ZIP Code · CA

ZIP 91724

Part of Covina, CA

Pop. 28,352·Los Angeles County·386th most expensive ZIP in California

Median rent (all units)

$2,896/mo

Year-over-Year

Stable

Month-over-Month

+1.8%

vs US Median

+$964

Reported rents

Rising (Monthly)

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Most AffordableMost Expensive

ZIP 91724 · $2,896

More expensive than 89% of US ZIP codes · National median $1,932/mo

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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$2,060

1 BR

$2,300

2 BR

$2,870

3 BR

$3,640

4 BR+

$4,050

Research median

$2,870/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

What a typical income covers

30% of the median household income ($103,163) is $2,579 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($2,300); a 2-bedroom is $2,870.

Cheaper nearby

ZIP 91723, 2 miles away, rents for 20% less ($2,320/mo), about $6,900 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 91724. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$34,752/yr

At $2,896/mo median

Location

CityCovina

StateCA

CountyLos Angeles County

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (0.0% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+0.0% YoY, +1.8% MoM), not inventory.

Demographics

Who lives here

ZIP 91724 (Covina, CA) is majority owner-occupied, has a median income above the national average, 35.5% of residents hold a bachelor's degree or higher.

Population

28,352

Median income

$103,163

Median age

Renters

33.2%

Age distribution

21.5%

24.9%

24.6%

14.3%

14.8%

Under 1821.5%

18–3424.9%

35–5424.6%

55–6414.3%

65+14.8%

Gender

50.2%

49.8%

Male50.2%

Female49.8%

Race & ethnicity

30.3%

52.6%

15.4%

White30.3%

Black4.6%

Hispanic52.6%

Asian15.4%

Education (25+)

24.3%

31%

35.5%

No HS diploma9.2%

HS diploma24.3%

Some college31%

Bachelor's+35.5%

Housing tenure

66.8%

33.2%

Owner66.8%

Renter33.2%

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

2021 vs 2026

How ZIP 91724 in Covina, CA has changed in 5 years

Income

$90,799 → $103,163

up 13.6%

Population

29,309 → 28,352

down 3.3%

Renter share

29.8% → 33.2%

+3.4 pts

Bachelor's+

32.3% → 35.5%

+3.2 pts

Median age

39 → 38

-1.0 yrs

On the earnings side, the typical household in ZIP 91724 in Covina, CA now reports about $103,163, up from $90,799 in 2021. Census counts show ZIP 91724 in Covina, CA losing about 957 residents over the five-year window, down 3.3% on net. The renter share has risen from 29.8% to 33.2%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 32.3% to 35.5% across the same window.

Community

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Local insights

Tips for renters in ZIP 91724

About renting in ZIP 91724

Last updated: October 17, 2026

ZIP code 91724 covers Covina, CA. The median rent here is $2,896/mo as of October 2026. A 1-bedroom rents for a median of $2,300/mo. A 2-bedroom rents for a median of $2,870/mo.

At 34% of local median household income ($103,163/yr), ZIP 91724 ranks as moderate compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 91724?

To keep rent at or below 30% of gross income, you would need to earn at least $116,000/year (about $56/hour full-time) to afford the median rent of $2,896/mo in ZIP 91724. The local median household income is $103,163/yr, so the typical household falls short of that bar.