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

Santa Maria, CA has a median modeled monthly cash flow of $-1,491 and a median cap rate of 3.4%, on a median sold price of $620,000. Prices changed +5.9% year over year.

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

The median cap rate across recently sold homes in Santa Maria, CA is 3.4%, based on CashFlowRE's rent and expense modeling.

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

The median sold price in Santa Maria, CA is $620,000 (about $386 per square foot).

Investing in Santa Maria, CA Real Estate

A data-driven snapshot of the Santa Maria, 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.

$620,000Median sold price

$386Median $/sqft

3.4%Median cap rate

$-1,491Modeled cash flow / mo

+5.9%Appreciation YoY

7.6Months of supply

298Active listings

473Sold (last 12 mo)

What the Santa Maria numbers say

In Santa Maria, CA, the median home sold for $620,000 (about $386 per square foot), and the typical deal models out to a 3.4% cap rate with a median $-1,491 of monthly cash flow. Sold prices moved +5.9% over the past year. Inventory sits at about 7.6 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 Maria cash-flowing listings

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