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ZIP Code · CA

ZIP 92503

Pop. 88,395·Riverside County·680th most expensive ZIP in California
Median rent (all units)
$2,377/mo
Year-over-Year
+0.8%
Month-over-Month
+0.4%
vs US Median
+$412
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 92503 · $2,377
More expensive than 75% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,850
1 BR
$1,940
2 BR
$2,400
3 BR
$3,180
4 BR+
$3,830
Research median
$2,400/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
$28,524/yr
At $2,377/mo median
Location
StateCA
CountyRiverside County
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+0.8% YoY, +0.4% MoM), not inventory.
Demographics

Who lives here

ZIP 92503 (Riverside, CA) is majority owner-occupied, has a median income above the national average, 21.3% of residents hold a bachelor's degree or higher.

Population
88,395
Median income
$96,268
Median age
35
Renters
33%
Age distribution
24.9%
25.1%
26.8%
12%
Under 1824.9%
18–3425.1%
35–5426.8%
55–6411.1%
65+12%
Gender
49.5%
50.5%
Male49.5%
Female50.5%
Race & ethnicity
29%
61.2%
White29%
Black3.7%
Hispanic61.2%
Asian7.9%
Education (25+)
19.8%
32.3%
26.5%
21.3%
No HS diploma19.8%
HS diploma32.3%
Some college26.5%
Bachelor's+21.3%
Housing tenure
67%
33%
Owner67%
Renter33%

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

2021 vs 2026

How ZIP 92503 in Riverside, CA has changed in 5 years

Rent
$1,810 → $2,377
up 31.3%
Income
$80,594 → $96,268
up 19.4%
Population
90,256 → 88,395
down 2.1%
Renter share
33.1% → 33%
-0.1 pts
Bachelor's+
18.4% → 21.3%
+2.9 pts
Median age
33.8 → 35
+1.2 yrs

Compared with 2021, rent in ZIP 92503 in Riverside, CA has climbed by $567 per month, settling near $2,377 after starting the period at $1,810. Median household income grew from $80,594 to $96,268 between 2021 and 2024, a 19.4% shift. Rent outpaced income growth by roughly 11.9 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 90,256 to 88,395 between 2021 and 2024, a 2.1% change. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 18.4% to 21.3%. Taken together, the five-year picture in ZIP 92503 in Riverside, CA reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.

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Local insights

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About renting in ZIP 92503

Last updated: July 20, 2026

ZIP code 92503 covers Riverside, CA. The median rent here is $2,377/mo as of July 2026. A 1-bedroom rents for a median of $1,940/mo. A 2-bedroom rents for a median of $2,400/mo.

At 30% of local median household income ($96,268/yr), ZIP 92503 ranks as moderate compared to the national benchmark of 30%. Rents have increased 0.8% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 92503?

As of July 20, 2026, the median monthly rent in ZIP 92503 (Riverside, CA) is $2,377. This is based on aggregated data from public sources and community submissions.

How does ZIP 92503 rent compare to the US average?

ZIP 92503's median rent of $2,377/mo is $412 (21%) above the US national median of $1,965/mo.

How does ZIP 92503 compare to other ZIPs in California?

ZIP 92503 is among the more affordable ZIP codes in California, ranking #680 out of 907 ZIPs at $2,377/mo.

How much income do you need to rent in ZIP 92503?

To keep rent at or below 30% of gross income, you would need to earn at least $95,000/year (~$46/hour full-time) to afford the median rent of $2,377/mo in ZIP 92503. The local median household income is $96,268/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 92503?

Rent in ZIP 92503 has increased 0.8% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 92503 an affordable place to rent?

ZIP 92503 is considered moderate for renters. At $2,377/mo, rent takes approximately 30% of the local median household income ($96,268/yr). The standard benchmark is 30%. ZIP 92503 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 92503 residents rent vs. own?

According to Census data, approximately 33% of ZIP 92503 households are renters, while 67% are owner-occupied. ZIP 92503 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 92503 compare to the rest of Riverside?

ZIP 92503 is more affordable than Riverside overall. At $2,377/mo, it's $43 below the Riverside citywide median of $2,420/mo.

When was rent data for ZIP 92503 last updated?

Rent data for ZIP 92503 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
30%
MODERATE

At $2,377/mo, rent takes ~30% of ZIP 92503's median household income ($96,268/yr). The standard benchmark is 30%.

ZIP 92503 30%Benchmark 30%
State income tax1–13.3%
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Schools nearby

Public schools near ZIP 92503 (Riverside, CA)

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