HousingHandbookReference data

U.S. ZIP Code · CA93905

Monterey County · Salinas, CA

Typical home value

$667,697[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-1.4%
5-year / yr
+4.2%
10-year / yr
+6.3%

Relative price

vs U.S.
+135.0%
vs metro
-19.3%
vs state
-4.7%
ZIP 93905 location in CA
Location of ZIP 93905 in CA

Price history

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

The typical home in 93905 is worth $667,697 — 19.3% below the Salinas, CA median. Over the past year, values have fallen 1.4%. Homes here rent for a typical $2,600 a month — a 4.7% gross rental yield. The effective property tax rate is 0.7%.

#Rent & investment

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

Monthly rent
$2,600[2]
Gross yield
4.7%[2]
Cap rate
2.8%[2]

#Property tax

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

Effective tax rate
0.7%[3]
Typical annual tax
$4,962[3]

#Climate risk

FEMA National Risk Index ratings for Monterey 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 Moderate
Hurricane
Not Applicable
Tornado
Relatively Low
Earthquake
Relatively High
Winter weather
Very Low

#Who lives here

Population
63,898[3]
Median household income
$80,126[3]

#Migration

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

Net migration
-2,414[5]
Moved in
6,935
Moved out
9,349

Schools

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

Public schools
16
Elementary
12
Middle
2
High
2
  • Alisal High

    High · Grades 9–12 · Salinas Union High

    2,791 students

  • La Paz Middle

    Middle · Grades 7–8 · Salinas Union High

    1,160 students

  • El Sausal Middle

    Middle · Grades 7–8 · Salinas Union High

    1,051 students

  • Sherwood Elementary

    Elementary · Grades K–6 · Salinas City Elementary

    889 students

  • Monte Bella Elementary

    Elementary · Grades K–6 · Alisal Union

    807 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.

Gross yield4.7%
Net yield (after ~40% expenses)2.8%
Annual rent$31,200

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.

Monthly payment$3,376
Loan principal$534,158
Down payment$133,539
Total interest paid$681,289

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.

Own : rent ratio1.67
Monthly cost to own$4,344
Monthly rent$2,600

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
63rd percentile[1]
Rental yield
100th percentile[2]
Property tax
92nd percentile[3]

Frequently asked

How much is a home worth in ZIP code 93905?
The typical home in 93905 is worth $667,697, based on the Zillow Home Value Index.
Are home values rising in 93905?
Home values in 93905 are down 1.4% over the past year, and up 4.2% a year over five years.
What is the typical rent in 93905?
A typical home in 93905 rents for about $2,600 a month, a gross rental yield of 4.7%.
What is the property tax rate in 93905?
The effective property tax rate in 93905 is 0.7% — roughly $4,962 a year on a typical home.
Who lives in 93905?
ZIP code 93905 has a population of 63,898 and a median household income of $80,126.

#Comparable ZIPs

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

  • Oak Shores CDP, CA

    Typical home
    $652,909
    Gross yield
  • Elkhorn CDP, CA

    Typical home
    $688,480
    Gross yield
  • Gonzales, CA

    Typical home
    $636,640
    Gross yield
  • Soledad, CA

    Typical home
    $635,307
    Gross yield
  • San Miguel CDP, CA

    Typical home
    $623,592
    Gross yield
  • Salinas, CA

    Typical home
    $712,532
    Gross yield
    4.3%

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