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These days, finding an affordable place to live in the 92040 area can be challenging. Home prices in 92040 are now at a median cost of $501,123, lower than the California average of $648,235.
The average cost of rent is $2,033/mo in 92040, primarily driven by the current value of real estate in the 92040 area. While nearly 34.33% of residents own their homes outright in 92040, 25.28% rent.
Housing affordability isn’t just about home prices, though. The average household income in 92040 is $8,209 per month. Households that rent pay about 24.76% of their income on rent here. 92040's most expensive areas are in the western regions, while the cheapest areas are in the eastern parts of the zip.
Nearby Zip Codes
- 92021, CA: less expensive homes
- 92071, CA: less expensive homes
- 92020, CA: equally priced homes
- 92019, CA: higher priced homes
- 92119, CA: higher priced homes
- 92145, CA: higher priced homes
- 91942, CA: equally priced homes
- 91941, CA: higher priced homes
- 91978, CA: higher priced homes
- 91901, CA: higher priced homes
Zip Codes with Similar Populations
- 85205, AZ: less expensive homes
- 53590, WI: less expensive homes
- 54915, WI: less expensive homes
- 54935, WI: less expensive homes
- 55119, MN: less expensive homes
- 55330, MN: less expensive homes
- 60707, IL: less expensive homes
- 63017, MO: less expensive homes
- 78108, TX: less expensive homes
- 80126, CO: higher priced homes
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