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These days, finding an affordable place to live in the 92240 area can be challenging. Home prices in 92240 are now at a median cost of $338,416, lower than the California average of $812,006.
The average cost of rent is $1,531/mo in 92240, primarily driven by the current value of real estate in the 92240 area. In 92240, 43.61% of households rent, and 37.50% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 92240 is $5,122 per month. Households that rent pay about 29.89% of their income on rent here. 92240’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern 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
- 92258, CA: equally priced homes
- 92241, CA: less expensive homes
- 92262, CA: higher priced homes
- 92256, CA: less expensive homes
- 92234, CA: higher priced homes
- 92282, CA: equally priced homes
- 92264, CA: higher priced homes
- 92276, CA: less expensive homes
- 92230, CA: equally priced homes
- 92220, CA: equally priced homes
Zip Codes with Similar Populations
- 89015, NV: higher priced homes
- 42240, KY: less expensive homes
- 42303, KY: less expensive homes
- 43110, OH: less expensive homes
- 44111, OH: less expensive homes
- 46112, IN: equally priced homes
- 85711, AZ: less expensive homes
- 85756, AZ: less expensive homes
- 88220, NM: less expensive homes
- 89014, NV: higher priced homes
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