ZIP Code · CA

ZIP 90723

Part of Paramount, CA

Pop. 52,050·Los Angeles County·446th most expensive ZIP in California

Median rent (all units)

$2,803/mo

Year-over-Year

+2.3%

Month-over-Month

-0.8%

vs US Median

+$871

Reported rents

Falling (Monthly)

Be the first to discuss 90723 rents ↓

Most AffordableMost Expensive

ZIP 90723 · $2,803

More expensive than 87% of US ZIP codes · National median $1,932/mo

Rent check

Is your rent fair?

Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$1,680

1 BR

$1,880

2 BR

$2,350

3 BR

$2,980

4 BR+

$3,320

Research median

$2,350/mo

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

Rent trends

12-month history

Loading…

Last updated: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in ZIP 90723 is 1.2% below its high of $2,838 in June 2026, at $2,803 as of September 2026.

Past year vs. the rest of California

Rent in ZIP 90723 changed +2.3% over the year to September 2026. Across the 819 California ZIP codes Zillow tracks, the typical change was +3.2%.

Recent direction

Rent has fallen 3 months in a row, and rose in 5 of the last 12 months.

What a typical income covers

30% of the median household income ($75,250) is $1,881 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($1,880); a 2-bedroom is $2,350.

Cheaper nearby

ZIP 90242, 2 miles away, rents for 22% less ($2,181/mo), about $7,500 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 90723. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$33,636/yr

At $2,803/mo median

Location

CityParamount

StateCA

CountyLos Angeles County

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 (+2.3% YoY, -0.8% MoM), not inventory.

Demographics

Who lives here

ZIP 90723 (Paramount, CA) is majority renter-occupied, has a large share of families with children, 14.9% of residents hold a bachelor's degree or higher.

Population

52,050

Median income

$75,250

Median age

33.4

Renters

57%

Age distribution

25.1%

27%

27.2%

Under 1825.1%

18–3427%

35–5427.2%

55–6410.8%

65+10.1%

Gender

49.8%

50.2%

Male49.8%

Female50.2%

Race & ethnicity

81.3%

White11.1%

Black9.5%

Hispanic81.3%

Asian3.9%

Education (25+)

32.4%

29.7%

23.1%

14.9%

No HS diploma32.4%

HS diploma29.7%

Some college23.1%

Bachelor's+14.9%

Housing tenure

43%

57%

Owner43%

Renter57%

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

2021 vs 2026

How ZIP 90723 in Paramount, CA has changed in 5 years

Income

$60,493 → $75,250

up 24.4%

Population

53,938 → 52,050

down 3.5%

Renter share

58.3% → 57%

-1.3 pts

Bachelor's+

11.6% → 14.9%

+3.3 pts

Median age

31.6 → 33.4

+1.8 yrs

On the earnings side, the typical household in ZIP 90723 in Paramount, CA now reports about $75,250, up from $60,493 in 2021. Headcount in the area went from 53,938 to 52,050 between 2021 and 2024, a 3.5% change. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 11.6% to 14.9%.

Community

Discussions about ZIP 90723

No discussions yet. Start the conversation.

Local insights

Tips for renters in ZIP 90723

About renting in ZIP 90723

Last updated: October 17, 2026

ZIP code 90723 covers Paramount, CA. The median rent here is $2,803/mo as of October 2026. A 1-bedroom rents for a median of $1,880/mo. A 2-bedroom rents for a median of $2,350/mo.

At 45% of local median household income ($75,250/yr), ZIP 90723 ranks as moderate compared to the national benchmark of 30%. Rents have increased 2.3% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 90723?

To keep rent at or below 30% of gross income, you would need to earn at least $112,000/year (about $54/hour full-time) to afford the median rent of $2,803/mo in ZIP 90723. The local median household income is $75,250/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 90723?

Rent in ZIP 90723 has risen 2.3% over the past year as of September 2026. It sits 1.2% below its high of $2,838 in June 2026.

How does ZIP 90723 compare to other ZIPs in California?

ZIP 90723 is in the middle among California ZIP codes for rent, ranking #446 of 898 at $2,803/mo. Over the year to September 2026, rent in ZIP 90723 changed +2.3%, against a typical +3.2% across the 819 California ZIP codes Zillow tracks.