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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 $676,103, lower than the California average of $812,006.
The average cost of rent is $2,078/mo in 92040, primarily driven by the current value of real estate in the 92040 area. In 92040, 32.35% of households rent, and 31.19% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 92040 is $9,353 per month. Households that rent pay about 22.22% of their income on rent here. 92040’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 92021, CA: less expensive homes
- 92071, CA: equally priced 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: equally 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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