ZIP Code · CA

ZIP 92220

Part of Banning, CA
Pop. 33,755·Riverside County·829th most expensive ZIP in California
Median rent (all units)
$1,870/mo
Year-over-Year
+4.2%
Month-over-Month
+1.5%
vs US Median
-$62
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 92220 · $1,870
More expensive than 54% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,600
1 BR
$1,670
2 BR
$2,080
3 BR
$2,780
4 BR+
$3,380
Research median
$2,080/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

Past year vs. the rest of California

Rent in ZIP 92220 changed +4.2% 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 6 of the last 12 months.

What a typical income covers

30% of the median household income ($62,599) is $1,565 a month. That is less than HUD's Fair Market Rent for a studio ($1,600).

From Zillow's monthly rent index (ZORI) for ZIP 92220. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$22,440/yr
At $1,870/mo median
Location
StateCA
CountyRiverside County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 4.2% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+4.2% YoY, +1.5% MoM), not inventory.
Demographics

Who lives here

ZIP 92220 (Banning, CA) is majority owner-occupied, has a large retiree population, has a median income below the national average, 16.1% of residents hold a bachelor's degree or higher.

Population
33,755
Median income
$62,599
Median age
41.6
Renters
29.1%
Age distribution
22.1%
20.4%
19.3%
26.8%
Under 1822.1%
18–3420.4%
35–5419.3%
55–6411.4%
65+26.8%
Gender
51%
49%
Male51%
Female49%
Race & ethnicity
38.9%
49.5%
White38.9%
Black7.7%
Hispanic49.5%
Asian5.3%
Education (25+)
17.4%
31.8%
34.7%
16.1%
No HS diploma17.4%
HS diploma31.8%
Some college34.7%
Bachelor's+16.1%
Housing tenure
70.9%
29.1%
Owner70.9%
Renter29.1%

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

2021 vs 2026

How ZIP 92220 in Banning, CA has changed in 5 years

Income
$48,622 → $62,599
up 28.7%
Population
32,523 → 33,755
up 3.8%
Renter share
30.2% → 29.1%
-1.1 pts
Bachelor's+
15.8% → 16.1%
+0.3 pts
Median age
42.5 → 41.6
-0.9 yrs

Local incomes tracked alongside that move, going from a median of $48,622 in 2021 to $62,599 more recently. Census counts show ZIP 92220 in Banning, CA adding about 1,232 residents over the five-year window, up 3.8% on net.

Community

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Local insights

Tips for renters in ZIP 92220

About renting in ZIP 92220

Last updated: October 17, 2026

ZIP code 92220 covers Banning, CA. The median rent here is $1,870/mo as of October 2026. A 1-bedroom rents for a median of $1,670/mo. A 2-bedroom rents for a median of $2,080/mo.

At 36% of local median household income ($62,599/yr), ZIP 92220 ranks as moderate compared to the national benchmark of 30%. Rents have increased 4.2% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 92220?

To keep rent at or below 30% of gross income, you would need to earn at least $75,000/year (about $36/hour full-time) to afford the median rent of $1,870/mo in ZIP 92220. The local median household income is $62,599/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 92220?

Rent in ZIP 92220 has risen 4.2% over the past year.

How does ZIP 92220 compare to other ZIPs in California?

ZIP 92220 is one of the more affordable among California ZIP codes for rent, ranking #829 of 898 at $1,870/mo. Over the year to September 2026, rent in ZIP 92220 changed +4.2%, against a typical +3.2% across the 819 California ZIP codes Zillow tracks.

How does ZIP 92220 compare to the rest of Banning?

ZIP 92220 sits right at the Banning citywide median of $1,870/mo.
Income Affordability
36%
MODERATE

At $1,870/mo, rent takes ~36% of ZIP 92220's median household income ($62,599/yr). The standard benchmark is 30%.

ZIP 92220 36%Benchmark 30%
State income tax1–13.3%
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Schools nearby

Public schools near ZIP 92220 (Banning, CA)

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