ZIP Code · CA

ZIP 92606

Part of Irvine, CA
Pop. 23,990·Orange County·196th most expensive ZIP in California
Median rent (all units)
$3,450/mo
Year-over-Year
+3.8%
Month-over-Month
+0.6%
vs US Median
+$1,518
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 92606 · $3,450
More expensive than 95% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$3,220
1 BR
$3,300
2 BR
$3,890
3 BR
$5,280
4 BR+
$6,310
Research median
$3,890/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 92606 usually run 0.9% below trend in April and 1% above it in October, about $66 a month apart at today's median. Based on 11 years of data.

Compared with the peak

Rent in ZIP 92606 is at its highest level since Zillow's records here began in January 2015.

Past year vs. the rest of California

Rent in ZIP 92606 changed +3.8% 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 92606 rose 38.3% while median household income rose 31.7% ($102,991 to $135,598). Rent outpaced income.

Since before the pandemic

Rent in ZIP 92606 is 40.5% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 3 months in a row, and rose in 11 of the last 12 months.

What a typical income covers

30% of the median household income ($135,598) is $3,390 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($3,300); a 2-bedroom is $3,890.

Rank in Irvine

1st cheapest of 8 ZIP codes in Irvine.

Cheaper nearby

ZIP 92780, 2 miles away, rents for 23% less ($2,669/mo), about $9,400 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 92606. 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
$41,400/yr
At $3,450/mo median
Location
CityIrvine
StateCA
CountyOrange County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (3.8% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+3.8% YoY, +0.6% MoM), not inventory.
Demographics

Who lives here

ZIP 92606 (Irvine, CA) is majority renter-occupied, has a median income above the national average, 66.2% of residents hold a bachelor's degree or higher.

Population
23,990
Median income
$135,598
Median age
34.3
Renters
64.1%
Age distribution
21.4%
29.1%
25.2%
13.4%
Under 1821.4%
18–3429.1%
35–5425.2%
55–6413.4%
65+10.9%
Gender
51.8%
48.2%
Male51.8%
Female48.2%
Race & ethnicity
30.1%
45.5%
White30.1%
Black1.5%
Hispanic11.5%
Asian45.5%
Other11.4%
Education (25+)
18.9%
66.2%
No HS diploma4.5%
HS diploma10.5%
Some college18.9%
Bachelor's+66.2%
Housing tenure
35.9%
64.1%
Owner35.9%
Renter64.1%

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

2021 vs 2026

How ZIP 92606 in Irvine, CA has changed in 5 years

Rent
$2,554 → $3,450
up 35.1%
Income
$124,586 → $135,598
up 8.8%
Population
25,126 → 23,990
down 4.5%
Renter share
61.1% → 64.1%
+3.0 pts
Bachelor's+
67% → 66.2%
-0.8 pts

Since 2021, the typical rent in ZIP 92606 in Irvine, CA has climbed from $2,554 to $3,450, a 35.1% change over five years. Census figures show median household income at $135,598 today, compared with $124,586 five years earlier. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has contracted by 4.5% since 2021, moving from about 25,126 residents to roughly 23,990. Renters now make up 64.1% of households, compared with 61.1% five years ago. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.

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Local insights

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About renting in ZIP 92606

Last updated: October 17, 2026

ZIP code 92606 covers Irvine, CA. The median rent here is $3,450/mo as of October 2026. A 1-bedroom rents for a median of $3,300/mo. A 2-bedroom rents for a median of $3,890/mo.

At 31% of local median household income ($135,598/yr), ZIP 92606 ranks as moderate compared to the national benchmark of 30%. Rents have increased 3.8% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 92606?

To keep rent at or below 30% of gross income, you would need to earn at least $138,000/year (about $66/hour full-time) to afford the median rent of $3,450/mo in ZIP 92606. The local median household income is $135,598/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 92606?

Rent in ZIP 92606 has risen 3.8% 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 92606?

Asking rents in ZIP 92606 are usually lowest in April, about 0.9% below their yearly trend, and highest in October, about 1% above it. At today's median that is a gap of roughly $66 a month. This pattern comes from 11 years of Zillow rent data.

Has rent outpaced income in ZIP 92606?

Yes. From 2019 to 2024, rent in ZIP 92606 rose 38.3% while median household income rose 31.7%, from $102,991 to $135,598. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 92606 compare to other ZIPs in California?

ZIP 92606 is one of the pricier among California ZIP codes for rent, ranking #196 of 898 at $3,450/mo. Over the year to September 2026, rent in ZIP 92606 changed +3.8%, against a typical +3.2% across the 819 California ZIP codes Zillow tracks.

How does ZIP 92606 compare to the rest of Irvine?

At $3,450/mo, ZIP 92606 is $154 below the Irvine citywide median of $3,604/mo. It is the 1st cheapest of 8 ZIP codes in Irvine.
Income Affordability
31%
MODERATE

At $3,450/mo, rent takes ~31% of ZIP 92606's median household income ($135,598/yr). The standard benchmark is 30%.

ZIP 92606 31%Benchmark 30%
State income tax1–13.3%
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Public schools near ZIP 92606 (Irvine, CA)

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