ZIP Code · CA

ZIP 92506

Part of Riverside, CA

Pop. 45,086·Riverside County·366th most expensive ZIP in California

Median rent (all units)

$2,945/mo

Year-over-Year

+3.2%

Month-over-Month

-0.9%

vs US Median

+$1,013

Reported rents

Falling (Monthly)

Be the first to discuss 92506 rents ↓

Most AffordableMost Expensive

ZIP 92506 · $2,945

More expensive than 90% of US ZIP codes · National median $1,932/mo

Rent check

Is your rent fair?

Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$1,770

1 BR

$1,860

2 BR

$2,300

3 BR

$3,040

4 BR+

$3,670

Research median

$2,300/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

Loading…

Last updated: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in ZIP 92506 is 1.3% below its high of $2,985 in January 2026, at $2,945 as of September 2026.

Past year vs. the rest of California

Rent in ZIP 92506 changed +3.2% 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 ($121,459) is $3,036 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($2,300); a 3-bedroom is $3,040.

Rank in Riverside

7th cheapest of 7 ZIP codes in Riverside.

Cheaper nearby

ZIP 92504, 3 miles away, rents for 19% less ($2,383/mo), about $6,700 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 92506. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$35,340/yr

At $2,945/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 (+3.2% YoY, -0.9% MoM), not inventory.

Demographics

Who lives here

ZIP 92506 (Riverside, CA) is majority owner-occupied, has a median income above the national average, 40.8% of residents hold a bachelor's degree or higher.

Population

45,086

Median income

$121,459

Median age

Renters

22.6%

Age distribution

23%

19.7%

27.8%

13.2%

16.3%

Under 1823%

18–3419.7%

35–5427.8%

55–6413.2%

65+16.3%

Gender

49.7%

50.3%

Male49.7%

Female50.3%

Race & ethnicity

53.2%

39.8%

White53.2%

Black4.5%

Hispanic39.8%

Asian4.4%

Education (25+)

21.2%

30.6%

40.8%

No HS diploma7.5%

HS diploma21.2%

Some college30.6%

Bachelor's+40.8%

Housing tenure

77.4%

22.6%

Owner77.4%

Renter22.6%

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

2022 vs 2026

How ZIP 92506 in Riverside, CA has changed in 5 years

Rent

$2,437 → $2,945

up 20.8%

Income

$107,085 → $121,459

up 13.4%

Population

43,900 → 45,086

up 2.7%

Renter share

25% → 22.6%

-2.4 pts

Bachelor's+

38.5% → 40.8%

+2.3 pts

Median age

38.5 → 40

+1.5 yrs

The median rent in ZIP 92506 in Riverside, CA stood at $2,437 in 2022 and currently runs about $2,945, reflecting a 20.8% increase over the period. Household income in the area moved from $107,085 to $121,459 across the same window, up 13.4% versus 2021. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 2.7% since 2021, moving from about 43,900 residents to roughly 45,086. Renters now make up 22.6% of households, compared with 25% five years ago. College-educated residents now make up 40.8% of adults here, versus 38.5% in 2021. Reading these numbers side by side helps frame whether current listings in ZIP 92506 in Riverside, CA look reasonable against where the market sat half a decade ago.

Community

Discussions about ZIP 92506

No discussions yet. Start the conversation.

Local insights

Tips for renters in ZIP 92506

About renting in ZIP 92506

Last updated: October 17, 2026

ZIP code 92506 covers Riverside, CA. The median rent here is $2,945/mo as of October 2026. A 1-bedroom rents for a median of $1,860/mo. A 2-bedroom rents for a median of $2,300/mo.

At 29% of local median household income ($121,459/yr), ZIP 92506 ranks as affordable compared to the national benchmark of 30%. Rents have increased 3.2% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 92506?

To keep rent at or below 30% of gross income, you would need to earn at least $118,000/year (about $57/hour full-time) to afford the median rent of $2,945/mo in ZIP 92506. The local median household income is $121,459/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 92506?

Rent in ZIP 92506 has risen 3.2% over the past year as of September 2026. It sits 1.3% below its high of $2,985 in January 2026.

How does ZIP 92506 compare to other ZIPs in California?

ZIP 92506 is in the middle among California ZIP codes for rent, ranking #366 of 898 at $2,945/mo. Over the year to September 2026, rent in ZIP 92506 changed +3.2%, against a typical +3.2% across the 819 California ZIP codes Zillow tracks.