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These days, finding an affordable place to live in the 92118 area can be challenging. Home prices in 92118 are now at a median cost of $1,872,187, higher than the California average of $812,006.
The average cost of rent is $3,141/mo in 92118, primarily driven by the current value of real estate in the 92118 area. In 92118, 43.10% of households rent, and 46.32% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 92118 is $12,320 per month. Households that rent pay about 25.50% of their income on rent here. 92118’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
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Zip Codes with Similar Populations
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