City Report · CA

Corona

Pop. 159,670·225th most expensive in California·One of the pricier rental markets in the US
Median rent (all units)
$2,682/mo
Year-over-Year
+0.8%
Month-over-Month
-0.4%
vs US Median
+$717
Stable (Monthly)
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Most AffordableMost Expensive
Corona · $2,682
More expensive than 84% of US cities · National median $1,965/mo
Rent Reality Score
68/100
Good value
OverheatedFairGreat value

Rents are 9% below what Corona's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$2,682/mo
Expected by trend
$2,947/mo
The Rent Reality Score compares today's median rent to where Corona's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$2,216
1 BR
$2,312
2 BR
$2,876
3 BR
$3,840
4 BR+
$4,670
Research median
$2,876/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$32,184/yr
At $2,682/mo median
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+0.8% YoY, -0.4% MoM), not inventory.
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Demographics

Who lives here

Corona, CA is majority owner-occupied, has a median income above the national average, 32.4% of residents hold a bachelor's degree or higher.

Population
159,670
Median income
$109,242
Median age
37.5
Renters
36.2%
Age distribution
23.2%
23.7%
27.9%
12.2%
13%
Under 1823.2%
18–3423.7%
35–5427.9%
55–6412.2%
65+13%
Gender
49.5%
50.5%
Male49.5%
Female50.5%
Race & ethnicity
36.5%
48.1%
White36.5%
Black5.1%
Hispanic48.1%
Asian11.8%
Education (25+)
14.1%
23.9%
29.6%
32.4%
No HS diploma14.1%
HS diploma23.9%
Some college29.6%
Bachelor's+32.4%
Housing tenure
63.8%
36.2%
Owner63.8%
Renter36.2%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Corona, CA has changed in 5 years

Rent
$2,110 → $2,682
up 27.1%
Income
$95,268 → $109,242
up 14.7%
Population
157,844 → 159,670
up 1.2%
Renter share
36.4% → 36.2%
-0.2 pts
Bachelor's+
28.9% → 32.4%
+3.5 pts
Median age
35.3 → 37.5
+2.2 yrs

Since 2021, the typical rent in Corona, CA has increased from $2,110 to $2,682, a 27.1% change over five years. On the earnings side, the typical household in Corona, CA now reports about $109,242, up from $95,268 in 2021. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 1.2% since 2021, moving from about 157,844 residents to roughly 159,670. College-educated residents now make up 32.4% of adults here, versus 28.9% in 2021. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and Corona, CA reflects that arc in its own way.

Community

Discussions about Corona

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View Corona rent history (2015–2026) →
Salary vs rent

Can you afford rent in Corona on your salary?

At $2,682/mo, how Corona rent compares to typical pay (30% rule).

By apartment size

Corona rent by bedroom count

Median rent for each apartment size in Corona. Click any size for full breakdown.

Local insights

Tips for renters in Corona

About renting in Corona, CA

Last updated: July 20, 2026

The median rent in Corona is $2,682/mo as of July 2026. A studio apartment averages $2,216/mo while a 2-bedroom runs $2,876/mo. One-bedroom apartments average $2,312/mo and 3-bedroom units go for $3,840/mo.

At 29% of local median household income ($109,242/yr), Corona ranks as affordable compared to the national benchmark of 30%. Rents have increased 0.8% over the past year.

FAQ

Frequently asked questions

Is Corona an affordable city for renters?

Corona is considered affordable for renters. At $2,682/mo, rent takes approximately 29% of the local median household income ($109,242/yr). The standard benchmark is 30%. Corona falls comfortably within that range.

How much income do you need to rent in Corona?

To keep rent at or below 30% of gross income, you would need to earn at least $107,000/year (~$51/hour full-time) to afford the median rent of $2,682/mo in Corona. The local median household income is $109,242/yr, meaning the typical Corona household meets that threshold.

Is rent going up or down in Corona?

Rent in Corona has increased 0.8% over the past year as of July 2026, putting upward pressure on renter budgets.

Which Corona neighborhoods have the lowest rent?

The most affordable ZIP codes in Corona are 92878 ($2,493/mo), 92879 ($2,642/mo), and 92881 ($2,793/mo). Citywide, the median rent in Corona is $2,682/mo.

How does Corona rent compare to other cities in California?

Corona is middle-of-the-pack for California for rent, ranking #225 out of 387 tracked cities at $2,682/mo.

Which nearby cities are cheaper to rent in than Corona?

Several nearby cities have lower median rents than Corona ($2,682/mo): Riverside ($2,420/mo), Jurupa Valley ($2,556/mo).

What percentage of Corona residents rent vs. own?

According to Census data, approximately 36.2% of Corona households are renters, while 63.8% are owner-occupied. Corona leans toward homeownership, which can mean a smaller rental inventory.

How does Corona rent compare to the national average?

Corona's median rent of $2,682/mo is $717 (36%) above the US national median of $1,965/mo. Within California, it ranks #225 out of 387 tracked cities.
Income Affordability
29%
AFFORDABLE

At $2,682/mo, rent takes ~29% of Corona's median household income ($109,242/yr). The standard benchmark is 30%.

Corona 29%Benchmark 30%
State income tax1–13.3%
Run the Corona affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Corona, CA

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