ZIP Code · CA

ZIP 92507

Pop. 64,015·Riverside County·690th most expensive ZIP in California
Median rent (all units)
$2,346/mo
Year-over-Year
+2.2%
Month-over-Month
+0.6%
vs US Median
+$414
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 92507 · $2,346
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
$1,940
1 BR
$2,030
2 BR
$2,520
3 BR
$3,330
4 BR+
$4,020
Research median
$2,520/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

January. Asking rents in ZIP 92507 usually run 0.7% below trend in January and 0.5% above it in October, about $28 a month apart at today's median. Based on 10 years of data.

Compared with the peak

Rent in ZIP 92507 is at its highest level since Zillow's records here began in January 2016.

Past year vs. the rest of California

Rent in ZIP 92507 changed +2.2% over the year to September 2026. Across the 819 California ZIP codes Zillow tracks, the typical change was +3.2%.

Rent vs. income since 2019

From 2019 to 2024, rent in ZIP 92507 rose 40.5% while median household income rose 46.8% ($51,288 to $75,303). Income kept ahead of rent.

Since before the pandemic

Rent in ZIP 92507 is 42.8% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 7 months in a row, and rose in 9 of the last 12 months.

What a typical income covers

30% of the median household income ($75,303) is $1,883 a month. That is less than HUD's Fair Market Rent for a studio ($1,940).

Rank in Riverside

2nd cheapest of 7 ZIP codes in Riverside.

Cheaper nearby

ZIP 92313, 4 miles away, rents for 10% less ($2,100/mo), about $3,000 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 92507. 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
$28,152/yr
At $2,346/mo median
Location
StateCA
CountyRiverside County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (2.2% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+2.2% YoY, +0.6% MoM), not inventory.
Demographics

Who lives here

ZIP 92507 (Riverside, CA) is majority renter-occupied, skews toward younger working-age adults, 31.5% of residents hold a bachelor's degree or higher.

Population
64,015
Median income
$75,303
Median age
27.1
Renters
62.9%
Age distribution
19.4%
44.3%
21.4%
Under 1819.4%
18–3444.3%
35–5421.4%
55–647.5%
65+7.5%
Gender
49.7%
50.3%
Male49.7%
Female50.3%
Race & ethnicity
26.9%
53.7%
13.6%
White26.9%
Black9.5%
Hispanic53.7%
Asian13.6%
Education (25+)
14.9%
24.7%
28.9%
31.5%
No HS diploma14.9%
HS diploma24.7%
Some college28.9%
Bachelor's+31.5%
Housing tenure
37.1%
62.9%
Owner37.1%
Renter62.9%

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

2021 vs 2026

How ZIP 92507 in Riverside, CA has changed in 5 years

Rent
$1,814 → $2,346
up 29.3%
Income
$61,410 → $75,303
up 22.6%
Population
59,767 → 64,015
up 7.1%
Renter share
64.7% → 62.9%
-1.8 pts
Bachelor's+
29.3% → 31.5%
+2.2 pts
Median age
26.1 → 27.1
+1.0 yrs

Since 2021, the typical rent in ZIP 92507 in Riverside, CA has increased from $1,814 to $2,346, a 29.3% change over five years. Local incomes tracked alongside that move, going from a median of $61,410 in 2021 to $75,303 more recently. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 7.1% since 2021, moving from about 59,767 residents to roughly 64,015. Renters now make up 62.9% of households, compared with 64.7% five years ago. College-educated residents now make up 31.5% of adults here, versus 29.3% in 2021. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 92507 in Riverside, CA market of 2021.

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Local insights

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About renting in ZIP 92507

Last updated: October 17, 2026

ZIP code 92507 covers Riverside, CA. The median rent here is $2,346/mo as of October 2026. A 1-bedroom rents for a median of $2,030/mo. A 2-bedroom rents for a median of $2,520/mo.

At 37% of local median household income ($75,303/yr), ZIP 92507 ranks as moderate compared to the national benchmark of 30%. Rents have increased 2.2% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 92507?

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 $2,346/mo in ZIP 92507. The local median household income is $75,303/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 92507?

Rent in ZIP 92507 has risen 2.2% over the past year as of September 2026. That is the highest level since Zillow's records here began in January 2016.

When is the cheapest time to rent in ZIP 92507?

Asking rents in ZIP 92507 are usually lowest in January, about 0.7% below their yearly trend, and highest in October, about 0.5% above it. At today's median that is a gap of roughly $28 a month. This pattern comes from 10 years of Zillow rent data.

Has rent outpaced income in ZIP 92507?

No. From 2019 to 2024, rent in ZIP 92507 rose 40.5% while median household income rose 46.8%, from $51,288 to $75,303. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 92507 compare to other ZIPs in California?

ZIP 92507 is one of the more affordable among California ZIP codes for rent, ranking #690 of 898 at $2,346/mo. Over the year to September 2026, rent in ZIP 92507 changed +2.2%, against a typical +3.2% across the 819 California ZIP codes Zillow tracks.

How does ZIP 92507 compare to the rest of Riverside?

At $2,346/mo, ZIP 92507 is $81 below the Riverside citywide median of $2,427/mo. It is the 2nd cheapest of 7 ZIP codes in Riverside.
Income Affordability
37%
MODERATE

At $2,346/mo, rent takes ~37% of ZIP 92507's median household income ($75,303/yr). The standard benchmark is 30%.

ZIP 92507 37%Benchmark 30%
State income tax1–13.3%
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Public schools near ZIP 92507 (Riverside, CA)

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