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Rental Insights for ZIP Code 90272 (Pacific Palisades, CA)

Housing Rentals in ZIP Code 90272 (Pacific Palisades, CA)

90272 ZIP Code in California

An In-depth Dive Into Housing Rentals in ZIP Code 90272

The 90272 ZIP Code is primarily located in Pacific Palisades, CA in Los Angeles County. The median housing rent in this California region is estimated at $2,537 per month. About 20.9% of housing units in this Los Angeles County ZIP Code are renter-occupied, and the region has an approximate rental vacancy rate of 6.4%.

The median rent in ZIP Code 90272 of $2,537 per month is 69% higher than the aggregate California median monthly rent of $1,503, and is 139% higher than the $1,062 the median monthly rent in the U.S. overall. An estimated 39.1% of residents in ZIP Code 90272 have a monthly rent payment $3,000 or more. That is 484% higher than in California overall, in which 6.7% of total state residents pay $3,000 or more per month for housing. Just 6.5% of renters in this Pacific Palisades, CA region pay between $500 and $999 for monthly rent.

ZIP Code 90272 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 90272

See the chart below for a comparison of monthly rental costs in ZIP Code 90272, California, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 90272 along with those in the state of California and the U.S. overall. For example, what percentage of renters pay between $1,000 and $1,499 monthly.

Rental Cost in ZIP Code 90272

See the table below for the regional comparison of monthly rental costs.

Cost ZIP 90272 California U.S.
Less than $500 0.0% 4.9% 9.4%
$500 to $999 6.5% 16.5% 36.2%
$1,000 to $1,499 6.6% 28.6% 30.0%
$1,500 to $1,999 24.1% 23.2% 14.0%
$2,000 to $2,499 11.9% 13.4% 5.6%
$2,500 to $2,999 11.8% 6.9% 2.4%
$3,000 or more 39.1% 6.7% 2.4%

Rent Cost vs. Income in ZIP Code 90272

Renters in ZIP Code 90272 use an estimated 25.95% of their income to cover their monthly rent payments. That is about 17% lower than in California overall. The estimate for California overall is 31.23% of income used for housing rent payments. In comparison to the U.S. as a whole, ZIP Code 90272 renters use about 13% less of their income to cover rent expense. Household income figures for ZIP Code 90272 come in higher than in California as a whole. The median annual household income in ZIP Code 90272 of $192,500 sits approximately 156% higher than the overall California median income of $75,235 and approximately 206% higher than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 90272

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 90272, California, and also in the U.S. as a whole.

This chart visualizes monthly rent cost as a percentage of household income in ZIP Code 90272 along with the same calculations in the state of California and the U.S. overall. For example, what percentage of renters pay 15.0 to 19.9 percent of the monthly household income toward rent.

Rent as a Percentage of Income in ZIP Code 90272

See the table below for the regional comparison of monthly rent as a percentage of household income.

Rent Cost as % of Income ZIP 90272 California U.S.
Less than 15.0 percent 31.7% 10.3% 13.1%
15.0 to 19.9 percent 8.9% 11.2% 12.9%
20.0 to 24.9 percent 12.1% 12.2% 12.9%
25.0 to 29.9 percent 6.0% 11.5% 11.6%
30.0 to 34.9 percent 7.5% 9.6% 9.1%
35.0 percent or more 33.9% 45.2% 40.5%

Household Income in ZIP Code 90272

See the table below for the regional comparison of annual household income in ZIP Code 90272.

Income ZIP 90272 California U.S.
Less than $10,000 4.5% 4.8% 6.0%
$10,000 to $14,999 1.4% 4.1% 4.3%
$15,000 to $24,999 2.9% 7.5% 8.9%
$25,000 to $34,999 3.5% 7.5% 8.9%
$35,000 to $49,999 3.2% 10.5% 12.3%
$50,000 to $74,999 6.0% 15.5% 17.2%
$75,000 to $99,999 8.1% 12.4% 12.7%
$100,000 to $149,999 13.8% 16.6% 15.1%
$150,000 to $199,999 8.6% 8.9% 6.8%
$200,000 or more 48.2% 12.2% 7.7%

Household Income in ZIP Code 90272

See the chart below for a comparison of annual household income figures in ZIP Code 90272, California, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 90272 alongside the same figures for the state of California and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 90272

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 90272.

ZIP 90272 California U.S.
Median Housing Rent $2,537 $1,503 $1,062
Renter-Occupied Housing Units 20.9% 45.2% 36.0%
Rental Vacancy Rate 6.4% 3.6% 6.0%
Average Size of Renter-Occupied Unit 2.23 2.88 2.49
Average # of Bedrooms Per Unit 3.31 2.63 2.75
Percent of Income Spent on Rent 25.95% 31.23% 29.83%
Per Capita Income $132,785 $36,955 $34,103
Median Household Income $325,745 $106,916 $88,607
Living Below the Poverty Line 2.3% 9.6% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 90272

In ZIP Code 90272 (Pacific Palisades, CA), and estimated 20.9% of housing units are occupied by renters. This region has an approximate rental vacany rate of 6.4%.

The per capita income in 90272 is estimated at $132,785, which goes along with an estimated median household income of $325,745. About 2.3% of residents in this Los Angeles County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 2.23 occupants, while the units have an aggregate average size of 3.31 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 25.95% of their income on housing rental costs.

Rental FAQs for ZIP Code 90272

1

What is the median monthly rent in ZIP Code 90272?

Median rent for housing in ZIP Code 90272 in Los Angeles County in California is approximately $2,537 per month.
2

Is it expensive to rent in ZIP Code 90272?

Rent in ZIP Code 90272 is higher than average in the state of California overall. The median monthly rent of $2,537 in ZIP Code 90272 is approximately 69% higher than the California median of $1,503. Additionally, median rent in this Pacific Palisades, CA region ($2,537) is about 139% higher than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 90272?

High-priced rentals are more common in ZIP Code 90272 than in California overall. The percentage of rentals in ZIP Code 90272 that cost $3,000 or more per month (39.1%) is about 484% higher than the California rate of 6.7% that cost that much. Additionally, the overall U.S. rate of 2.4% paying $3,000 or more per month is about 1529% lower than the aforementioned 90272 rate of 39.1%.
4

Are affordable rentals common in ZIP Code 90272?

Affordable rentals are less common in ZIP Code 90272 than in California overall. The percentage of housing rentals in ZIP Code 90272 costing $999 or less per month (6.5%) is approximately 70% lower than the California rate of 21.4% that fall in that range. In addition, the aggregate U.S. rate of 45.6% paying $999 or less per month is about 86% higher than the previously mentioned 90272 rate of 6.5%.
5

What is the most common cost range that rentals fall into in ZIP Code 90272?

The most common range for rental cost in ZIP Code 90272 is $3,000 or more per month. About 39.1% of renters in 90272 pay in this range for monthly rent. In comparison, approximately 6.7% of renters in the state of California fall in the $3,000 or more range, and 2.4% of overall U.S. renters fall in this range.
6

Does ZIP Code 90272 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 90272 is higher than the rental vacancy rate in the state of California overall. Rental vacancy of 6.4% in ZIP Code 90272 is about 78% higher than the California rate of 3.6%. Looking more broadly, rental vacancy in this Pacific Palisades, CA region (6.4%) is an estimated 7% higher than the estimated rental vacancy rate of 6.0% in the U.S. overall.
7

What is the average household income in ZIP Code 90272? How does it compare to other California regions?

Median household income in ZIP Code 90272 is higher than in the state of California overall. Annual household income of $192,500 in ZIP Code 90272 is about 156% higher than the California median of $75,235. Additionally, median household income in this Pacific Palisades, CA region ($192,500) is approximately 206% higher than median household income of $62,843 in the U.S. as a whole.
8

How much of their income do renters in ZIP Code 90272 spend on housing costs?

Renters in ZIP Code 90272 spend a lower amount of their income on rent costs than do renters in California overall. Renters in ZIP Code 90272 spend an estimated 25.95% of their income on rent payments, which is about 17% lower than the overall California estimated rate of 31.23%. In addition, the aggregate U.S. estimated rate of 29.83% of income spent on housing rental costs is about 13% higher than the ZIP Code 90272 estimated rate of 25.95%.
9

Do renters in ZIP Code 90272 typically spend a large portion of their income on rent payments?

It is uncommon for renters in ZIP Code 90272 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 90272 spending 30 percent or more of their income on rent costs (41.4%) is approximately 24% lower than the California rate of 54.8% that spend that much. In addition, the overall U.S. rate of 49.6% paying 30 percent or more of their income on rent costs is about 17% higher than the aforementioned 90272 rate of 41.4%.
10

What is the average household size of renter-occupied units in ZIP Code 90272?

The average household size of renter-occupied units in ZIP Code 90272 is lower than in the state of California overall. Annual household size of 2.23 in ZIP Code 90272 is about 23% lower than the California median of 2.88. Additionally, median household size in this Pacific Palisades, CA region (2.23) is approximately 10% lower than median household size of 2.49 in the U.S. as a whole.

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