Most Affordable ZIP Codes in San Luis Obispo-Paso Robles, CA (2026)
The lowest entry prices that still hold a decent investability rating — cheap is only useful if the market underneath it is sound.
| # | ZIP | City | Home value | Rent | Cap rate | 5-yr growth |
|---|---|---|---|---|---|---|
| 1 | 93461 | Shandon, CA | $518,425 | $2,142 | 3.22% | 3.9% |
| 2 | 93452 | San Simeon, CA | $602,321 | $1,980 | 2.56% | 3.7% |
| 3 | 93445 | Oceano, CA | $683,365 | $2,700 | 3.08% | 4.7% |
| 4 | 93453 | Creston, CA | $760,723 | $2,196 | 2.25% | 2.8% |
| 5 | 93446 | Paso Robles, CA | $774,223 | $2,779 | 2.80% | 4.4% |
| 6 | 93433 | Grover Beach, CA | $783,233 | $2,749 | 2.74% | 4.6% |
| 7 | 93422 | Atascadero, CA | $788,954 | $2,388 | 2.36% | 4.5% |
| 8 | 93402 | Los Osos, CA | $874,143 | $2,875 | 2.57% | 4.2% |
| 9 | 93444 | Nipomo, CA | $946,912 | $3,238 | 2.67% | 5.6% |
| 10 | 93442 | Morro Bay, CA | $953,775 | $3,166 | 2.59% | 2.9% |
| 11 | 93465 | Templeton, CA | $990,642 | $3,317 | 2.61% | 4.7% |
| 12 | 93428 | Cambria, CA | $1,014,546 | $2,187 | 1.68% | 4.1% |
| 13 | 93420 | Arroyo Grande, CA | $1,048,149 | $3,139 | 2.34% | 4.8% |
| 14 | 93401 | San Luis Obispo, CA | $1,096,478 | $2,853 | 2.03% | 5.5% |
| 15 | 93449 | Pismo Beach, CA | $1,099,306 | $3,529 | 2.50% | 4.2% |
| 16 | 93405 | San Luis Obispo, CA | $1,100,384 | $3,361 | 2.38% | 5.8% |
Ranked from Repit’s own ZIP-level data — Zillow home values and rents, HUD fair-market rents where Zillow has no coverage, and U.S. Census vacancy. Cap rate is gross: annual rent over purchase price, before financing and expenses. Every ZIP above links to its full free page. How we calculate this →
Same metro, different strategy
Cash Flow in San Luis Obispo-Paso Robles, CA · Appreciation in San Luis Obispo-Paso Robles, CA
Or see the full San Luis Obispo-Paso Robles, CA metro profile.