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ZIP Code · CA

ZIP 92508

Pop. 36,909·Riverside County·363rd most expensive ZIP in California
Median rent (all units)
$2,967/mo
Year-over-Year
+16.9%
Month-over-Month
+3.5%
vs US Median
+$1,002
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 92508 · $2,967
More expensive than 89% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$2,520
1 BR
$2,650
2 BR
$3,280
3 BR
$4,340
4 BR+
$5,240
Research median
$3,280/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
$35,604/yr
At $2,967/mo median
Location
StateCA
CountyRiverside County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 16.9% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+16.9% YoY, +3.5% MoM), not inventory.
Demographics

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.

Population
36,909
Median income
$147,674
Median age
37
Renters
20.6%
Age distribution
24.9%
21.4%
29.7%
12.3%
Under 1824.9%
18–3421.4%
35–5429.7%
55–6411.7%
65+12.3%
Gender
47.4%
52.6%
Male47.4%
Female52.6%
Race & ethnicity
43.7%
38%
13.1%
White43.7%
Black5.5%
Hispanic38%
Asian13.1%
Education (25+)
21.8%
33%
37.3%
No HS diploma7.9%
HS diploma21.8%
Some college33%
Bachelor's+37.3%
Housing tenure
79.4%
20.6%
Owner79.4%
Renter20.6%

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

2021 vs 2026

How ZIP 92508 in Riverside, CA has changed in 5 years

Rent
$1,999 → $2,967
up 48.4%
Income
$129,794 → $147,674
up 13.8%
Population
36,191 → 36,909
up 2.0%
Renter share
19.7% → 20.6%
+0.9 pts
Bachelor's+
35.3% → 37.3%
+2.0 pts
Median age
36.1 → 37
+0.9 yrs

Rent in ZIP 92508 in Riverside, CA has increased 48.4% since 2021, going from about $1,999 per month to roughly $2,967 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 34.6 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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About renting in ZIP 92508

Last updated: July 20, 2026

ZIP code 92508 covers Riverside, CA. The median rent here is $2,967/mo as of July 2026. A 1-bedroom rents for a median of $2,650/mo. A 2-bedroom rents for a median of $3,280/mo.

At 24% of local median household income ($147,674/yr), ZIP 92508 ranks as affordable compared to the national benchmark of 30%. Rents have increased 16.9% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 92508?

As of July 20, 2026, the median monthly rent in ZIP 92508 (Riverside, CA) is $2,967. This is based on aggregated data from public sources and community submissions.

How does ZIP 92508 rent compare to the US average?

ZIP 92508's median rent of $2,967/mo is $1,002 (51%) above the US national median of $1,965/mo.

How does ZIP 92508 compare to other ZIPs in California?

ZIP 92508 falls in the middle range for California, ranking #363 out of 907 ZIPs at $2,967/mo.

How much income do you need to rent in ZIP 92508?

To keep rent at or below 30% of gross income, you would need to earn at least $119,000/year (~$57/hour full-time) to afford the median rent of $2,967/mo in ZIP 92508. The local median household income is $147,674/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 92508?

Rent in ZIP 92508 has increased 16.9% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 92508 an affordable place to rent?

ZIP 92508 is considered very affordable for renters. At $2,967/mo, rent takes approximately 24% of the local median household income ($147,674/yr). The standard benchmark is 30%. ZIP 92508 falls comfortably within that range.

What percentage of ZIP 92508 residents rent vs. own?

According to Census data, approximately 20.6% of ZIP 92508 households are renters, while 79.4% are owner-occupied. ZIP 92508 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 92508 compare to the rest of Riverside?

ZIP 92508 is pricier than Riverside as a whole. At $2,967/mo, it's $547 above the Riverside citywide median of $2,420/mo.

When was rent data for ZIP 92508 last updated?

Rent data for ZIP 92508 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
24%
VERY AFFORDABLE

At $2,967/mo, rent takes ~24% of ZIP 92508's median household income ($147,674/yr). The standard benchmark is 30%.

ZIP 92508 24%Benchmark 30%
State income tax1–13.3%
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Schools nearby

Public schools near ZIP 92508 (Riverside, CA)

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