Is Paso Robles, CA a good place to invest in rental property?

Paso Robles, CA has a median modeled monthly cash flow of $-6,329 and a median cap rate of 0.8%, on a median sold price of $853,490. Prices changed +4.4% year over year.

What is the average cap rate in Paso Robles, CA?

The median cap rate across recently sold homes in Paso Robles, CA is 0.8%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Paso Robles, CA?

The median sold price in Paso Robles, CA is $853,490 (about $498 per square foot).

Investing in Paso Robles, CA Real Estate

A data-driven snapshot of the Paso Robles, CA rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$853,490Median sold price

$498Median $/sqft

0.8%Median cap rate

$-6,329Modeled cash flow / mo

+4.4%Appreciation YoY

7.7Months of supply

92Active listings

144Sold (last 12 mo)

What the Paso Robles numbers say

In Paso Robles, CA, the median home sold for $853,490 (about $498 per square foot), and the typical deal models out to a 0.8% cap rate with a median $-6,329 of monthly cash flow. Sold prices moved +4.4% over the past year. Inventory sits at about 7.7 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other California markets to compare

See Paso Robles cash-flowing listings

CashFlowRE ranks every for-sale home in Paso Robles, CA by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Paso Robles deals, or browse the national market data.