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ZIP Code · CA

ZIP 92532

Pop. 28,055·Riverside County·381st most expensive ZIP in California
Median rent (all units)
$2,929/mo
Year-over-Year
-2.8%
Month-over-Month
+7.2%
vs US Median
+$967
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 92532 · $2,929
More expensive than 89% of US ZIP codes · National median $1,962/mo
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Medians by bedroom

Rent by unit size

Studio
$2,350
1 BR
$2,460
2 BR
$3,050
3 BR
$4,040
4 BR+
$4,870
Research median
$3,050/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: August 17, 2026

Annual cost
$35,148/yr
At $2,929/mo median
Location
StateCA
CountyRiverside County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 2.8% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (-2.8% YoY, +7.2% MoM), not inventory.
Demographics

Who lives here

ZIP 92532 (Lake Elsinore, CA) is majority owner-occupied, has a large share of families with children, has a median income above the national average, 33.2% of residents hold a bachelor's degree or higher.

Population
28,055
Median income
$122,312
Median age
34.2
Renters
25.3%
Age distribution
26.9%
24%
29.1%
Under 1826.9%
18–3424%
35–5429.1%
55–648.2%
65+11.7%
Gender
50.6%
49.4%
Male50.6%
Female49.4%
Race & ethnicity
46.6%
37.5%
White46.6%
Black7.9%
Hispanic37.5%
Asian12.1%
Education (25+)
19.4%
36.5%
33.2%
No HS diploma10.9%
HS diploma19.4%
Some college36.5%
Bachelor's+33.2%
Housing tenure
74.7%
25.3%
Owner74.7%
Renter25.3%

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

2021 vs 2026

How ZIP 92532 in Lake Elsinore, CA has changed in 5 years

Income
$94,752 → $122,312
up 29.1%
Population
26,840 → 28,055
up 4.5%
Renter share
24.6% → 25.3%
+0.7 pts
Bachelor's+
29.7% → 33.2%
+3.5 pts
Median age
32.2 → 34.2
+2.0 yrs

Median household income rose from $94,752 to $122,312 between 2021 and 2024, a 29.1% shift. The population has grown by 4.5% since 2021, moving from about 26,840 residents to roughly 28,055. College-educated residents now make up 33.2% of adults here, versus 29.7% in 2021.

Community

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Local insights

Tips for renters in ZIP 92532

About renting in ZIP 92532

Last updated: August 17, 2026

ZIP code 92532 covers Lake Elsinore, CA. The median rent here is $2,929/mo as of August 2026. A 1-bedroom rents for a median of $2,460/mo. A 2-bedroom rents for a median of $3,050/mo.

At 29% of local median household income ($122,312/yr), ZIP 92532 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 2.8% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 92532?

As of August 17, 2026, the median monthly rent in ZIP 92532 (Lake Elsinore, CA) is $2,929. This is based on aggregated data from public sources and community submissions.

How does ZIP 92532 rent compare to the US average?

ZIP 92532's median rent of $2,929/mo is $967 (49%) above the US national median of $1,962/mo.

How does ZIP 92532 compare to other ZIPs in California?

ZIP 92532 falls in the middle range for California, ranking #381 out of 897 ZIPs at $2,929/mo.

How much income do you need to rent in ZIP 92532?

To keep rent at or below 30% of gross income, you would need to earn at least $117,000/year (~$56/hour full-time) to afford the median rent of $2,929/mo in ZIP 92532. The local median household income is $122,312/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 92532?

Rent in ZIP 92532 has decreased 2.8% over the past year as of August 17, 2026, offering some relief compared to 12 months ago.

Is ZIP 92532 an affordable place to rent?

ZIP 92532 is considered affordable for renters. At $2,929/mo, rent takes approximately 29% of the local median household income ($122,312/yr). The standard benchmark is 30%. ZIP 92532 falls comfortably within that range.

What percentage of ZIP 92532 residents rent vs. own?

According to Census data, approximately 25.3% of ZIP 92532 households are renters, while 74.7% are owner-occupied. ZIP 92532 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 92532 compare to the rest of Lake Elsinore?

ZIP 92532 is pricier than Lake Elsinore as a whole. At $2,929/mo, it's $515 above the Lake Elsinore citywide median of $2,414/mo.

When was rent data for ZIP 92532 last updated?

Rent data for ZIP 92532 reflects August 17, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
29%
AFFORDABLE

At $2,929/mo, rent takes ~29% of ZIP 92532's median household income ($122,312/yr). The standard benchmark is 30%.

ZIP 92532 29%Benchmark 30%
State income tax1–13.3%
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