Renters Local

Rental Insights for ZIP Code 92548 (Homeland, CA)

Housing Rentals in ZIP Code 92548 (Homeland, CA)

92548 ZIP Code in California

An In-depth Dive Into Housing Rentals in ZIP Code 92548

The 92548 ZIP Code is primarily located in Homeland, CA in Riverside County. This California region has a median housing rent payment of $1,096 per month. About 36.6% of total housing units in this Riverside County ZIP Code are occupied by renters, while the estimated rental vacancy rate is zero.

The median rent in ZIP Code 92548 of $1,096 per month is 27% lower than the aggregate California median monthly rent of $1,503, and is 3% higher than the $1,062 the median monthly rent in the U.S. overall. About 54.9% of residents in ZIP Code 92548 pay between $1,000 and $1,499 per month for rent. That is 92% higher than in California overall, in which 28.6% of total state residents pay between $1,000 and $1,499 per month for housing. Just 1.2% of ZIP Code 92548 renters pay less than $500 for monthly rent.

ZIP Code 92548 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 92548

See the chart below for a comparison of monthly rental costs in ZIP Code 92548, California, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 92548 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 92548

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

Cost ZIP 92548 California U.S.
Less than $500 1.2% 4.9% 9.4%
$500 to $999 37.3% 16.5% 36.2%
$1,000 to $1,499 54.9% 28.6% 30.0%
$1,500 to $1,999 6.6% 23.2% 14.0%
$2,000 to $2,499 0.0% 13.4% 5.6%
$2,500 to $2,999 0.0% 6.9% 2.4%
$3,000 or more 0.0% 6.7% 2.4%

Rent Cost vs. Income in ZIP Code 92548

Renters in ZIP Code 92548 use an estimated 30.82% of their income to cover their monthly rent payments. That is about 1% 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 92548 renters use about 3% more of their income to cover rent expense. Household income figures for ZIP Code 92548 come in lower than in California as a whole. The median annual household income in ZIP Code 92548 of $50,464 sits approximately 33% lower than the overall California median income of $75,235 and approximately 20% lower than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 92548

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 92548, 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 92548 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 92548

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

Rent Cost as % of Income ZIP 92548 California U.S.
Less than 15.0 percent 16.6% 10.3% 13.1%
15.0 to 19.9 percent 5.9% 11.2% 12.9%
20.0 to 24.9 percent 13.3% 12.2% 12.9%
25.0 to 29.9 percent 12.9% 11.5% 11.6%
30.0 to 34.9 percent 1.7% 9.6% 9.1%
35.0 percent or more 49.5% 45.2% 40.5%

Household Income in ZIP Code 92548

See the table below for the regional comparison of annual household income in ZIP Code 92548.

Income ZIP 92548 California U.S.
Less than $10,000 2.8% 4.8% 6.0%
$10,000 to $14,999 8.5% 4.1% 4.3%
$15,000 to $24,999 12.5% 7.5% 8.9%
$25,000 to $34,999 10.3% 7.5% 8.9%
$35,000 to $49,999 15.3% 10.5% 12.3%
$50,000 to $74,999 25.4% 15.5% 17.2%
$75,000 to $99,999 11.2% 12.4% 12.7%
$100,000 to $149,999 7.0% 16.6% 15.1%
$150,000 to $199,999 3.6% 8.9% 6.8%
$200,000 or more 3.4% 12.2% 7.7%

Household Income in ZIP Code 92548

See the chart below for a comparison of annual household income figures in ZIP Code 92548, California, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 92548 alongside the same figures for the state of California and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 92548

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 92548.

ZIP 92548 California U.S.
Median Housing Rent $1,096 $1,503 $1,062
Renter-Occupied Housing Units 36.6% 45.2% 36.0%
Rental Vacancy Rate 0.0% 3.6% 6.0%
Average Size of Renter-Occupied Unit 3.44 2.88 2.49
Average # of Bedrooms Per Unit 2.7 2.63 2.75
Percent of Income Spent on Rent 30.82% 31.23% 29.83%
Per Capita Income $19,535 $36,955 $34,103
Median Household Income $61,288 $106,916 $88,607
Living Below the Poverty Line 12.8% 9.6% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 92548

In ZIP Code 92548 (Homeland, CA), and estimated 36.6% of housing units are occupied by renters. This region has an approximate rental vacany rate of 0.0%.

The per capita income in 92548 is estimated at $19,535, which goes along with an estimated median household income of $61,288. About 12.8% of residents in this Riverside County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 3.44 occupants, while the units have an aggregate average size of 2.7 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 30.82% of their income on housing rental costs.

Rental FAQs for ZIP Code 92548

1

What is the median monthly rent in ZIP Code 92548?

Median rent for housing in ZIP Code 92548 in Riverside County in California is approximately $1,096 per month.
2

Is it expensive to rent in ZIP Code 92548?

Rent in ZIP Code 92548 is lower than average in the state of California overall. The median monthly rent of $1,096 in ZIP Code 92548 is approximately 27% lower than the California median of $1,503. Additionally, median rent in this Homeland, CA region ($1,096) is about 3% higher than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 92548?

High-priced rentals are not common in the Homeland, CA ZIP Code of 92548, as the region has no rentals costing $3,000 or more per month. In contrast, in the state of California overall, approximately 6.7% of rentals fall in this upper tier of $3,000 or more per month.
4

Are affordable rentals common in ZIP Code 92548?

Affordable rentals are more common in ZIP Code 92548 than in California overall. The percentage of housing rentals in ZIP Code 92548 costing $999 or less per month (38.5%) is approximately 80% 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 16% higher than the previously mentioned 92548 rate of 38.5%.
5

What is the most common cost range that rentals fall into in ZIP Code 92548?

The most common range for rental cost in ZIP Code 92548 is between $1,000 and $1,499 per month. About 54.9% of renters in 92548 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 92548 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 92548 is lower than the rental vacancy rate in the state of California overall. Rental vacancy of 0.0% in ZIP Code 92548 is about 100% lower than the California rate of 3.6%. Looking more broadly, rental vacancy in this Homeland, CA region (0.0%) is an estimated 100% 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 92548? How does it compare to other California regions?

Median household income in ZIP Code 92548 is lower than in the state of California overall. Annual household income of $50,464 in ZIP Code 92548 is about 33% lower than the California median of $75,235. Additionally, median household income in this Homeland, CA region ($50,464) is approximately 20% 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 92548 spend on housing costs?

Renters in ZIP Code 92548 spend a lower amount of their income on rent costs than do renters in California overall. Renters in ZIP Code 92548 spend an estimated 30.82% of their income on rent payments, which is about 1% 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 3% lower than the ZIP Code 92548 estimated rate of 30.82%.
9

Do renters in ZIP Code 92548 typically spend a large portion of their income on rent payments?

It is uncommon for renters in ZIP Code 92548 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 92548 spending 30 percent or more of their income on rent costs (51.2%) is approximately 7% 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 3% lower than the aforementioned 92548 rate of 51.2%.
10

What is the average household size of renter-occupied units in ZIP Code 92548?

The average household size of renter-occupied units in ZIP Code 92548 is higher than in the state of California overall. Annual household size of 3.44 in ZIP Code 92548 is about 19% higher than the California median of 2.88. Additionally, median household size in this Homeland, CA region (3.44) is approximately 38% higher than median household size of 2.49 in the U.S. as a whole.

Rental Insights for other California ZIP Codes