Downtown Corona renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.
On average, the cost of rent in Downtown Corona is about $1,434 per month. This puts it in the 19th percentile compared to the city average cost of rent, which is $2,114. Households in Downtown Corona have a median income of $4,372 per month so the average renter in Downtown Corona is spending roughly 33% of their earnings on housing.
Nationally, and in Downtown Corona, home values are the data point most closely correlated with the cost of rent. The median price of a home in Downtown Corona is $353,211 right now, which is lower than nearby neighborhoods, meaning that rents in Downtown Corona also tend to be lower versus these nearby neighborhoods.
Higher rent prices are common in the northern parts of Downtown Corona while lower rent rates are often available in southern areas.
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