San Luis Obispo-Paso Robles, CA Metro Area - Investment Guide

Metro Area • 16 Cities • 18 ZIP Codes

Avg Home Value $909,245
Avg Monthly Rent $2,717
Avg Cap Rate 2.41%
Avg Investability 2.9 ★
Cities 16
ZIP Codes 18

This metro is one of hundreds you can screen side by side — filter by the numbers that matter and get alerts when they move. See plans →

🏦 30-yr Fixed Rate: 7.28% as of Oct 1 Source: Freddie Mac PMMS

Best ZIP codes in San Luis Obispo-Paso Robles, CA

Every ZIP in the metro, ranked four ways. Free.

Cash Flow → Appreciation → Affordable →

Cities in San Luis Obispo-Paso Robles, CA

Top ZIP Codes by Investability

ZIP Code City State Home Value Rent Cap Rate Rating
93442 Morro Bay CA $935,837 $2,502 2.09% 3.0 ★
93401 San Luis Obispo CA $1,070,992 $2,546 1.85% 3.0 ★
93449 Pismo Beach CA $1,099,306 $3,529 2.50% 3.0 ★
93422 Atascadero CA $791,830 $2,382 2.35% 3.0 ★
93428 Cambria CA $1,022,609 $2,187 1.67% 3.0 ★
93444 Nipomo CA $922,418 $2,800 2.37% 3.0 ★
93402 Los Osos CA $861,999 $2,295 2.08% 3.0 ★
93452 San Simeon CA $602,321 $1,980 2.56% 3.0 ★
93405 San Luis Obispo CA $1,052,988 $2,764 2.05% 3.0 ★
93453 Creston CA $760,723 $2,196 2.25% 3.0 ★
93430 Cayucos CA $1,365,430 $1,980 1.13% 3.0 ★
93445 Oceano CA $665,272 $3,175 3.72% 3.0 ★
93420 Arroyo Grande CA $1,030,996 $3,450 2.61% 3.0 ★
93461 Shandon CA $518,425 $2,142 3.22% 3.0 ★
93446 Paso Robles CA $757,115 $2,466 2.54% 3.0 ★
93449 Pismo Beach CA $1,095,225 $3,286 2.34% 3.0 ★
93422 Atascadero CA $774,579 $2,347 2.36% 3.0 ★
93465 Templeton CA $990,642 $3,317 2.61% 3.0 ★
93433 Grover Beach CA $778,500 $2,646 2.65% 3.0 ★
93442 Morro Bay CA $963,112 $3,024 2.45% 3.0 ★
93401 San Luis Obispo CA $1,105,789 $2,989 2.11% 3.0 ★
93452 San Simeon CA $598,143 $1,980 2.58% 3.0 ★
93428 Cambria CA $977,921 $2,187 1.74% 3.0 ★
93430 Cayucos CA $1,320,116 $1,980 1.17% 3.0 ★
93444 Nipomo CA $950,182 $3,498 2.87% 3.0 ★
93402 Los Osos CA $878,554 $2,750 2.44% 3.0 ★
93453 Creston CA $749,243 $2,196 2.29% 3.0 ★
93405 San Luis Obispo CA $1,100,290 $3,823 2.71% 3.0 ★
93461 Shandon CA $510,575 $2,142 3.27% 3.0 ★
93432 Creston CA $986,253 $2,331 1.84% 3.0 ★
93445 Oceano CA $682,927 $2,700 3.08% 3.0 ★
93446 Paso Robles CA $778,765 $2,684 2.69% 3.0 ★
93420 Arroyo Grande CA $1,051,431 $3,114 2.31% 3.0 ★
93465 Templeton CA $967,535 $3,015 2.43% 3.0 ★
93433 Grover Beach CA $763,471 $2,950 3.01% 3.0 ★
93442 Morro Bay CA $931,257 $2,597 2.18% 3.0 ★
93401 San Luis Obispo CA $1,070,992 $2,546 1.85% 3.0 ★
93449 Pismo Beach CA $1,117,568 $3,274 2.28% 3.0 ★
93422 Atascadero CA $788,327 $2,376 2.35% 3.0 ★
93428 Cambria CA $1,015,768 $2,187 1.68% 3.0 ★
93444 Nipomo CA $928,783 $2,800 2.35% 3.0 ★
93402 Los Osos CA $861,999 $2,295 2.08% 3.0 ★
93452 San Simeon CA $601,378 $1,980 2.57% 3.0 ★
93430 Cayucos CA $1,359,444 $1,980 1.14% 3.0 ★
93445 Oceano CA $662,779 $1,980 2.33% 3.0 ★
93405 San Luis Obispo CA $1,052,988 $2,764 2.05% 3.0 ★
93453 Creston CA $768,620 $2,196 2.23% 3.0 ★
93420 Arroyo Grande CA $1,030,996 $3,450 2.61% 3.0 ★
93461 Shandon CA $522,202 $2,142 3.20% 3.0 ★
93446 Paso Robles CA $760,075 $2,725 2.80% 3.0 ★
A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
Open the Market Finder →
Free to search · investor plans from $19/mo

About San Luis Obispo-Paso Robles, CA Real Estate Market

The San Luis Obispo-Paso Robles, CA metropolitan statistical area (MSA) encompasses 16 cities and 18 ZIP codes. The average home value across the metro is $909,245, with an average monthly rent of $2,717. Explore individual cities and ZIP codes to find investment opportunities that match your criteria.