ZIP 92508
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12-month history
Last updated: October 17, 2026
What the numbers show
January. Asking rents in ZIP 92508 usually run 1.9% below trend in January and 1.6% above it in June, about $95 a month apart at today's median. Based on 8 years of data.
Rent in ZIP 92508 is 1.2% below its high of $2,754 in June 2026, at $2,721 as of September 2026.
Rent in ZIP 92508 changed +2.6% over the year to September 2026. Across the 819 California ZIP codes Zillow tracks, the typical change was +3.2%.
From 2019 to 2024, rent in ZIP 92508 rose 49.8% while median household income rose 26.2% ($116,976 to $147,674). Rent outpaced income.
Rent in ZIP 92508 is 51.8% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent has fallen 2 months in a row, and rose in 6 of the last 12 months.
30% of the median household income ($147,674) is $3,692 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($3,280); a 3-bedroom is $4,340.
6th cheapest of 7 ZIP codes in Riverside.
ZIP 92504, 4 miles away, rents for 12% less ($2,383/mo), about $4,100 a year in savings.
From Zillow's monthly rent index (ZORI) for ZIP 92508. 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.
Who lives here
ZIP 92508 (Riverside, CA) is majority owner-occupied, has a median income above the national average, 37.3% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How ZIP 92508 in Riverside, CA has changed in 5 years
Rent in ZIP 92508 in Riverside, CA has increased 34.2% since 2021, going from about $2,028 per month to roughly $2,721 today. Median household income grew from $129,794 to $147,674 between 2021 and 2024, a 13.8% shift. Rent outpaced income growth by roughly 20.4 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 36,191 to 36,909 between 2021 and 2024, a 2.0% change. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 35.3% to 37.3%. Taken together, the five-year picture in ZIP 92508 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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Tips for renters in ZIP 92508
Last updated: October 17, 2026
ZIP code 92508 covers Riverside, CA. The median rent here is $2,721/mo as of October 2026. A 1-bedroom rents for a median of $2,650/mo. A 2-bedroom rents for a median of $3,280/mo.
At 22% of local median household income ($147,674/yr), ZIP 92508 ranks as affordable compared to the national benchmark of 30%. Rents have increased 2.6% over the past year.
Frequently asked questions
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How does ZIP 92508 compare to other ZIPs in California?
How does ZIP 92508 compare to the rest of Riverside?
At $2,721/mo, rent takes ~22% of ZIP 92508's median household income ($147,674/yr). The standard benchmark is 30%.
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