ZIP Code · CA

ZIP 90650

Part of Norwalk, CA

Pop. 99,900·Los Angeles County·534th most expensive ZIP in California

Median rent (all units)

$2,664/mo

Year-over-Year

+1.6%

Month-over-Month

+0.7%

vs US Median

+$732

Reported rents

Rising (Monthly)

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Most AffordableMost Expensive

ZIP 90650 · $2,664

More expensive than 84% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$1,800

1 BR

$2,010

2 BR

$2,510

3 BR

$3,180

4 BR+

$3,540

Research median

$2,510/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: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

February. Asking rents in ZIP 90650 usually run 0.8% below trend in February and 1.2% above it in July, about $53 a month apart at today's median. Based on 7 years of data.

Compared with the peak

Rent in ZIP 90650 is 0.2% below its high of $2,669 in February 2026, at $2,664 as of September 2026.

Past year vs. the rest of California

Rent in ZIP 90650 changed +1.6% over the year to September 2026. Across the 819 California ZIP codes Zillow tracks, the typical change was +3.2%.

Since before the pandemic

Rent in ZIP 90650 is 40.3% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 3 months in a row, and rose in 7 of the last 12 months.

What a typical income covers

30% of the median household income ($100,085) is $2,502 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($2,010); a 2-bedroom is $2,510.

Cheaper nearby

ZIP 90706, 3 miles away, rents for 17% less ($2,221/mo), about $5,300 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 90650. 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.

Annual cost

$31,968/yr

At $2,664/mo median

Location

CityNorwalk

StateCA

CountyLos Angeles County

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (1.6% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+1.6% YoY, +0.7% MoM), not inventory.

Demographics

Who lives here

ZIP 90650 (Norwalk, CA) is majority owner-occupied, has a median income above the national average, 21.2% of residents hold a bachelor's degree or higher.

Population

99,900

Median income

$100,085

Median age

37.3

Renters

31.7%

Age distribution

21.7%

24.8%

27%

12.1%

14.4%

Under 1821.7%

18–3424.8%

35–5427%

55–6412.1%

65+14.4%

Gender

50.1%

49.9%

Male50.1%

Female49.9%

Race & ethnicity

19.6%

70.4%

13.4%

White19.6%

Black4%

Hispanic70.4%

Asian13.4%

Education (25+)

22.9%

27.4%

28.4%

21.2%

No HS diploma22.9%

HS diploma27.4%

Some college28.4%

Bachelor's+21.2%

Housing tenure

68.3%

31.7%

Owner68.3%

Renter31.7%

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

2021 vs 2026

How ZIP 90650 in Norwalk, CA has changed in 5 years

Rent

$2,073 → $2,664

up 28.5%

Income

$83,217 → $100,085

up 20.3%

Population

103,427 → 99,900

down 3.4%

Renter share

33.2% → 31.7%

-1.5 pts

Bachelor's+

20.1% → 21.2%

+1.1 pts

Median age

35.5 → 37.3

+1.8 yrs

Since 2021, the typical rent in ZIP 90650 in Norwalk, CA has increased from $2,073 to $2,664, a 28.5% change over five years. Local incomes tracked alongside that move, going from a median of $83,217 in 2021 to $100,085 more recently. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has contracted by 3.4% since 2021, moving from about 103,427 residents to roughly 99,900. Renters now make up 31.7% of households, compared with 33.2% five years ago. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 90650 in Norwalk, CA market of 2021.

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About renting in ZIP 90650

Last updated: October 17, 2026

ZIP code 90650 covers Norwalk, CA. The median rent here is $2,664/mo as of October 2026. A 1-bedroom rents for a median of $2,010/mo. A 2-bedroom rents for a median of $2,510/mo.

At 32% of local median household income ($100,085/yr), ZIP 90650 ranks as moderate compared to the national benchmark of 30%. Rents have increased 1.6% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 90650?

To keep rent at or below 30% of gross income, you would need to earn at least $107,000/year (about $51/hour full-time) to afford the median rent of $2,664/mo in ZIP 90650. The local median household income is $100,085/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 90650?

Rent in ZIP 90650 has risen 1.6% over the past year as of September 2026. It sits 0.2% below its high of $2,669 in February 2026.

When is the cheapest time to rent in ZIP 90650?

Asking rents in ZIP 90650 are usually lowest in February, about 0.8% below their yearly trend, and highest in July, about 1.2% above it. At today's median that is a gap of roughly $53 a month. This pattern comes from 7 years of Zillow rent data.

How does ZIP 90650 compare to other ZIPs in California?

ZIP 90650 is in the middle among California ZIP codes for rent, ranking #534 of 898 at $2,664/mo. Over the year to September 2026, rent in ZIP 90650 changed +1.6%, against a typical +3.2% across the 819 California ZIP codes Zillow tracks.