ZIP Code · CA

ZIP 92603

Part of Irvine, CA
Pop. 18,387·Orange County·67th most expensive ZIP in California
Median rent (all units)
$4,315/mo
Year-over-Year
+4.6%
Month-over-Month
+0.5%
vs US Median
+$2,383
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 92603 · $4,315
More expensive than 98% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$3,870
1 BR
$3,960
2 BR
$4,670
3 BR
$6,340
4 BR+
$7,570
Research median
$4,670/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

May. Asking rents in ZIP 92603 usually run 0.7% below trend in May and 0.6% above it in October, about $56 a month apart at today's median. Based on 8 years of data.

Compared with the peak

Rent in ZIP 92603 is at its highest level since Zillow's records here began in January 2018.

Past year vs. the rest of California

Rent in ZIP 92603 changed +4.6% 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 92603 rose 39.4% while median household income rose 18.1% ($146,505 to $173,094). Rent outpaced income.

Since before the pandemic

Rent in ZIP 92603 is 46.4% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 4 months in a row, and rose in 9 of the last 12 months.

What a typical income covers

30% of the median household income ($173,094) is $4,327 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($3,960); a 2-bedroom is $4,670.

Rank in Irvine

8th cheapest of 8 ZIP codes in Irvine.

Cheaper nearby

ZIP 92637, 3 miles away, rents for 29% less ($3,081/mo), about $14,800 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 92603. 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
$51,780/yr
At $4,315/mo median
Location
CityIrvine
StateCA
CountyOrange County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (4.6% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+4.6% YoY, +0.5% MoM), not inventory.
Demographics

Who lives here

ZIP 92603 (Irvine, CA) is roughly split between renters and owners, has a median income above the national average, 75.5% of residents hold a bachelor's degree or higher.

Population
18,387
Median income
$173,094
Median age
41.1
Renters
45%
Age distribution
19.1%
23.8%
27.9%
12.8%
16.5%
Under 1819.1%
18–3423.8%
35–5427.9%
55–6412.8%
65+16.5%
Gender
50.4%
49.6%
Male50.4%
Female49.6%
Race & ethnicity
51.9%
37.9%
White51.9%
Hispanic8.8%
Asian37.9%
Other0.9%
Education (25+)
15.9%
75.5%
No HS diploma2.6%
HS diploma6%
Some college15.9%
Bachelor's+75.5%
Housing tenure
55%
45%
Owner55%
Renter45%

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

2021 vs 2026

How ZIP 92603 in Irvine, CA has changed in 5 years

Rent
$3,066 → $4,315
up 40.7%
Income
$175,012 → $173,094
down 1.1%
Population
19,128 → 18,387
down 3.9%
Renter share
40.8% → 45%
+4.2 pts
Bachelor's+
76.8% → 75.5%
-1.3 pts
Median age
40.4 → 41.1
+0.7 yrs

Across the past five years, the going rent in ZIP 92603 in Irvine, CA has shifted from $3,066 to $4,315, up 40.7% since 2021. Median household income declined from $175,012 to $173,094 between 2021 and 2024, a 1.1% shift. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 92603 in Irvine, CA losing about 741 residents over the five-year window, down 3.9% on net. The renter share has risen from 40.8% to 45%, with owner-occupied housing accounting for the remainder. Taken together, the five-year picture in ZIP 92603 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 92603

Last updated: October 17, 2026

ZIP code 92603 covers Irvine, CA. The median rent here is $4,315/mo as of October 2026. A 1-bedroom rents for a median of $3,960/mo. A 2-bedroom rents for a median of $4,670/mo.

At 30% of local median household income ($173,094/yr), ZIP 92603 ranks as moderate compared to the national benchmark of 30%. Rents have increased 4.6% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 92603?

To keep rent at or below 30% of gross income, you would need to earn at least $173,000/year (about $83/hour full-time) to afford the median rent of $4,315/mo in ZIP 92603. The local median household income is $173,094/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 92603?

Rent in ZIP 92603 has risen 4.6% over the past year as of September 2026. That is the highest level since Zillow's records here began in January 2018.

When is the cheapest time to rent in ZIP 92603?

Asking rents in ZIP 92603 are usually lowest in May, about 0.7% below their yearly trend, and highest in October, about 0.6% above it. At today's median that is a gap of roughly $56 a month. This pattern comes from 8 years of Zillow rent data.

Has rent outpaced income in ZIP 92603?

Yes. From 2019 to 2024, rent in ZIP 92603 rose 39.4% while median household income rose 18.1%, from $146,505 to $173,094. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 92603 compare to other ZIPs in California?

ZIP 92603 is one of the pricier among California ZIP codes for rent, ranking #67 of 898 at $4,315/mo. Over the year to September 2026, rent in ZIP 92603 changed +4.6%, against a typical +3.2% across the 819 California ZIP codes Zillow tracks.

How does ZIP 92603 compare to the rest of Irvine?

At $4,315/mo, ZIP 92603 is $711 above the Irvine citywide median of $3,604/mo. It is the 8th cheapest of 8 ZIP codes in Irvine.
Income Affordability
30%
MODERATE

At $4,315/mo, rent takes ~30% of ZIP 92603's median household income ($173,094/yr). The standard benchmark is 30%.

ZIP 92603 30%Benchmark 30%
State income tax1–13.3%
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Public schools near ZIP 92603 (Irvine, CA)

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