How much is a home worth in ZIP code 93907?

The typical home in 93907 is worth $833,022, based on the Zillow Home Value Index.

Are home values rising in 93907?

Home values in 93907 are down 0.8% over the past year, and up 4.0% a year over five years.

What is the typical rent in 93907?

A typical home in 93907 rents for about $2,598 a month, a gross rental yield of 3.7%.

What is the property tax rate in 93907?

The effective property tax rate in 93907 is 0.7% — roughly $5,771 a year on a typical home.

ZIP code 93907 has a population of 25,146 and a median household income of $104,942.

HousingHandbookReference data

…

U.S. ZIP Code · CA93907

Monterey County · Salinas, CA

Typical home value

$833,022^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -0.8%
5-year / yr: +4.0%
10-year / yr: +6.1%

Relative price

vs U.S.: +193.2%
vs metro: ≈ metro median
vs state: +18.9%

Price history

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

The typical home in 93907 is worth $833,022. Over the past year, values have fallen 0.8%. Homes here rent for a typical $2,598 a month — a 3.7% 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: $2,598^[2]
Gross yield: 3.7%^[2]
Cap rate: 2.2%^[2]

#Property tax

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

Effective tax rate: 0.7%^[3]
Typical annual tax: $5,771^[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: 25,146^[3]
Median household income: $104,942^[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: 9
Elementary: 7
Middle: 0
High: 1

Prunedale Elementary
Elementary · Grades K–6 · North Monterey County Unified
642 students
Boronda Meadows
Elementary · Grades K–6 · Salinas City Elementary
600 students
Echo Valley Elementary
Elementary · Grades K–6 · North Monterey County Unified
528 students
Laurel Wood Elementary
Elementary · Grades K–6 · Salinas City Elementary
405 students
Boronda Elementary
Elementary · Grades K–6 · Salinas City Elementary
272 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 yield3.7%

Net yield (after ~40% expenses)2.2%

Annual rent$31,180

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$4,212

Loan principal$666,417

Down payment$166,604

Total interest paid$849,979

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 ratio2.07

Monthly cost to own$5,385

Monthly rent$2,598

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: 50th percentile^[1]
Rental yield: 43rd percentile^[2]
Property tax: 63rd percentile^[3]

Frequently asked

How much is a home worth in ZIP code 93907?: The typical home in 93907 is worth $833,022, based on the Zillow Home Value Index.
Are home values rising in 93907?: Home values in 93907 are down 0.8% over the past year, and up 4.0% a year over five years.
What is the typical rent in 93907?: A typical home in 93907 rents for about $2,598 a month, a gross rental yield of 3.7%.
What is the property tax rate in 93907?: The effective property tax rate in 93907 is 0.7% — roughly $5,771 a year on a typical home.
Who lives in 93907?: ZIP code 93907 has a population of 25,146 and a median household income of $104,942.

#Comparable ZIPs

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

93932 vs 93907 →
Lockwood CDP, CA
Typical home
$827,127
Gross yield
—
93962 vs 93907 →
Spreckels CDP, CA
Typical home
$859,461
Gross yield
—
93955
Seaside, CA
Typical home
$800,567
Gross yield
4.2%
93933
Marina, CA
Typical home
$878,268
Gross yield
4.7%
93901
Salinas, CA
Typical home
$781,195
Gross yield
3.5%
93925
Chualar CDP, CA
Typical home
$713,897
Gross yield
—

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#Jump to section

U.S. ZIP Code · CA93907

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