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These days, finding an affordable place to live in the 92116 area can be challenging. Home prices in 92116 are now at a median cost of $683,124, higher than the California average of $648,235.
The average cost of rent is $1,806/mo in 92116, primarily driven by the current value of real estate in the 92116 area. While nearly 27.72% of residents own their homes outright in 92116, 60.57% rent.
Housing affordability isn’t just about home prices, though. The average household income in 92116 is $8,449 per month. Households that rent pay about 21.38% of their income on rent here. 92116's most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the zip.
Nearby Zip Codes
- 92104, CA: equally priced homes
- 92108, CA: less expensive homes
- 92105, CA: less expensive homes
- 92103, CA: higher priced homes
- 92123, CA: less expensive homes
- 92134, CA: equally priced homes
- 92115, CA: less expensive homes
- 92182, CA: higher priced homes
- 92102, CA: less expensive homes
- 92111, CA: less expensive homes
Zip Codes with Similar Populations
- 60099, IL: less expensive homes
- 34491, FL: less expensive homes
- 37323, TN: less expensive homes
- 45005, OH: less expensive homes
- 01845, MA: less expensive homes
- 49505, MI: less expensive homes
- 55347, MN: less expensive homes
- 55378, MN: less expensive homes
- 55411, MN: less expensive homes
- 48234, MI: less expensive homes
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