ZIP Code · CA

ZIP 93433

Pop. 12,600·San Luis Obispo County·528th most expensive ZIP in California
Median rent (all units)
$2,672/mo
Year-over-Year
+2.4%
Month-over-Month
+1.1%
vs US Median
+$740
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 93433 · $2,672
More expensive than 84% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,720
1 BR
$1,910
2 BR
$2,500
3 BR
$3,350
4 BR+
$3,840
Research median
$2,500/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: October 17, 2026

From the history

What the numbers show

Past year vs. the rest of California

Rent in ZIP 93433 changed +2.4% over the year to September 2026. Across the 819 California ZIP codes Zillow tracks, the typical change was +3.2%.

What a typical income covers

30% of the median household income ($86,458) is $2,161 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($1,910); a 2-bedroom is $2,500.

From Zillow's monthly rent index (ZORI) for ZIP 93433. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$32,064/yr
At $2,672/mo median
Location
StateCA
CountySan Luis Obispo County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (2.4% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+2.4% YoY, +1.1% MoM), not inventory.
Demographics

Who lives here

ZIP 93433 (Grover Beach, CA) is roughly split between renters and owners, 28.7% of residents hold a bachelor's degree or higher.

Population
12,600
Median income
$86,458
Median age
40.5
Renters
49.5%
Age distribution
19.2%
21.3%
29.2%
12.5%
17.8%
Under 1819.2%
18–3421.3%
35–5429.2%
55–6412.5%
65+17.8%
Gender
51.4%
48.6%
Male51.4%
Female48.6%
Race & ethnicity
62.4%
38.1%
White62.4%
Black1.4%
Hispanic38.1%
Asian2.9%
Education (25+)
16.3%
28%
27%
28.7%
No HS diploma16.3%
HS diploma28%
Some college27%
Bachelor's+28.7%
Housing tenure
50.5%
49.5%
Owner50.5%
Renter49.5%

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

2021 vs 2026

How ZIP 93433 in Grover Beach, CA has changed in 5 years

Income
$77,637 → $86,458
up 11.4%
Population
12,846 → 12,600
down 1.9%
Renter share
46% → 49.5%
+3.5 pts
Bachelor's+
33.7% → 28.7%
-5.0 pts
Median age
39.8 → 40.5
+0.7 yrs

Household income in the area moved from $77,637 to $86,458 across the same window, up 11.4% versus 2021. Headcount in the area went from 12,846 to 12,600 between 2021 and 2024, a 1.9% change. About 49.5% of households rent today, against 46% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher slipped from 33.7% to 28.7%.

Community

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Local insights

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About renting in ZIP 93433

Last updated: October 17, 2026

ZIP code 93433 covers Grover Beach, CA. The median rent here is $2,672/mo as of October 2026. A 1-bedroom rents for a median of $1,910/mo. A 2-bedroom rents for a median of $2,500/mo.

At 37% of local median household income ($86,458/yr), ZIP 93433 ranks as moderate compared to the national benchmark of 30%. Rents have increased 2.4% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 93433?

To keep rent at or below 30% of gross income, you would need to earn at least $107,000/year (about $51/hour full-time) to afford the median rent of $2,672/mo in ZIP 93433. The local median household income is $86,458/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 93433?

Rent in ZIP 93433 has risen 2.4% over the past year.

How does ZIP 93433 compare to other ZIPs in California?

ZIP 93433 is in the middle among California ZIP codes for rent, ranking #528 of 898 at $2,672/mo. Over the year to September 2026, rent in ZIP 93433 changed +2.4%, against a typical +3.2% across the 819 California ZIP codes Zillow tracks.

How does ZIP 93433 compare to the rest of Grover Beach?

ZIP 93433 sits right at the Grover Beach citywide median of $2,672/mo.
Income Affordability
37%
MODERATE

At $2,672/mo, rent takes ~37% of ZIP 93433's median household income ($86,458/yr). The standard benchmark is 30%.

ZIP 93433 37%Benchmark 30%
State income tax1–13.3%
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Public schools near ZIP 93433 (Grover Beach, CA)

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