How much is a home worth in ZIP code 93420?

The typical home in 93420 is worth $1,043,167, based on the Zillow Home Value Index.

Are home values rising in 93420?

Home values in 93420 are down 0.5% over the past year, and up 5.4% a year over five years.

What is the typical rent in 93420?

A typical home in 93420 rents for about $2,886 a month, a gross rental yield of 3.3%.

What is the property tax rate in 93420?

The effective property tax rate in 93420 is 0.6% — roughly $5,993 a year on a typical home.

ZIP code 93420 has a population of 31,345 and a median household income of $110,553.

HousingHandbookReference data

…

U.S. ZIP Code · CA93420

San Luis Obispo County · San Luis Obispo-Paso Robles, CA

Typical home value

$1,043,167^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -0.5%
5-year / yr: +5.4%
10-year / yr: +5.4%

Relative price

vs U.S.: +267.2%
vs metro: +8.9%
vs state: +48.9%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 93420 is worth $1,043,167 — 8.9% above the San Luis Obispo-Paso Robles, CA median. Over the past year, values have fallen 0.5%. Homes here rent for a typical $2,886 a month — a 3.3% gross rental yield. The effective property tax rate is 0.6%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $2,886^[2]
Gross yield: 3.3%^[2]
Cap rate: 2.0%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 0.6%^[3]
Typical annual tax: $5,993^[3]

#Climate risk

FEMA National Risk Index ratings for San Luis Obispo County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively High^[4]
Riverine flood: Relatively High
Coastal flood: Relatively Low
Wildfire: Relatively High
Drought: Very High
Heat wave: Relatively Low
Hurricane: Not Applicable
Tornado: Very Low
Earthquake: Relatively Moderate
Winter weather: Very Low

#Who lives here

Population: 31,345^[3]
Median household income: $110,553^[3]

#Migration

Household moves in and out of San Luis Obispo County over a year, from IRS tax-return data.

Net migration: -127^[5]
Moved in: 6,452
Moved out: 6,579

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 8
Elementary: 3
Middle: 2
High: 2

Arroyo Grande High
High · Grades 9–12 · Lucia Mar Unified
1,976 students
Harloe Elementary
Elementary · Grades K–6 · Lucia Mar Unified
605 students
Paulding Middle
Middle · Grades 7–8 · Lucia Mar Unified
562 students
Ocean View Elementary
Elementary · Grades K–6 · Lucia Mar Unified
527 students
Mesa Middle
Middle · Grades 7–8 · Lucia Mar Unified
477 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield3.3%

Net yield (after ~40% expenses)2.0%

Annual rent$34,630

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$5,275

Loan principal$834,533

Down payment$208,633

Total interest paid$1,064,401

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio2.30

Monthly cost to own$6,640

Monthly rent$2,886

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 72nd percentile^[1]
Rental yield: 22nd percentile^[2]
Property tax: 22nd percentile^[3]

Frequently asked

How much is a home worth in ZIP code 93420?: The typical home in 93420 is worth $1,043,167, based on the Zillow Home Value Index.
Are home values rising in 93420?: Home values in 93420 are down 0.5% over the past year, and up 5.4% a year over five years.
What is the typical rent in 93420?: A typical home in 93420 rents for about $2,886 a month, a gross rental yield of 3.3%.
What is the property tax rate in 93420?: The effective property tax rate in 93420 is 0.6% — roughly $5,993 a year on a typical home.
Who lives in 93420?: ZIP code 93420 has a population of 31,345 and a median household income of $110,553.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

93428 vs 93420 →
Cambria CDP, CA
Typical home
$1,008,754
Gross yield
—
93405 vs 93420 →
San Luis Obispo, CA
Typical home
$1,095,474
Gross yield
4.4%
93465
Templeton CDP, CA
Typical home
$989,502
Gross yield
—
93401
San Luis Obispo, CA
Typical home
$1,106,136
Gross yield
3.3%
93432
Creston CDP, CA
Typical home
$976,516
Gross yield
—
93449
Pismo Beach, CA
Typical home
$1,117,833
Gross yield
3.2%

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#Jump to section

U.S. ZIP Code · CA93420

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