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Rental Insights for ZIP Code 93004 (Ventura, CA)

Housing Rentals in ZIP Code 93004 (Ventura, CA)

93004 ZIP Code in California

An In-depth Dive Into Housing Rentals in ZIP Code 93004

The 93004 ZIP Code is primarily located in Ventura, CA in Ventura County. The estimated median housing rent in this California region is $1,737 per month. About 34.7% of housing units in this Ventura County ZIP Code are occupied by renters, while the region has an approximate rental vacancy rate of 2.4%.

The median rent in ZIP Code 93004 of $1,737 per month is 16% higher than the aggregate California median monthly rent of $1,503, and is 64% higher than the $1,062 the median monthly rent in the U.S. overall. Approximately 32.2% of residents in ZIP Code 93004 pay between $1,500 and $1,999 per month for rent. That is 39% 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 4.6% of renters in this Ventura, CA region pay $3,000 or more per month for rent.

ZIP Code 93004 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 93004

See the chart below for a comparison of monthly rental costs in ZIP Code 93004, California, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 93004 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 93004

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

Cost ZIP 93004 California U.S.
Less than $500 6.8% 4.9% 9.4%
$500 to $999 9.7% 16.5% 36.2%
$1,000 to $1,499 18.2% 28.6% 30.0%
$1,500 to $1,999 32.2% 23.2% 14.0%
$2,000 to $2,499 21.0% 13.4% 5.6%
$2,500 to $2,999 7.3% 6.9% 2.4%
$3,000 or more 4.6% 6.7% 2.4%

Rent Cost vs. Income in ZIP Code 93004

Renters in ZIP Code 93004 use an estimated 32.14% 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 93004 renters use about 8% more of their income to cover rent expense. Household income figures for ZIP Code 93004 come in higher than in California as a whole. The median annual household income in ZIP Code 93004 of $90,018 sits approximately 20% higher than the overall California median income of $75,235 and approximately 43% higher than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 93004

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 93004, 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 93004 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 93004

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

Rent Cost as % of Income ZIP 93004 California U.S.
Less than 15.0 percent 8.6% 10.3% 13.1%
15.0 to 19.9 percent 10.3% 11.2% 12.9%
20.0 to 24.9 percent 8.3% 12.2% 12.9%
25.0 to 29.9 percent 12.2% 11.5% 11.6%
30.0 to 34.9 percent 15.0% 9.6% 9.1%
35.0 percent or more 45.6% 45.2% 40.5%

Household Income in ZIP Code 93004

See the table below for the regional comparison of annual household income in ZIP Code 93004.

Income ZIP 93004 California U.S.
Less than $10,000 3.1% 4.8% 6.0%
$10,000 to $14,999 3.3% 4.1% 4.3%
$15,000 to $24,999 4.9% 7.5% 8.9%
$25,000 to $34,999 6.7% 7.5% 8.9%
$35,000 to $49,999 9.3% 10.5% 12.3%
$50,000 to $74,999 14.2% 15.5% 17.2%
$75,000 to $99,999 12.9% 12.4% 12.7%
$100,000 to $149,999 23.0% 16.6% 15.1%
$150,000 to $199,999 13.3% 8.9% 6.8%
$200,000 or more 9.3% 12.2% 7.7%

Household Income in ZIP Code 93004

See the chart below for a comparison of annual household income figures in ZIP Code 93004, California, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 93004 alongside the same figures for the state of California and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 93004

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 93004.

ZIP 93004 California U.S.
Median Housing Rent $1,737 $1,503 $1,062
Renter-Occupied Housing Units 34.7% 45.2% 36.0%
Rental Vacancy Rate 2.4% 3.6% 6.0%
Average Size of Renter-Occupied Unit 2.63 2.88 2.49
Average # of Bedrooms Per Unit 2.87 2.63 2.75
Percent of Income Spent on Rent 32.14% 31.23% 29.83%
Per Capita Income $38,451 $36,955 $34,103
Median Household Income $106,447 $106,916 $88,607
Living Below the Poverty Line 3.1% 9.6% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 93004

In ZIP Code 93004 (Ventura, CA), and estimated 34.7% of housing units are occupied by renters. This region has an approximate rental vacany rate of 2.4%.

The per capita income in 93004 is estimated at $38,451, which goes along with an estimated median household income of $106,447. About 3.1% of residents in this Ventura County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 2.63 occupants, while the units have an aggregate average size of 2.87 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 32.14% of their income on housing rental costs.

Rental FAQs for ZIP Code 93004

1

What is the median monthly rent in ZIP Code 93004?

Median rent for housing in ZIP Code 93004 in Ventura County in California is approximately $1,737 per month.
2

Is it expensive to rent in ZIP Code 93004?

Rent in ZIP Code 93004 is higher than average in the state of California overall. The median monthly rent of $1,737 in ZIP Code 93004 is approximately 16% higher than the California median of $1,503. Additionally, median rent in this Ventura, CA region ($1,737) is about 64% higher than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 93004?

High-priced rentals are less common in ZIP Code 93004 than in California overall. The percentage of rentals in ZIP Code 93004 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 93004 rate of 4.6%.
4

Are affordable rentals common in ZIP Code 93004?

Affordable rentals are less common in ZIP Code 93004 than in California overall. The percentage of housing rentals in ZIP Code 93004 costing $999 or less per month (16.5%) is approximately 23% 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 64% higher than the previously mentioned 93004 rate of 16.5%.
5

What is the most common cost range that rentals fall into in ZIP Code 93004?

The most common range for rental cost in ZIP Code 93004 is between $1,500 and $1,999 per month. About 32.2% of renters in 93004 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 93004 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 93004 is lower than the rental vacancy rate in the state of California overall. Rental vacancy of 2.4% in ZIP Code 93004 is about 33% lower than the California rate of 3.6%. Looking more broadly, rental vacancy in this Ventura, CA region (2.4%) is an estimated 60% 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 93004? How does it compare to other California regions?

Median household income in ZIP Code 93004 is higher than in the state of California overall. Annual household income of $90,018 in ZIP Code 93004 is about 20% higher than the California median of $75,235. Additionally, median household income in this Ventura, CA region ($90,018) is approximately 43% 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 93004 spend on housing costs?

Renters in ZIP Code 93004 spend a higher amount of their income on rent costs than do renters in California overall. Renters in ZIP Code 93004 spend an estimated 32.14% 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 93004 estimated rate of 32.14%.
9

Do renters in ZIP Code 93004 typically spend a large portion of their income on rent payments?

It is common for renters in ZIP Code 93004 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 93004 spending 30 percent or more of their income on rent costs (60.6%) is approximately 11% 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 22% lower than the aforementioned 93004 rate of 60.6%.
10

What is the average household size of renter-occupied units in ZIP Code 93004?

The average household size of renter-occupied units in ZIP Code 93004 is lower than in the state of California overall. Annual household size of 2.63 in ZIP Code 93004 is about 9% lower than the California median of 2.88. Additionally, median household size in this Ventura, CA region (2.63) is approximately 6% higher than median household size of 2.49 in the U.S. as a whole.

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