Salinas, CA · California

Monterey County

ZIP 93901

435,834 residents825 permits TTM$94,486 median HHI31 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$723,100

ACS 5-Year

Cap rate proxy

3.3%

FMR × 0.65 ÷ Home Value

Rent-to-income

25.3%

HUD FMR ÷ ACS HHI

Net migration

+1.26%

IRS SOI

Permits (TTM)

825

Census BPS

Climate risk

98.7

FEMA NRI (0–100)

ZIP 93901

Median home value

Gross yield

Cap rate

3.9%

Rent gap

Affordability

P/I: 8.1R/I: 31.6%

Section 8 detail

SAFMR: Rent: Gap:
ZIP code breakdown31 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldCap rateRent gap
939304.6%
939274.5%
934513.9%
939603.9%
939263.9%

Ranked by composite score

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Demographics

Owner-occupied

52.3%

Census ACS

Vacancy rate

8.7%

Census ACS

Bachelor's degree +

27.9%

Census ACS

Rent burdened

53.5%

Census ACS (>30% income)

Median age

35.3

Census ACS

Data sources
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026