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Rental Insights for ZIP Code 90731 (San Pedro, CA)

Housing Rentals in ZIP Code 90731 (San Pedro, CA)

90731 ZIP Code in California

An In-depth Dive Into Housing Rentals in ZIP Code 90731

The 90731 ZIP Code is primarily located in San Pedro, CA in Los Angeles County. The median housing rent in this California region is estimated at $1,330 per month. Approximately 67.8% of housing units in this Los Angeles County ZIP Code are occupied by renters, while the region has an estimated rental unit vacancy rate of 3.1%.

The median rent in ZIP Code 90731 of $1,330 per month is 12% lower than the aggregate California median monthly rent of $1,503, and is 25% higher than the $1,062 the median monthly rent in the U.S. overall. An estimated 34.4% of renters in ZIP Code 90731 pay between $1,000 and $1,499 per month for housing. That is 20% higher than in California overall, in which 28.6% of total state residents pay between $1,000 and $1,499 per month for housing. Only 1.2% of renters in this San Pedro, CA region pay $3,000 or more per month for rent.

ZIP Code 90731 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 90731

See the chart below for a comparison of monthly rental costs in ZIP Code 90731, California, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 90731 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 90731

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

Cost ZIP 90731 California U.S.
Less than $500 8.1% 4.9% 9.4%
$500 to $999 18.2% 16.5% 36.2%
$1,000 to $1,499 34.4% 28.6% 30.0%
$1,500 to $1,999 23.9% 23.2% 14.0%
$2,000 to $2,499 9.8% 13.4% 5.6%
$2,500 to $2,999 4.4% 6.9% 2.4%
$3,000 or more 1.2% 6.7% 2.4%

Rent Cost vs. Income in ZIP Code 90731

Renters in ZIP Code 90731 use an estimated 32.3% of their income to cover their monthly rent payments. That is about 3% higher 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 90731 renters use about 8% more of their income to cover rent expense. Household income figures for ZIP Code 90731 come in lower than in California as a whole. The median annual household income in ZIP Code 90731 of $53,456 sits approximately 29% lower than the overall California median income of $75,235 and approximately 15% lower than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 90731

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 90731, 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 90731 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 90731

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

Rent Cost as % of Income ZIP 90731 California U.S.
Less than 15.0 percent 10.5% 10.3% 13.1%
15.0 to 19.9 percent 9.8% 11.2% 12.9%
20.0 to 24.9 percent 10.4% 12.2% 12.9%
25.0 to 29.9 percent 9.8% 11.5% 11.6%
30.0 to 34.9 percent 7.9% 9.6% 9.1%
35.0 percent or more 51.6% 45.2% 40.5%

Household Income in ZIP Code 90731

See the table below for the regional comparison of annual household income in ZIP Code 90731.

Income ZIP 90731 California U.S.
Less than $10,000 6.9% 4.8% 6.0%
$10,000 to $14,999 5.5% 4.1% 4.3%
$15,000 to $24,999 10.7% 7.5% 8.9%
$25,000 to $34,999 10.0% 7.5% 8.9%
$35,000 to $49,999 13.8% 10.5% 12.3%
$50,000 to $74,999 15.9% 15.5% 17.2%
$75,000 to $99,999 10.3% 12.4% 12.7%
$100,000 to $149,999 13.8% 16.6% 15.1%
$150,000 to $199,999 6.2% 8.9% 6.8%
$200,000 or more 6.8% 12.2% 7.7%

Household Income in ZIP Code 90731

See the chart below for a comparison of annual household income figures in ZIP Code 90731, California, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 90731 alongside the same figures for the state of California and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 90731

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 90731.

ZIP 90731 California U.S.
Median Housing Rent $1,330 $1,503 $1,062
Renter-Occupied Housing Units 67.8% 45.2% 36.0%
Rental Vacancy Rate 3.1% 3.6% 6.0%
Average Size of Renter-Occupied Unit 2.55 2.88 2.49
Average # of Bedrooms Per Unit 2.01 2.63 2.75
Percent of Income Spent on Rent 32.3% 31.23% 29.83%
Per Capita Income $31,212 $36,955 $34,103
Median Household Income $79,645 $106,916 $88,607
Living Below the Poverty Line 14.3% 9.6% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 90731

In ZIP Code 90731 (San Pedro, CA), and estimated 67.8% of housing units are occupied by renters. This region has an approximate rental vacany rate of 3.1%.

The per capita income in 90731 is estimated at $31,212, which goes along with an estimated median household income of $79,645. About 14.3% of residents in this Los Angeles County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 2.55 occupants, while the units have an aggregate average size of 2.01 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 32.3% of their income on housing rental costs.

Rental FAQs for ZIP Code 90731

1

What is the median monthly rent in ZIP Code 90731?

Median rent for housing in ZIP Code 90731 in Los Angeles County in California is approximately $1,330 per month.
2

Is it expensive to rent in ZIP Code 90731?

Rent in ZIP Code 90731 is lower than average in the state of California overall. The median monthly rent of $1,330 in ZIP Code 90731 is approximately 12% lower than the California median of $1,503. Additionally, median rent in this San Pedro, CA region ($1,330) is about 25% higher than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 90731?

High-priced rentals are less common in ZIP Code 90731 than in California overall. The percentage of rentals in ZIP Code 90731 that cost $3,000 or more per month (1.2%) is about 82% lower 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 50% higher than the aforementioned 90731 rate of 1.2%.
4

Are affordable rentals common in ZIP Code 90731?

Affordable rentals are more common in ZIP Code 90731 than in California overall. The percentage of housing rentals in ZIP Code 90731 costing $999 or less per month (26.3%) is approximately 23% higher 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 42% higher than the previously mentioned 90731 rate of 26.3%.
5

What is the most common cost range that rentals fall into in ZIP Code 90731?

The most common range for rental cost in ZIP Code 90731 is between $1,000 and $1,499 per month. About 34.4% of renters in 90731 pay in this range for monthly rent. In comparison, approximately 28.6% of renters in the state of California fall in the between $1,000 and $1,499 range, and 30.0% of overall U.S. renters fall in this range.
6

Does ZIP Code 90731 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 90731 is lower than the rental vacancy rate in the state of California overall. Rental vacancy of 3.1% in ZIP Code 90731 is about 14% lower than the California rate of 3.6%. Looking more broadly, rental vacancy in this San Pedro, CA region (3.1%) is an estimated 48% lower than the estimated rental vacancy rate of 6.0% in the U.S. overall.
7

What is the average household income in ZIP Code 90731? How does it compare to other California regions?

Median household income in ZIP Code 90731 is lower than in the state of California overall. Annual household income of $53,456 in ZIP Code 90731 is about 29% lower than the California median of $75,235. Additionally, median household income in this San Pedro, CA region ($53,456) is approximately 15% lower 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 90731 spend on housing costs?

Renters in ZIP Code 90731 spend a higher amount of their income on rent costs than do renters in California overall. Renters in ZIP Code 90731 spend an estimated 32.3% of their income on rent payments, which is about 3% higher 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 8% lower than the ZIP Code 90731 estimated rate of 32.3%.
9

Do renters in ZIP Code 90731 typically spend a large portion of their income on rent payments?

It is common for renters in ZIP Code 90731 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 90731 spending 30 percent or more of their income on rent costs (59.5%) is approximately 9% higher 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 20% lower than the aforementioned 90731 rate of 59.5%.
10

What is the average household size of renter-occupied units in ZIP Code 90731?

The average household size of renter-occupied units in ZIP Code 90731 is lower than in the state of California overall. Annual household size of 2.55 in ZIP Code 90731 is about 11% lower than the California median of 2.88. Additionally, median household size in this San Pedro, CA region (2.55) is approximately 2% higher than median household size of 2.49 in the U.S. as a whole.

Rental Insights for other California ZIP Codes