Is Santa Cruz, CA a good place to invest in rental property?

Santa Cruz, CA has a median modeled monthly cash flow of $-4,893 and a median cap rate of 1.6%, on a median sold price of $1,352,000. Prices changed -1.2% year over year.

What is the average cap rate in Santa Cruz, CA?

The median cap rate across recently sold homes in Santa Cruz, CA is 1.6%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Santa Cruz, CA?

The median sold price in Santa Cruz, CA is $1,352,000 (about $856 per square foot).

Investing in Santa Cruz, CA Real Estate

A data-driven snapshot of the Santa Cruz, 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.

$1,352,000Median sold price

$856Median $/sqft

1.6%Median cap rate

$-4,893Modeled cash flow / mo

-1.2%Appreciation YoY

11.1Months of supply

328Active listings

356Sold (last 12 mo)

What the Santa Cruz numbers say

In Santa Cruz, CA, the median home sold for $1,352,000 (about $856 per square foot), and the typical deal models out to a 1.6% cap rate with a median $-4,893 of monthly cash flow. Sold prices moved -1.2% over the past year. Inventory sits at about 11.1 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 Santa Cruz cash-flowing listings

CashFlowRE ranks every for-sale home in Santa Cruz, 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 Santa Cruz deals, or browse the national market data.