Real Estate Investing in Templeton, California (93465)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 93465 (Templeton, CA)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 8.6% vacancy may signal weakening demand.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
What’s happening in Templeton, CA (93465)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 93465 Templeton
The 93465 ZIP covers a section of Templeton that demands careful diligence. Prices near $991K look accessible, but the work to make a deal cash flow is real.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $991K asset, 93465 is the wrong submarket. If the plan prices in friction, the yield can still work.
ZIP 93465's metrics run below San Luis Obispo County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Demographically, 93465 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
Strategically, 93465 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Templeton:
Property Strategy for 93465
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $740,336 | $3,350 | 3.3% | +5.9% | $370,168 |
| 3BR | $860,552 | $4,490 | 3.8% | +7.3% | $286,851 |
| 4BR | $1,248,294 | $5,150 | 3.0% | +8.4% | $312,073 |
| 5BR | $1,704,725 | — | — | +7.9% | $340,945 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 93465 Compare?
| Metric | 93465 | Templeton | San Luis Obispo-Paso Robles, CA | California |
|---|---|---|---|---|
| Home Value | $990,642 | $990,642 | N/A | $761,003 |
| 5-Year CAGR | 4.7% | 4.7% | N/A | 5.7% |
| Avg Rent | $3,317 | $3,317 | N/A | - |
| Cap Rate | 2.6% | 2.6% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 93465 (Templeton, CA). Anonymous, moderated, never written by AI.
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Property managers serving San Luis Obispo County
Manage rentals here? List your business →Academe Real Estate & Property Management is led by Fred Dotterrer in Atascadero, CA. summary from their website
California Property Services offers property management services. summary from their website
Nipomo Property Management offers property management services, listings, market analysis, and resources for buyers, sellers, and homeowners. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $990,642 |
| Monthly Rent | $3,317 |
| Price-to-Rent | 24.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.0% |
| Cap Rate | 2.6% |
| 5-Year IRR | 7.3% |
📈 Home Appreciation
| 1-Year | +1.5% ▲ |
| 3-Year CAGR | +2.6% ▲ |
| 5-Year CAGR | +4.7% ▲ |
| 10-Year CAGR | +6.1% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.6%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 93465
Population: 10,248
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 93465
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 7,065 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the smart move for investors in Templeton, CA?
The best-fit strategy in Templeton, CA is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
What are rental rates like in Templeton, CA?
Rent in Templeton, CA is around $3,317/mo. The resulting rent-to-value relationship with $991K pricing is reasonable for most investor models.
How high is vacancy risk in Templeton, CA?
Occupancy in Templeton, CA runs steady with elevated vacancy. Well-priced units at $3,317/mo lease on reasonable timelines.
How strong is the working-renter base in Templeton, CA?
Working renters make up the core of the Templeton, CA tenant base. The pool is reasonable for investors targeting long-term holds.
Are landlord laws favorable in Templeton, CA?
CA ranks as a tenant-protective state for landlord-tenant law. Templeton generally follows the statewide framework, so landlords face reasonable operating rules.
You know 93465 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 93465 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 93465 ranks in San Luis Obispo-Paso Robles, CA
Every ZIP in this metro, ranked. Free.
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