# House Hacking in Rohnert Park (94928): SMART TOD plus university rental demand · The Rent Hacker > Rohnert Park 94928 for house hackers: A rare Sonoma combination: an operating SMART TOD node plus Sonoma State University-anchored rental demand, at a moderat Canonical: https://therenthacker.com/house-hacking/rohnert-park-94928/ Source: The Rent Hacker (https://therenthacker.com/). License: RSL, attribution required — https://therenthacker.com/license.xml --- [North Bay guide](/house-hacking/north-bay/) · Tier S · Rank #3 of 30 # House hacking in Rohnert Park (Citywide, SMART + SSU). A rare Sonoma combination: an operating SMART TOD node plus Sonoma State University-anchored rental demand, at a moderate price band. ## What's actually happening in 94928 - Under construction SOMO Village: 200 acres, 1,750 units plus 823,000 sf commercial; first phase under construction (Century Communities). [SOMO Village / City of Rohnert Park](https://somovillage.com/) - Active build-out University District Specific Plan: ~300 acres, 1,665 units in active multi-phase build-out (amended 2024, hundreds of units under construction). City of Rohnert Park Specific Plans - Stale: re-verify Central Rohnert Park PDA / Station Avenue Central: ~460 units plus hotel on the former State Farm campus by the SMART station. Latest confirmed milestone is a 2018 EIR consistency review; status stale, re-verify before relying on it. City of Rohnert Park PDA - Operational + adopted SMART Rohnert Park station in-ZIP plus Sonoma State (~5,000 enrolled) adjacent; Ordinance 991 (Jan 2026) implements Transit-Oriented Communities density near the station. City of Rohnert Park / SMART ## The numbers Median price ~$700–815K (Sonoma proxy) Market rent ~$2,400–2,600/mo (Sonoma proxy; confirm per parcel) Property tax (Sonoma County) 1.17% median effective (new-buyer ~1.15–1.30%) Per-bed rent band $1,000–1,250/mo per bed ADU rent band $1,850–2,200/mo Whole-home rent band $2,900–3,500/mo whole-home Underwriting vacancy 4% underwriting vacancy Appreciation scenarios 2.0 / 3.0 / 4.5 %/yr (conservative / base / upside) Valley floor. Appreciation basis: SOMO and University District under construction, SSU demand, operating SMART. Rent bands are city-level medians; confirm the specific parcel before trusting any of them. [Run your own scenario in the calculator](/calculator/). ## Buildings we underwrote in 94928 1 building in 94928 carry a record. 0 beat renting and index funds; the rest did not. Every row links to its own page, with the numbers it was scored on. Property At our defaults Status [1368 Southwest Blvd](/property/rh-dkcsui/1368-southwest-blvd/) 3 units · $950,000 −$341,413 S&P 500 Underwritten — the index wins at our defaults The full [board](/board/) shows every region's current week; this table is every record we hold for 94928, newest basis first. ## The house-hack angle Student and staff room-by-room off SSU; ADUs under Ordinance 972 (no minimum lot size); small multifamily near the SMART station under the new TOC ordinance. ## What breaks it - SSU enrollment softness would hit student rental demand directly - Station Avenue Central status is stale (2018 milestone): re-verify - Graton Casino labor is a metro-level draw ~10 miles out, not an in-ZIP anchor This page is the standing analysis. The weekly part, actual Rohnert Park-area listings that pass the math, lands on the North Bay board every Monday. [This week's North Bay board](/board/sf-north-bay/) [This week's North Bay board](/board/sf-north-bay/) · [Read past North Bay issues](/issues/sf-north-bay/) · [Every pick, on the record](/track-record/) · [How a deal becomes a pick](/methodology/) Data synthesized 2026-07-06, catalysts re-verified 2026-07-13. Mortgage-rate basis: 6.43% (Freddie Mac PMMS, week of 2026-07-02). Sources are the public planning documents and market listings named above, fetched on the synthesis date. Nothing here is investment advice; every deal needs a bindable insurance quote and parcel-level verification.