The Most Expensive ZIP Codes in San Luis Obispo
Ranked from observed Zillow data as of June 2026 — not a forecast. 19 ZIP codes in the San Luis Obispo-Paso Robles, CA area. See the San Luis Obispo forecast →
10 most expensive ZIP codes in San Luis Obispo are ringed on the map; all 29 ZIPs shown, colored by typical home value and sized by population. Hover any dot for its ZIP and value.
Which are the best ZIP codes to buy in San Luis Obispo?
There is no single answer, because "best" depends on what a buyer is optimizing for. The three tables below rank the same 19 ZIP codes three different ways: by typical home value, by how much prices have actually moved over the past year, and by how far a home's price stretches against observed rent. A ZIP code that leads one list rarely leads all three.
Most expensive — June 2026
Ranked by typical home value (Zillow ZHVI), highest first.
| # | ZIP | City | Population | Typical value | |
|---|---|---|---|---|---|
| 1 | 93424 | Avila Beach | 1.0K | $1,459,866 | |
| 2 | 93430 | Cayucos | 3.3K | $1,365,430 | |
| 3 | 93449 | Pismo Beach | 8.0K | $1,117,568 | |
| 4 | 93401 | San Luis Obispo | 30.0K | $1,101,876 | |
| 5 | 93405 | San Luis Obispo | 23.9K | $1,099,192 | |
| 6 | 93420 | Arroyo Grande | 32.0K | $1,048,112 | |
| 7 | 93428 | Cambria | 6.3K | $1,022,609 | |
| 8 | 93432 | Creston | 1.2K | $1,003,088 | |
| 9 | 93465 | Templeton | 10.2K | $991,794 | |
| 10 | 93442 | Morro Bay | 11.3K | $963,112 |
Fastest-appreciating — past 12 months
Ranked by observed price change over the trailing year, not a forecast.
| # | ZIP | City | Population | Typical value | 1-yr change |
|---|---|---|---|---|---|
| 1 | 93444 | Nipomo | 21.5K | $950,182 | +3.3% |
| 2 | 93445 | Oceano | 6.8K | $682,927 | +3% |
| 3 | 93405 | San Luis Obispo | 23.9K | $1,099,192 | +2.6% |
| 4 | 93449 | Pismo Beach | 8.0K | $1,117,568 | +2.6% |
| 5 | 93422 | Atascadero | 33.5K | $791,830 | +2.6% |
| 6 | 93402 | Los Osos | 15.1K | $879,223 | +2.1% |
| 7 | 93428 | Cambria | 6.3K | $1,022,609 | +1.5% |
| 8 | 93465 | Templeton | 10.2K | $991,794 | +1.5% |
| 9 | 93446 | Paso Robles | 45.9K | $778,765 | +1.4% |
| 10 | 93401 | San Luis Obispo | 30.0K | $1,101,876 | +1% |
Best rental value — past 12 months
Ranked by price-to-rent (typical value ÷ observed annual rent), lowest first — the ZIP codes where buying looks cheapest relative to renting.
| # | ZIP | City | Population | Typical value | Price ÷ annual rent |
|---|---|---|---|---|---|
| 1 | 93445 | Oceano | 6.8K | $682,927 | 21.1× |
| 2 | 93444 | Nipomo | 21.5K | $950,182 | 22.6× |
| 3 | 93465 | Templeton | 10.2K | $991,794 | 23.8× |
| 4 | 93446 | Paso Robles | 45.9K | $778,765 | 24.2× |
| 5 | 93433 | Grover Beach | 12.7K | $778,500 | 24.5× |
| 6 | 93402 | Los Osos | 15.1K | $879,223 | 25.7× |
| 7 | 93405 | San Luis Obispo | 23.9K | $1,099,192 | 25.8× |
| 8 | 93442 | Morro Bay | 11.3K | $963,112 | 26.5× |
| 9 | 93422 | Atascadero | 33.5K | $791,830 | 27.7× |
| 10 | 93449 | Pismo Beach | 8.0K | $1,117,568 | 28.4× |
Frequently asked questions
What is the most expensive ZIP code in the San Luis Obispo area?
93424 (Avila Beach), with a typical home value of $1,459,866 as of June 2026, the latest month Zillow has published.
Which are the best ZIP codes to buy in San Luis Obispo?
It depends on the goal. This page ranks three separately: the most expensive ZIP codes (highest typical value), the fastest-appreciating (largest observed price gain over the past year), and the best rental value (lowest price relative to observed rent). The three lists often name different ZIP codes.
Is this page showing forecasts?
No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasts, at the metro level, are on the linked metro forecast page.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.