Is San Luis Obispo, CA a good place to invest in rental property?

San Luis Obispo, CA has a median modeled monthly cash flow of $-3,617 and a median cap rate of 2.0%, on a median sold price of $979,000. Prices changed -0.5% year over year.

What is the average cap rate in San Luis Obispo, CA?

The median cap rate across recently sold homes in San Luis Obispo, CA is 2.0%, based on CashFlowRE's rent and expense modeling.

What is the median home price in San Luis Obispo, CA?

The median sold price in San Luis Obispo, CA is $979,000 (about $606 per square foot).

Investing in San Luis Obispo, CA Real Estate

A data-driven snapshot of the San Luis Obispo, 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.

$979,000Median sold price

$606Median $/sqft

2.0%Median cap rate

$-3,617Modeled cash flow / mo

-0.5%Appreciation YoY

10.5Months of supply

444Active listings

509Sold (last 12 mo)

What the San Luis Obispo numbers say

In San Luis Obispo, CA, the median home sold for $979,000 (about $606 per square foot), and the typical deal models out to a 2.0% cap rate with a median $-3,617 of monthly cash flow. Sold prices moved -0.5% over the past year. Inventory sits at about 10.5 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 San Luis Obispo cash-flowing listings

CashFlowRE ranks every for-sale home in San Luis Obispo, 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 San Luis Obispo deals, or browse the national market data.