Santa Cruz-Watsonville, CA Metro Area - Investment Guide

Metro Area • 11 Cities • 16 ZIP Codes

Avg Home Value $1,042,407
Avg Monthly Rent $3,503
Avg Cap Rate 2.78%
Avg Investability 2.4 ★
Cities 11
ZIP Codes 16

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: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Best ZIP codes in Santa Cruz-Watsonville, CA

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

Cash Flow → Appreciation → Affordable →

Cities in Santa Cruz-Watsonville, CA

Aptos California 1 ZIPs Ben Lomond California 2 ZIPs Boulder Creek California 2 ZIPs Capitola California 1 ZIPs Davenport California 1 ZIPs Felton California 1 ZIPs Freedom California 1 ZIPs Santa Cruz California 4 ZIPs Scotts Valley California 1 ZIPs Soquel California 1 ZIPs Watsonville California 1 ZIPs

Top ZIP Codes by Investability

ZIP Code City State Home Value Rent Cap Rate Rating
95006 Boulder Creek CA $726,574 $3,816 4.10% 3.0 ★
95019 Freedom CA $742,689 $3,429 3.60% 3.0 ★
95065 Santa Cruz CA $1,366,991 $4,320 2.46% 3.0 ★
95007 Boulder Creek CA $763,537 $3,933 4.02% 3.0 ★
95041 Felton CA $773,835 $4,068 4.10% 3.0 ★
95066 Scotts Valley CA $1,271,501 $4,153 2.55% 3.0 ★
95010 Capitola CA $1,251,970 $3,319 2.07% 3.0 ★
95060 Santa Cruz CA $1,340,166 $3,378 1.97% 3.0 ★
95062 Santa Cruz CA $1,287,126 $3,487 2.11% 3.0 ★
95073 Soquel CA $1,352,756 $3,863 2.23% 3.0 ★
95018 Ben Lomond CA $842,568 $2,500 2.31% 3.0 ★
95064 Santa Cruz CA $650,084 $3,429 4.11% 3.0 ★
95076 Watsonville CA $838,101 $3,191 2.97% 3.0 ★
95019 Freedom CA $765,375 $3,429 3.49% 3.0 ★
95065 Santa Cruz CA $1,313,248 $4,320 2.57% 3.0 ★
95066 Scotts Valley CA $1,230,476 $3,286 2.08% 3.0 ★
95041 Felton CA $806,650 $4,068 3.93% 3.0 ★
95060 Santa Cruz CA $1,389,865 $3,605 2.02% 3.0 ★
95003 Aptos CA $1,312,752 $3,917 2.33% 3.0 ★
95073 Soquel CA $1,292,359 $3,870 2.34% 3.0 ★
95010 Capitola CA $1,242,348 $3,331 2.09% 3.0 ★
95062 Santa Cruz CA $1,329,040 $3,500 2.05% 3.0 ★
95005 Ben Lomond CA $886,007 $3,987 3.51% 3.0 ★
95076 Watsonville CA $820,523 $2,858 2.72% 3.0 ★
95006 Boulder Creek CA $714,833 $3,816 4.16% 3.0 ★
95007 Boulder Creek CA $738,855 $3,933 4.15% 3.0 ★
95019 Freedom CA $757,786 $3,429 3.53% 3.0 ★
95065 Santa Cruz CA $1,363,617 $4,320 2.47% 3.0 ★
95066 Scotts Valley CA $1,287,037 $3,863 2.34% 3.0 ★
95010 Capitola CA $1,207,072 $3,107 2.01% 3.0 ★
95060 Santa Cruz CA $1,399,201 $3,625 2.02% 3.0 ★
95003 Aptos CA $1,346,880 $4,054 2.35% 3.0 ★
95073 Soquel CA $1,345,344 $3,870 2.24% 3.0 ★
95018 Ben Lomond CA $811,200 $4,068 3.91% 3.0 ★
95062 Santa Cruz CA $1,329,180 $3,520 2.07% 3.0 ★
95076 Watsonville CA $842,113 $3,080 2.85% 3.0 ★
95019 Freedom CA $748,491 $3,429 3.57% 3.0 ★
95007 Boulder Creek CA $764,049 $3,933 4.02% 3.0 ★
95041 Felton CA $777,646 $4,068 4.08% 3.0 ★
95060 Santa Cruz CA $1,349,012 $3,298 1.91% 3.0 ★
95003 Aptos CA $1,323,777 $4,100 2.42% 3.0 ★
95066 Scotts Valley CA $1,270,449 $4,247 2.61% 3.0 ★
95010 Capitola CA $1,256,530 $3,418 2.12% 3.0 ★
95062 Santa Cruz CA $1,282,578 $3,611 2.20% 3.0 ★
95005 Ben Lomond CA $880,205 $3,987 3.53% 3.0 ★
95073 Soquel CA $1,374,419 $3,863 2.19% 3.0 ★
95064 Santa Cruz CA $664,711 $3,429 4.02% 3.0 ★
95006 Boulder Creek CA $717,588 $3,816 4.15% 3.0 ★
95007 Boulder Creek CA $745,439 $3,933 4.12% 3.0 ★
95019 Freedom CA $756,981 $3,429 3.53% 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 Santa Cruz-Watsonville, CA Real Estate Market

The Santa Cruz-Watsonville, CA metropolitan statistical area (MSA) encompasses 11 cities and 16 ZIP codes. The average home value across the metro is $1,042,407, with an average monthly rent of $3,503. Explore individual cities and ZIP codes to find investment opportunities that match your criteria.