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Rental Insights for ZIP Code 92592 (Temecula, CA)

Housing Rentals in ZIP Code 92592 (Temecula, CA)

92592 ZIP Code in California

An In-depth Dive Into Housing Rentals in ZIP Code 92592

The 92592 ZIP Code is primarily located in Temecula, CA in Riverside County. This California region has a median housing rent payment of $2,000 per month. About 26.0% of total housing units in this Riverside County ZIP Code are occupied by renters, while the estimated rental vacancy rate is 6.0%.

The median rent in ZIP Code 92592 of $2,000 per month is 33% higher than the aggregate California median monthly rent of $1,503, and is 88% higher than the $1,062 the median monthly rent in the U.S. overall. In ZIP Code 92592, about 32.0% of renters pay between $1,500 and $1,999 per month for housing. That is 38% higher than in California overall, in which 23.2% of total state residents pay between $1,500 and $1,999 per month for housing. Just 1.1% of ZIP Code 92592 renters pay less than $500 for monthly rent.

ZIP Code 92592 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 92592

See the chart below for a comparison of monthly rental costs in ZIP Code 92592, California, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 92592 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 92592

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

Cost ZIP 92592 California U.S.
Less than $500 1.1% 4.9% 9.4%
$500 to $999 2.7% 16.5% 36.2%
$1,000 to $1,499 14.2% 28.6% 30.0%
$1,500 to $1,999 32.0% 23.2% 14.0%
$2,000 to $2,499 27.8% 13.4% 5.6%
$2,500 to $2,999 17.6% 6.9% 2.4%
$3,000 or more 4.6% 6.7% 2.4%

Rent Cost vs. Income in ZIP Code 92592

Renters in ZIP Code 92592 use an estimated 29.6% of their income to cover their monthly rent payments. That is about 5% 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 92592 renters use about 1% less of their income to cover rent expense. Household income figures for ZIP Code 92592 come in higher than in California as a whole. The median annual household income in ZIP Code 92592 of $105,279 sits approximately 40% higher than the overall California median income of $75,235 and approximately 68% higher than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 92592

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 92592, 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 92592 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 92592

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

Rent Cost as % of Income ZIP 92592 California U.S.
Less than 15.0 percent 13.2% 10.3% 13.1%
15.0 to 19.9 percent 11.8% 11.2% 12.9%
20.0 to 24.9 percent 13.8% 12.2% 12.9%
25.0 to 29.9 percent 13.5% 11.5% 11.6%
30.0 to 34.9 percent 9.2% 9.6% 9.1%
35.0 percent or more 38.6% 45.2% 40.5%

Household Income in ZIP Code 92592

See the table below for the regional comparison of annual household income in ZIP Code 92592.

Income ZIP 92592 California U.S.
Less than $10,000 2.2% 4.8% 6.0%
$10,000 to $14,999 1.1% 4.1% 4.3%
$15,000 to $24,999 3.4% 7.5% 8.9%
$25,000 to $34,999 4.9% 7.5% 8.9%
$35,000 to $49,999 6.2% 10.5% 12.3%
$50,000 to $74,999 14.9% 15.5% 17.2%
$75,000 to $99,999 14.0% 12.4% 12.7%
$100,000 to $149,999 24.3% 16.6% 15.1%
$150,000 to $199,999 13.4% 8.9% 6.8%
$200,000 or more 15.6% 12.2% 7.7%

Household Income in ZIP Code 92592

See the chart below for a comparison of annual household income figures in ZIP Code 92592, California, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 92592 alongside the same figures for the state of California and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 92592

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 92592.

ZIP 92592 California U.S.
Median Housing Rent $2,000 $1,503 $1,062
Renter-Occupied Housing Units 26.0% 45.2% 36.0%
Rental Vacancy Rate 6.0% 3.6% 6.0%
Average Size of Renter-Occupied Unit 3.47 2.88 2.49
Average # of Bedrooms Per Unit 3.66 2.63 2.75
Percent of Income Spent on Rent 29.6% 31.23% 29.83%
Per Capita Income $38,742 $36,955 $34,103
Median Household Income $128,328 $106,916 $88,607
Living Below the Poverty Line 4.5% 9.6% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 92592

In ZIP Code 92592 (Temecula, CA), and estimated 26.0% of housing units are occupied by renters. This region has an approximate rental vacany rate of 6.0%.

The per capita income in 92592 is estimated at $38,742, which goes along with an estimated median household income of $128,328. About 4.5% of residents in this Riverside County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 3.47 occupants, while the units have an aggregate average size of 3.66 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 29.6% of their income on housing rental costs.

Rental FAQs for ZIP Code 92592

1

What is the median monthly rent in ZIP Code 92592?

Median rent for housing in ZIP Code 92592 in Riverside County in California is approximately $2,000 per month.
2

Is it expensive to rent in ZIP Code 92592?

Rent in ZIP Code 92592 is higher than average in the state of California overall. The median monthly rent of $2,000 in ZIP Code 92592 is approximately 33% higher than the California median of $1,503. Additionally, median rent in this Temecula, CA region ($2,000) is about 88% higher than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 92592?

High-priced rentals are less common in ZIP Code 92592 than in California overall. The percentage of rentals in ZIP Code 92592 that cost $3,000 or more per month (4.6%) is about 31% 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 92% lower than the aforementioned 92592 rate of 4.6%.
4

Are affordable rentals common in ZIP Code 92592?

Affordable rentals are less common in ZIP Code 92592 than in California overall. The percentage of housing rentals in ZIP Code 92592 costing $999 or less per month (3.8%) is approximately 82% 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 92% higher than the previously mentioned 92592 rate of 3.8%.
5

What is the most common cost range that rentals fall into in ZIP Code 92592?

The most common range for rental cost in ZIP Code 92592 is between $1,500 and $1,999 per month. About 32.0% of renters in 92592 pay in this range for monthly rent. In comparison, approximately 23.2% of renters in the state of California fall in the between $1,500 and $1,999 range, and 14.0% of overall U.S. renters fall in this range.
6

Does ZIP Code 92592 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 92592 is higher than the rental vacancy rate in the state of California overall. Rental vacancy of 6.0% in ZIP Code 92592 is about 67% higher than the California rate of 3.6%. Looking more broadly, rental vacancy in this Temecula, CA region (6.0%) is an estimated 0% 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 92592? How does it compare to other California regions?

Median household income in ZIP Code 92592 is higher than in the state of California overall. Annual household income of $105,279 in ZIP Code 92592 is about 40% higher than the California median of $75,235. Additionally, median household income in this Temecula, CA region ($105,279) is approximately 68% 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 92592 spend on housing costs?

Renters in ZIP Code 92592 spend a lower amount of their income on rent costs than do renters in California overall. Renters in ZIP Code 92592 spend an estimated 29.6% of their income on rent payments, which is about 5% 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 1% higher than the ZIP Code 92592 estimated rate of 29.6%.
9

Do renters in ZIP Code 92592 typically spend a large portion of their income on rent payments?

It is uncommon for renters in ZIP Code 92592 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 92592 spending 30 percent or more of their income on rent costs (47.8%) is approximately 13% 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 4% higher than the aforementioned 92592 rate of 47.8%.
10

What is the average household size of renter-occupied units in ZIP Code 92592?

The average household size of renter-occupied units in ZIP Code 92592 is higher than in the state of California overall. Annual household size of 3.47 in ZIP Code 92592 is about 20% higher than the California median of 2.88. Additionally, median household size in this Temecula, CA region (3.47) is approximately 39% higher than median household size of 2.49 in the U.S. as a whole.

Rental Insights for other California ZIP Codes