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These days, finding an affordable place to live in the Corona area can be challenging. Home prices in Corona are now at a median cost of $680,206, lower than the California average of $812,006.
The average cost of rent is $2,526/mo in Corona, primarily driven by the current value of real estate in the Corona area. In Corona, 34.66% of households rent, and 30.46% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Corona is $9,800 per month. Households that rent pay about 25.77% of their income on rent here. Corona’s most expensive areas are in the southern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Norco, CA: higher priced homes
- Eastvale, CA: higher priced homes
- Mira Loma, CA: equally priced homes
- Temescal Valley, CA: higher priced homes
- Pedley, CA: less expensive homes
- Riverside, CA: less expensive homes
- Silverado, CA: higher priced homes
- Woodcrest, CA: higher priced homes
- Modjeska, CA: higher priced homes
- Chino Hills, CA: higher priced homes
Cities with Similar Populations
- Dallas, TX: less expensive homes
- Cordova, TN: less expensive homes
- Cranston, RI: less expensive homes
- Denton, TX: less expensive homes
- Davie, FL: less expensive homes
- Dale City, VA: less expensive homes
- Covington, GA: less expensive homes
- Dallas, GA: less expensive homes
- Dearborn, MI: less expensive homes
- Detroit, MI: less expensive homes
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