market.
Spring is typically a time when home buying picks up. With high home prices and high mortgage interest rates, that has not been the case this season.
Fresno has been ranked 15th on Construction Coverage's list of the hottest housing markets in the United States, driven by strong demand, competitive pricing and faster-than-average home sales.
Despite the student loans and credit card debt, some Gen Z homebuyers have still been able to save enough money for a down payment and put out that "welcome" mat.