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ZIP Code · CA

ZIP 92220

Part of Banning, CA
Pop. 33,755·Riverside County·864th most expensive ZIP in California
Median rent (all units)
$1,767/mo
Year-over-Year
-22.9%
Month-over-Month
-1.3%
vs US Median
-$198
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 92220 · $1,767
More affordable than 54% of US ZIP codes · National median $1,965/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: July 20, 2026

Annual cost
$21,204/yr
At $1,767/mo median
Location
StateCA
CountyRiverside County
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 22.9% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (-22.9% YoY, -1.3% 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: July 20, 2026

ZIP code 92220 covers Banning, CA. The median rent here is $1,767/mo as of July 2026. A 1-bedroom rents for a median of $1,670/mo. A 2-bedroom rents for a median of $2,080/mo.

At 34% of local median household income ($62,599/yr), ZIP 92220 ranks as moderate compared to the national benchmark of 30%. Rents have decreased 22.9% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 92220?

As of July 20, 2026, the median monthly rent in ZIP 92220 (Banning, CA) is $1,767. This is based on aggregated data from public sources and community submissions.

How does ZIP 92220 rent compare to the US average?

ZIP 92220's median rent of $1,767/mo is $198 (10%) below the US national median of $1,965/mo.

How does ZIP 92220 compare to other ZIPs in California?

ZIP 92220 is among the more affordable ZIP codes in California, ranking #864 out of 907 ZIPs at $1,767/mo.

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 $71,000/year (~$34/hour full-time) to afford the median rent of $1,767/mo in ZIP 92220. The local median household income is $62,599/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 92220?

Rent in ZIP 92220 has decreased 22.9% over the past year as of July 20, 2026, offering some relief compared to 12 months ago.

Is ZIP 92220 an affordable place to rent?

ZIP 92220 is considered moderate for renters. At $1,767/mo, rent takes approximately 34% of the local median household income ($62,599/yr). The standard benchmark is 30%. ZIP 92220 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 92220 residents rent vs. own?

According to Census data, approximately 29.1% of ZIP 92220 households are renters, while 70.9% are owner-occupied. ZIP 92220 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 92220 compare to the rest of Banning?

ZIP 92220 sits right at the Banning citywide median of $1,767/mo.

When was rent data for ZIP 92220 last updated?

Rent data for ZIP 92220 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
34%
MODERATE

At $1,767/mo, rent takes ~34% of ZIP 92220's median household income ($62,599/yr). The standard benchmark is 30%.

ZIP 92220 34%Benchmark 30%
State income tax1–13.3%
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Schools nearby

Public schools near ZIP 92220 (Banning, CA)

Recent submissions

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