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Salinas city, CA

ZIP 93906 — Housing & Real Estate

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

Middle ClassLarge CommunityLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 93906

Median Home Value
$595,200
Median Rent
$1,977
Affordability Snapshot
$164,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$3,823/mo PITI).

25%
Rent-to-Income Ratio

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

6.2x
Home Price-to-Income Ratio

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

25.1 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 93906 in Salinas city, CA, a household would need roughly $164,000 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 $3,823. That is about 71% above the local median household income ($96,044), 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
54.4%-17% vs US avg
x
Vacancy Rate
2.5%-75% vs US avg
x
Broadband Access
93.7%+8% vs US avg
x
4+ Bedrooms
4.6%-69% vs US avg
x
Built Pre-1939
3.5%-72% vs US avg
x
Built Post-2014
0.1%-99% vs US avg
x
Rent Burden >30%
23.6%-53% vs US avg
x
Mortgage-Free
35.6%-7% vs US avg
x
$595,200
Home Value
$1,977
Rent
1981
Year Built
2012
Moved In

Residents have lived here since ~2012 on average

Housing Structure

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

  • 1-unit detached59.5%
  • 1-unit attached4.3%
  • 2-9 units13.4%
  • 10+ units17.0%
  • Mobile home & other5.9%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$595,200
Median rent$1,977
Owner-occupied54.4%
Vacant2.5%
Price-to-income6.2x
Est. income to buy$164,000