US5.com
  1. Home
  2. States
  3. California
  4. ZIP 93401
  5. Housing & Real Estate
San Luis Obispo city, CA

ZIP 93401 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 93401

Median Home Value
$943,500
Median Rent
$1,755
Affordability Snapshot
$260,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$6,061/mo PITI).

22%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

9.9x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

44.8 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 93401 in San Luis Obispo city, CA, a household would need roughly $260,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $6,061. That is about 173% above the local median household income ($95,386), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Diverse housing tenure.

Heating Fuel
Housing Metrics
Owner Occupied
47.4%-28% vs US avg
x
Vacancy Rate
6.3%-39% vs US avg
x
Broadband Access
92.5%+6% vs US avg
x
4+ Bedrooms
2.0%-87% vs US avg
x
Built Pre-1939
5.5%-57% vs US avg
x
Built Post-2014
2.3%-67% vs US avg
x
Rent Burden >30%
29.3%-41% vs US avg
x
Mortgage-Free
38.8%+2% vs US avg
x
$943,500
Home Value
$1,755
Rent
1978
Year Built
2016
Moved In

Residents have lived here since ~2016 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached50.1%
  • 1-unit attached8.6%
  • 2-9 units20.1%
  • 10+ units14.5%
  • Mobile home & other6.8%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$943,500
Median rent$1,755
Owner-occupied47.4%
Vacant6.3%
Price-to-income9.9x
Est. income to buy$260,000