ZIP Code · CA

ZIP 92234

Pop. 52,267·Riverside County·694th most expensive ZIP in California
Median rent (all units)
$2,343/mo
Year-over-Year
+7.7%
Month-over-Month
+1.7%
vs US Median
+$411
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 92234 · $2,343
More expensive than 75% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,650
1 BR
$1,730
2 BR
$2,140
3 BR
$2,830
4 BR+
$3,420
Research median
$2,140/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

Cheapest month to sign

June. Asking rents in ZIP 92234 usually run 1.2% below trend in June and 1.1% above it in October, about $54 a month apart at today's median. Based on 5 years of data.

Compared with the peak

Rent in ZIP 92234 is at its highest level since Zillow's records here began in September 2021.

Past year vs. the rest of California

Rent in ZIP 92234 changed +7.7% over the year to September 2026. Across the 819 California ZIP codes Zillow tracks, the typical change was +3.2%.

Recent direction

Rent has risen 3 months in a row, and rose in 10 of the last 12 months.

What a typical income covers

30% of the median household income ($73,572) is $1,839 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($1,730); a 2-bedroom is $2,140.

Cheaper nearby

ZIP 92262, 6 miles away, rents for 14% less ($2,020/mo), about $3,900 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 92234. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$28,116/yr
At $2,343/mo median
Location
StateCA
CountyRiverside County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 7.7% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+7.7% YoY, +1.7% MoM), not inventory.
Demographics

Who lives here

ZIP 92234 (Cathedral City, CA) is majority owner-occupied, 24.5% of residents hold a bachelor's degree or higher.

Population
52,267
Median income
$73,572
Median age
41.1
Renters
33.5%
Age distribution
20%
21.2%
24%
15.8%
19%
Under 1820%
18–3421.2%
35–5424%
55–6415.8%
65+19%
Gender
53.8%
46.2%
Male53.8%
Female46.2%
Race & ethnicity
36.9%
60.3%
White36.9%
Black2%
Hispanic60.3%
Asian6%
Education (25+)
19.2%
27.6%
28.8%
24.5%
No HS diploma19.2%
HS diploma27.6%
Some college28.8%
Bachelor's+24.5%
Housing tenure
66.5%
33.5%
Owner66.5%
Renter33.5%

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

2022 vs 2026

How ZIP 92234 in Cathedral City, CA has changed in 5 years

Rent
$2,052 → $2,343
up 14.2%
Income
$56,671 → $73,572
up 29.8%
Population
51,836 → 52,267
up 0.8%
Renter share
37.5% → 33.5%
-4.0 pts
Bachelor's+
24.1% → 24.5%
+0.4 pts
Median age
40.3 → 41.1
+0.8 yrs

Across the past five years, the going rent in ZIP 92234 in Cathedral City, CA has shifted from $2,052 to $2,343, up 14.2% since 2022. Census figures show median household income at $73,572 today, compared with $56,671 five years earlier. With wages climbing faster than rent over the same window, renters here have a bit more breathing room than they did five years back. The renter share has eased from 37.5% to 33.5%, with owner-occupied housing accounting for the remainder. The combined trend lines point to a market that has changed measurably from where it stood in early 2022.

Community

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Local insights

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About renting in ZIP 92234

Last updated: October 17, 2026

ZIP code 92234 covers Cathedral City, CA. The median rent here is $2,343/mo as of October 2026. A 1-bedroom rents for a median of $1,730/mo. A 2-bedroom rents for a median of $2,140/mo.

At 38% of local median household income ($73,572/yr), ZIP 92234 ranks as moderate compared to the national benchmark of 30%. Rents have increased 7.7% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 92234?

To keep rent at or below 30% of gross income, you would need to earn at least $94,000/year (about $45/hour full-time) to afford the median rent of $2,343/mo in ZIP 92234. The local median household income is $73,572/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 92234?

Rent in ZIP 92234 has risen 7.7% over the past year as of September 2026. That is the highest level since Zillow's records here began in September 2021.

When is the cheapest time to rent in ZIP 92234?

Asking rents in ZIP 92234 are usually lowest in June, about 1.2% below their yearly trend, and highest in October, about 1.1% above it. At today's median that is a gap of roughly $54 a month. This pattern comes from 5 years of Zillow rent data.

How does ZIP 92234 compare to other ZIPs in California?

ZIP 92234 is one of the more affordable among California ZIP codes for rent, ranking #694 of 898 at $2,343/mo. Over the year to September 2026, rent in ZIP 92234 changed +7.7%, against a typical +3.2% across the 819 California ZIP codes Zillow tracks.

How does ZIP 92234 compare to the rest of Cathedral City?

ZIP 92234 sits right at the Cathedral City citywide median of $2,343/mo.
Income Affordability
38%
MODERATE

At $2,343/mo, rent takes ~38% of ZIP 92234's median household income ($73,572/yr). The standard benchmark is 30%.

ZIP 92234 38%Benchmark 30%
State income tax1–13.3%
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Schools nearby

Public schools near ZIP 92234 (Cathedral City, CA)

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