ZIP Code · CA

ZIP 92504

Part of Riverside, CA

Pop. 57,132·Riverside County·671st most expensive ZIP in California

Median rent (all units)

$2,383/mo

Year-over-Year

+1.1%

Month-over-Month

-1.0%

vs US Median

+$451

Reported rents

Falling (Monthly)

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Most AffordableMost Expensive

ZIP 92504 · $2,383

More expensive than 76% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$1,710

1 BR

$1,800

2 BR

$2,230

3 BR

$2,950

4 BR+

$3,560

Research median

$2,230/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

Compared with the peak

Rent in ZIP 92504 is 1% below its high of $2,407 in August 2026, at $2,383 as of September 2026.

Past year vs. the rest of California

Rent in ZIP 92504 changed +1.1% 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 5 of the last 12 months.

What a typical income covers

30% of the median household income ($92,477) is $2,312 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($2,230); a 3-bedroom is $2,950.

Rank in Riverside

3rd cheapest of 7 ZIP codes in Riverside.

From Zillow's monthly rent index (ZORI) for ZIP 92504. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$28,596/yr

At $2,383/mo median

Location

CityRiverside

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 (+1.1% YoY, -1.0% MoM), not inventory.

Demographics

Who lives here

ZIP 92504 (Riverside, CA) is majority owner-occupied, has a median income above the national average, 21.5% of residents hold a bachelor's degree or higher.

Population

57,132

Median income

$92,477

Median age

37.3

Renters

35.6%

Age distribution

21.3%

25.4%

26.2%

15.8%

Under 1821.3%

18–3425.4%

35–5426.2%

55–6411.3%

65+15.8%

Gender

49.3%

50.7%

Male49.3%

Female50.7%

Race & ethnicity

35.6%

55.6%

White35.6%

Black9.2%

Hispanic55.6%

Asian4.5%

Education (25+)

17.1%

31.4%

30%

21.5%

No HS diploma17.1%

HS diploma31.4%

Some college30%

Bachelor's+21.5%

Housing tenure

64.4%

35.6%

Owner64.4%

Renter35.6%

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

2022 vs 2026

How ZIP 92504 in Riverside, CA has changed in 5 years

Rent

$1,919 → $2,383

up 24.2%

Income

$73,153 → $92,477

up 26.4%

Population

58,173 → 57,132

down 1.8%

Renter share

38.6% → 35.6%

-3.0 pts

Bachelor's+

19.5% → 21.5%

+2.0 pts

Median age

34.8 → 37.3

+2.5 yrs

The median rent in ZIP 92504 in Riverside, CA stood at $1,919 in 2022 and currently runs about $2,383, reflecting a 24.2% increase over the period. Local incomes tracked alongside that move, going from a median of $73,153 in 2021 to $92,477 more recently. The population has contracted by 1.8% since 2021, moving from about 58,173 residents to roughly 57,132. Renters now make up 35.6% of households, compared with 38.6% five years ago. College-educated residents now make up 21.5% of adults here, versus 19.5% in 2021. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 92504 in Riverside, CA market of 2022.

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About renting in ZIP 92504

Last updated: October 17, 2026

ZIP code 92504 covers Riverside, CA. The median rent here is $2,383/mo as of October 2026. A 1-bedroom rents for a median of $1,800/mo. A 2-bedroom rents for a median of $2,230/mo.

At 31% of local median household income ($92,477/yr), ZIP 92504 ranks as moderate compared to the national benchmark of 30%. Rents have increased 1.1% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 92504?

To keep rent at or below 30% of gross income, you would need to earn at least $95,000/year (about $46/hour full-time) to afford the median rent of $2,383/mo in ZIP 92504. The local median household income is $92,477/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 92504?

Rent in ZIP 92504 has risen 1.1% over the past year as of September 2026. It sits 1% below its high of $2,407 in August 2026.

How does ZIP 92504 compare to other ZIPs in California?

ZIP 92504 is one of the more affordable among California ZIP codes for rent, ranking #671 of 898 at $2,383/mo. Over the year to September 2026, rent in ZIP 92504 changed +1.1%, against a typical +3.2% across the 819 California ZIP codes Zillow tracks.