ZIP Code · CA

ZIP 92627

Pop. 60,393·Orange County·206th most expensive ZIP in California
Median rent (all units)
$3,408/mo
Year-over-Year
+2.0%
Month-over-Month
Stable
vs US Median
+$1,476
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 92627 · $3,408
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
$2,640
1 BR
$2,710
2 BR
$3,190
3 BR
$4,330
4 BR+
$5,170
Research median
$3,190/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

February. Asking rents in ZIP 92627 usually run 0.6% below trend in February and 0.6% above it in June, about $41 a month apart at today's median. Based on 11 years of data.

Compared with the peak

Rent in ZIP 92627 is at its highest level since Zillow's records here began in January 2015.

Past year vs. the rest of California

Rent in ZIP 92627 changed +2.0% 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 92627 rose 37% while median household income rose 36.6% ($79,790 to $108,994). Rent outpaced income.

Since before the pandemic

Rent in ZIP 92627 is 44.4% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 2 months in a row, and rose in 7 of the last 12 months.

What a typical income covers

30% of the median household income ($108,994) is $2,725 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($2,710); a 2-bedroom is $3,190.

Cheaper nearby

ZIP 92663, 2 miles away, rents for 13% less ($2,961/mo), about $5,400 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 92627. 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
$40,896/yr
At $3,408/mo median
Location
StateCA
CountyOrange County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (2.0% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+2.0% YoY, +0.1% MoM), not inventory.
Demographics

Who lives here

ZIP 92627 (Costa Mesa, CA) is majority renter-occupied, has a median income above the national average, 43.7% of residents hold a bachelor's degree or higher.

Population
60,393
Median income
$108,994
Median age
36
Renters
61.5%
Age distribution
19.3%
28.7%
28.3%
12.1%
Under 1819.3%
18–3428.7%
35–5428.3%
55–6411.6%
65+12.1%
Gender
51.4%
48.6%
Male51.4%
Female48.6%
Race & ethnicity
50.6%
41%
White50.6%
Black1.3%
Hispanic41%
Asian4.5%
Other2.7%
Education (25+)
14.5%
18.4%
23.4%
43.7%
No HS diploma14.5%
HS diploma18.4%
Some college23.4%
Bachelor's+43.7%
Housing tenure
38.5%
61.5%
Owner38.5%
Renter61.5%

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

2021 vs 2026

How ZIP 92627 in Costa Mesa, CA has changed in 5 years

Rent
$2,488 → $3,408
up 37.0%
Income
$94,833 → $108,994
up 14.9%
Population
62,575 → 60,393
down 3.5%
Renter share
60.8% → 61.5%
+0.7 pts
Bachelor's+
40.6% → 43.7%
+3.1 pts

Compared with 2021, rent in ZIP 92627 in Costa Mesa, CA has climbed by $920 per month, settling near $3,408 after starting the period at $2,488. Census figures show median household income at $108,994 today, compared with $94,833 five years earlier. Rent outpaced income growth by roughly 22.1 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 62,575 to 60,393 between 2021 and 2024, a 3.5% change. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 40.6% to 43.7%. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.

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About renting in ZIP 92627

Last updated: October 17, 2026

ZIP code 92627 covers Costa Mesa, CA. The median rent here is $3,408/mo as of October 2026. A 1-bedroom rents for a median of $2,710/mo. A 2-bedroom rents for a median of $3,190/mo.

At 38% of local median household income ($108,994/yr), ZIP 92627 ranks as moderate compared to the national benchmark of 30%. Rents have increased 2.0% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 92627?

To keep rent at or below 30% of gross income, you would need to earn at least $136,000/year (about $65/hour full-time) to afford the median rent of $3,408/mo in ZIP 92627. The local median household income is $108,994/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 92627?

Rent in ZIP 92627 has risen 2.0% 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 92627?

Asking rents in ZIP 92627 are usually lowest in February, about 0.6% below their yearly trend, and highest in June, about 0.6% above it. At today's median that is a gap of roughly $41 a month. This pattern comes from 11 years of Zillow rent data.

Has rent outpaced income in ZIP 92627?

Yes. From 2019 to 2024, rent in ZIP 92627 rose 37% while median household income rose 36.6%, from $79,790 to $108,994. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 92627 compare to other ZIPs in California?

ZIP 92627 is one of the pricier among California ZIP codes for rent, ranking #206 of 898 at $3,408/mo. Over the year to September 2026, rent in ZIP 92627 changed +2.0%, against a typical +3.2% across the 819 California ZIP codes Zillow tracks.

How does ZIP 92627 compare to the rest of Costa Mesa?

At $3,408/mo, ZIP 92627 is $287 above the Costa Mesa citywide median of $3,121/mo.
Income Affordability
38%
MODERATE

At $3,408/mo, rent takes ~38% of ZIP 92627's median household income ($108,994/yr). The standard benchmark is 30%.

ZIP 92627 38%Benchmark 30%
State income tax1–13.3%
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Public schools near ZIP 92627 (Costa Mesa, CA)

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