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ZIP Code · CA

ZIP 93420

Pop. 31,345·San Luis Obispo County·342nd most expensive ZIP in California
Median rent (all units)
$3,025/mo
Year-over-Year
Stable
Month-over-Month
-2.9%
vs US Median
+$1,060
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 93420 · $3,025
More expensive than 90% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,860
1 BR
$2,060
2 BR
$2,700
3 BR
$3,620
4 BR+
$4,150
Research median
$2,700/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$36,300/yr
At $3,025/mo median
Location
StateCA
CountySan Luis Obispo County
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (down 0.0% YoY), so renters have negotiating leverage.
Based on rent-price momentum (+0.0% YoY, -2.9% MoM), not inventory.
Demographics

Who lives here

ZIP 93420 (Arroyo Grande, CA) is majority owner-occupied, has a large retiree population, has a median income above the national average, 44.1% of residents hold a bachelor's degree or higher.

Population
31,345
Median income
$110,553
Median age
48.2
Renters
33.6%
Age distribution
19.7%
16.3%
21.3%
14.3%
28.5%
Under 1819.7%
18–3416.3%
35–5421.3%
55–6414.3%
65+28.5%
Gender
47.2%
52.8%
Male47.2%
Female52.8%
Race & ethnicity
69.8%
21.3%
White69.8%
Black0.5%
Hispanic21.3%
Asian3.6%
Other4.8%
Education (25+)
16.8%
34.4%
44.1%
No HS diploma4.7%
HS diploma16.8%
Some college34.4%
Bachelor's+44.1%
Housing tenure
66.4%
33.6%
Owner66.4%
Renter33.6%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 93420 in Arroyo Grande, CA has changed in 5 years

Income
$94,315 → $110,553
up 17.2%
Population
31,864 → 31,345
down 1.6%
Renter share
29.8% → 33.6%
+3.8 pts
Bachelor's+
39.8% → 44.1%
+4.3 pts
Median age
47 → 48.2
+1.2 yrs

Household income in the area moved from $94,315 to $110,553 across the same window, up 17.2% versus 2021. Headcount in the area went from 31,864 to 31,345 between 2021 and 2024, a 1.6% change. About 33.6% of households rent today, against 29.8% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 39.8% to 44.1%.

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Local insights

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About renting in ZIP 93420

Last updated: July 20, 2026

ZIP code 93420 covers Arroyo Grande, CA. The median rent here is $3,025/mo as of July 2026. A 1-bedroom rents for a median of $2,060/mo. A 2-bedroom rents for a median of $2,700/mo.

At 33% of local median household income ($110,553/yr), ZIP 93420 ranks as moderate compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 93420?

As of July 20, 2026, the median monthly rent in ZIP 93420 (Arroyo Grande, CA) is $3,025. This is based on aggregated data from public sources and community submissions.

How does ZIP 93420 rent compare to the US average?

ZIP 93420's median rent of $3,025/mo is $1,060 (54%) above the US national median of $1,965/mo.

How does ZIP 93420 compare to other ZIPs in California?

ZIP 93420 falls in the middle range for California, ranking #342 out of 907 ZIPs at $3,025/mo.

How much income do you need to rent in ZIP 93420?

To keep rent at or below 30% of gross income, you would need to earn at least $121,000/year (~$58/hour full-time) to afford the median rent of $3,025/mo in ZIP 93420. The local median household income is $110,553/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 93420?

Rent in ZIP 93420 has been relatively stable over the past year, with a 0.0% change year over year as of July 20, 2026.

Is ZIP 93420 an affordable place to rent?

ZIP 93420 is considered moderate for renters. At $3,025/mo, rent takes approximately 33% of the local median household income ($110,553/yr). The standard benchmark is 30%. ZIP 93420 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 93420 residents rent vs. own?

According to Census data, approximately 33.6% of ZIP 93420 households are renters, while 66.4% are owner-occupied. ZIP 93420 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 93420 compare to the rest of Arroyo Grande?

ZIP 93420 is more affordable than Arroyo Grande overall. At $3,025/mo, it's $23 below the Arroyo Grande citywide median of $3,048/mo.

When was rent data for ZIP 93420 last updated?

Rent data for ZIP 93420 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
33%
MODERATE

At $3,025/mo, rent takes ~33% of ZIP 93420's median household income ($110,553/yr). The standard benchmark is 30%.

ZIP 93420 33%Benchmark 30%
State income tax1–13.3%
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