Rents are 7% below what Corona's 10-year trend predicts — a better deal than its own history suggests.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,661 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.
Source: HUD Small Area Fair Market Rents. Read the methodology →
12-month history
Last updated: October 17, 2026
What the numbers show
January. Asking rents in Corona usually run 1.1% below trend in January and 0.8% above it in July, about $51 a month apart at today's median. Based on 11 years of data.
Rent in Corona is at its highest level since Zillow's records here began in January 2015.
Rent in Corona changed +3.1% over the year to September 2026. Across the 336 California cities Zillow tracks, the typical change was +3.4%.
From 2019 to 2024, rent in Corona rose 39.4% while median household income rose 30.4% ($83,752 to $109,242). Rent outpaced income.
Rent in Corona is 43.8% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent has risen 7 months in a row, and rose in 10 of the last 12 months.
30% of the median household income ($109,242) is $2,731 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($2,312); a 2-bedroom is $2,876.
The priciest of 5 ZIP codes in Corona, 92883 ($3,338/mo), costs 34% more than the cheapest, 92878 ($2,494/mo).
Lake Elsinore, 16 miles away, rents for 12% less ($2,348/mo), about $3,800 a year in savings.
From Zillow's monthly rent index (ZORI) for Corona. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
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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.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Corona, CA has changed in 5 years
Since 2021, the typical rent in Corona, CA has increased from $2,046 to $2,661, a 30.1% 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.
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At $2,661/mo, how Corona rent compares to typical pay (30% rule).
Corona rent by bedroom count
Median rent for each apartment size in Corona. Click any size for full breakdown.
Tips for renters in Corona
Last updated: October 17, 2026
The median rent in Corona is $2,661/mo as of October 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 3.1% over the past year.
Frequently asked questions
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Which nearby cities are cheaper to rent in than Corona?
At $2,661/mo, rent takes ~29% of Corona's median household income ($109,242/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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