ZIP Code · CA

ZIP 91723

Part of Covina, CA

Pop. 17,733·Los Angeles County·702nd most expensive ZIP in California

Median rent (all units)

$2,320/mo

Year-over-Year

+3.2%

Month-over-Month

+0.4%

vs US Median

+$388

Reported rents

Stable (Monthly)

Be the first to discuss 91723 rents ↓

Most AffordableMost Expensive

ZIP 91723 · $2,320

More expensive than 74% 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

$2,340

3 BR

$2,970

4 BR+

$3,300

Research median

$2,340/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 91723 is 1.1% below its high of $2,345 in June 2026, at $2,320 as of September 2026.

Past year vs. the rest of California

Rent in ZIP 91723 changed +3.2% over the year to September 2026. Across the 819 California ZIP codes Zillow tracks, the typical change was +3.2%.

Recent direction

Rent rose in 8 of the last 12 months.

What a typical income covers

30% of the median household income ($94,167) is $2,354 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($2,340); a 3-bedroom is $2,970.

From Zillow's monthly rent index (ZORI) for ZIP 91723. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$27,840/yr

At $2,320/mo median

Location

CityCovina

StateCA

CountyLos Angeles County

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (3.2% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+3.2% YoY, +0.4% MoM), not inventory.

Demographics

Who lives here

ZIP 91723 (Covina, CA) is majority renter-occupied, has a median income above the national average, 25.2% of residents hold a bachelor's degree or higher.

Population

17,733

Median income

$94,167

Median age

37.7

Renters

56.1%

Age distribution

20.3%

25%

26.5%

15.3%

12.9%

Under 1820.3%

18–3425%

35–5426.5%

55–6415.3%

65+12.9%

Gender

48.3%

51.7%

Male48.3%

Female51.7%

Race & ethnicity

28.8%

61.6%

White28.8%

Black5.2%

Hispanic61.6%

Asian11%

Education (25+)

25.3%

37.9%

25.2%

No HS diploma11.6%

HS diploma25.3%

Some college37.9%

Bachelor's+25.2%

Housing tenure

43.9%

56.1%

Owner43.9%

Renter56.1%

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

2023 vs 2026

How ZIP 91723 in Covina, CA has changed in 5 years

Rent

$2,004 → $2,320

up 15.8%

Income

$73,977 → $94,167

up 27.3%

Population

18,398 → 17,733

down 3.6%

Renter share

60% → 56.1%

-3.9 pts

Bachelor's+

23.3% → 25.2%

+1.9 pts

Median age

37.1 → 37.7

+0.6 yrs

Compared with 2023, rent in ZIP 91723 in Covina, CA has increased by $316 per month, settling near $2,320 after starting the period at $2,004. Local incomes tracked alongside that move, going from a median of $73,977 in 2021 to $94,167 more recently. Income growth outran rent by about 11.5 percentage points, easing the affordability math somewhat compared with 2021. Headcount in the area went from 18,398 to 17,733 between 2021 and 2024, a 3.6% change. About 56.1% of households rent today, against 60% in 2021. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 91723 in Covina, CA market of 2023.

Community

Discussions about ZIP 91723

No discussions yet. Start the conversation.

Local insights

Tips for renters in ZIP 91723

About renting in ZIP 91723

Last updated: October 17, 2026

ZIP code 91723 covers Covina, CA. The median rent here is $2,320/mo as of October 2026. A 1-bedroom rents for a median of $1,880/mo. A 2-bedroom rents for a median of $2,340/mo.

At 30% of local median household income ($94,167/yr), ZIP 91723 ranks as moderate compared to the national benchmark of 30%. Rents have increased 3.2% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 91723?

To keep rent at or below 30% of gross income, you would need to earn at least $93,000/year (about $45/hour full-time) to afford the median rent of $2,320/mo in ZIP 91723. The local median household income is $94,167/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 91723?

Rent in ZIP 91723 has risen 3.2% over the past year as of September 2026. It sits 1.1% below its high of $2,345 in June 2026.

How does ZIP 91723 compare to other ZIPs in California?

ZIP 91723 is one of the more affordable among California ZIP codes for rent, ranking #702 of 898 at $2,320/mo. Over the year to September 2026, rent in ZIP 91723 changed +3.2%, against a typical +3.2% across the 819 California ZIP codes Zillow tracks.