ZIP Code · CA

ZIP 92602

Part of Irvine, CA
Pop. 28,261·Orange County·170th most expensive ZIP in California
Median rent (all units)
$3,544/mo
Year-over-Year
+3.7%
Month-over-Month
+0.5%
vs US Median
+$1,612
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 92602 · $3,544
More expensive than 96% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$3,270
1 BR
$3,340
2 BR
$3,940
3 BR
$5,350
4 BR+
$6,390
Research median
$3,940/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

April. Asking rents in ZIP 92602 usually run 0.7% below trend in April and 0.7% above it in September, about $50 a month apart at today's median. Based on 11 years of data.

Compared with the peak

Rent in ZIP 92602 is at its highest level since Zillow's records here began in January 2015.

Past year vs. the rest of California

Rent in ZIP 92602 changed +3.7% 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 92602 rose 38.6% while median household income rose 60.4% ($100,745 to $161,620). Income kept ahead of rent.

Since before the pandemic

Rent in ZIP 92602 is 42.3% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 8 months in a row, and rose in 10 of the last 12 months.

What a typical income covers

30% of the median household income ($161,620) is $4,041 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($3,940); a 3-bedroom is $5,350.

Rank in Irvine

4th cheapest of 8 ZIP codes in Irvine.

Cheaper nearby

ZIP 92705, 2 miles away, rents for 11% less ($3,164/mo), about $4,600 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 92602. 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
$42,528/yr
At $3,544/mo median
Location
CityIrvine
StateCA
CountyOrange County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (3.7% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+3.7% YoY, +0.5% MoM), not inventory.
Demographics

Who lives here

ZIP 92602 (Irvine, CA) is roughly split between renters and owners, has a large share of families with children, has a median income above the national average, 75.4% of residents hold a bachelor's degree or higher.

Population
28,261
Median income
$161,620
Median age
36
Renters
51%
Age distribution
25.9%
21.9%
34.4%
Under 1825.9%
18–3421.9%
35–5434.4%
55–6411%
65+6.8%
Gender
49%
51%
Male49%
Female51%
Race & ethnicity
26.9%
14.6%
53.1%
White26.9%
Hispanic14.6%
Asian53.1%
Other5%
Education (25+)
16.1%
75.4%
No HS diploma2.7%
HS diploma5.8%
Some college16.1%
Bachelor's+75.4%
Housing tenure
49%
51%
Owner49%
Renter51%

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

2021 vs 2026

How ZIP 92602 in Irvine, CA has changed in 5 years

Rent
$2,595 → $3,544
up 36.6%
Income
$123,455 → $161,620
up 30.9%
Population
27,425 → 28,261
up 3.0%
Renter share
55.9% → 51%
-4.9 pts
Bachelor's+
65.7% → 75.4%
+9.7 pts
Median age
34.8 → 36
+1.2 yrs

Since 2021, the typical rent in ZIP 92602 in Irvine, CA has climbed from $2,595 to $3,544, a 36.6% change over five years. Median household income rose from $123,455 to $161,620 between 2021 and 2024, a 30.9% shift. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 3.0% since 2021, moving from about 27,425 residents to roughly 28,261. Renters now make up 51% of households, compared with 55.9% five years ago. College-educated residents now make up 75.4% of adults here, versus 65.7% in 2021. Taken together, the five-year picture in ZIP 92602 in Irvine, 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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Local insights

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About renting in ZIP 92602

Last updated: October 17, 2026

ZIP code 92602 covers Irvine, CA. The median rent here is $3,544/mo as of October 2026. A 1-bedroom rents for a median of $3,340/mo. A 2-bedroom rents for a median of $3,940/mo.

At 26% of local median household income ($161,620/yr), ZIP 92602 ranks as affordable compared to the national benchmark of 30%. Rents have increased 3.7% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 92602?

To keep rent at or below 30% of gross income, you would need to earn at least $142,000/year (about $68/hour full-time) to afford the median rent of $3,544/mo in ZIP 92602. The local median household income is $161,620/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 92602?

Rent in ZIP 92602 has risen 3.7% over the past year as of September 2026. That is the highest level since Zillow's records here began in January 2015.

When is the cheapest time to rent in ZIP 92602?

Asking rents in ZIP 92602 are usually lowest in April, about 0.7% below their yearly trend, and highest in September, about 0.7% above it. At today's median that is a gap of roughly $50 a month. This pattern comes from 11 years of Zillow rent data.

Has rent outpaced income in ZIP 92602?

No. From 2019 to 2024, rent in ZIP 92602 rose 38.6% while median household income rose 60.4%, from $100,745 to $161,620. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 92602 compare to other ZIPs in California?

ZIP 92602 is one of the pricier among California ZIP codes for rent, ranking #170 of 898 at $3,544/mo. Over the year to September 2026, rent in ZIP 92602 changed +3.7%, against a typical +3.2% across the 819 California ZIP codes Zillow tracks.

How does ZIP 92602 compare to the rest of Irvine?

At $3,544/mo, ZIP 92602 is $60 below the Irvine citywide median of $3,604/mo. It is the 4th cheapest of 8 ZIP codes in Irvine.
Income Affordability
26%
AFFORDABLE

At $3,544/mo, rent takes ~26% of ZIP 92602's median household income ($161,620/yr). The standard benchmark is 30%.

ZIP 92602 26%Benchmark 30%
State income tax1–13.3%
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Schools nearby

Public schools near ZIP 92602 (Irvine, CA)

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