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ZIP Code · CA

ZIP 92692

Pop. 47,022·Orange County·309th most expensive ZIP in California
Median rent (all units)
$3,103/mo
Year-over-Year
+14.8%
Month-over-Month
+0.7%
vs US Median
+$1,138
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 92692 · $3,103
More expensive than 91% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$2,326
1 BR
$2,385
2 BR
$2,811
3 BR
$3,816
4 BR+
$4,557
Research median
$2,811/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: July 20, 2026

Annual cost
$37,236/yr
At $3,103/mo median
Location
StateCA
CountyOrange County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 14.8% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+14.8% YoY, +0.7% MoM), not inventory.
Demographics

Who lives here

ZIP 92692 (Mission Viejo, CA) is majority owner-occupied, has a large retiree population, has a median income above the national average, 55.7% of residents hold a bachelor's degree or higher.

Population
47,022
Median income
$131,175
Median age
46.2
Renters
24.9%
Age distribution
20.5%
15%
26.1%
14.7%
23.8%
Under 1820.5%
18–3415%
35–5426.1%
55–6414.7%
65+23.8%
Gender
49.8%
50.2%
Male49.8%
Female50.2%
Race & ethnicity
62.4%
18.9%
16%
White62.4%
Black0.7%
Hispanic18.9%
Asian16%
Other2%
Education (25+)
14.3%
25.1%
55.7%
No HS diploma4.9%
HS diploma14.3%
Some college25.1%
Bachelor's+55.7%
Housing tenure
75.1%
24.9%
Owner75.1%
Renter24.9%

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

2021 vs 2026

How ZIP 92692 in Mission Viejo, CA has changed in 5 years

Rent
$2,124 → $3,103
up 46.1%
Income
$128,194 → $131,175
up 2.3%
Population
46,240 → 47,022
up 1.7%
Renter share
21.5% → 24.9%
+3.4 pts
Bachelor's+
54.4% → 55.7%
+1.3 pts
Median age
47.5 → 46.2
-1.3 yrs

Rent in ZIP 92692 in Mission Viejo, CA has climbed 46.1% since 2021, going from about $2,124 per month to roughly $3,103 today. Census figures show median household income at $131,175 today, compared with $128,194 five years earlier. Rent outpaced income growth by roughly 43.8 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 46,240 to 47,022 between 2021 and 2024, a 1.7% change. About 24.9% of households rent today, against 21.5% in 2021. 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 92692

Last updated: July 20, 2026

ZIP code 92692 covers Mission Viejo, CA. The median rent here is $3,103/mo as of July 2026. A 1-bedroom rents for a median of $2,385/mo. A 2-bedroom rents for a median of $2,811/mo.

At 28% of local median household income ($131,175/yr), ZIP 92692 ranks as affordable compared to the national benchmark of 30%. Rents have increased 14.8% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 92692?

As of July 20, 2026, the median monthly rent in ZIP 92692 (Mission Viejo, CA) is $3,103. This is based on aggregated data from public sources and community submissions.

How does ZIP 92692 rent compare to the US average?

ZIP 92692's median rent of $3,103/mo is $1,138 (58%) above the US national median of $1,965/mo.

How does ZIP 92692 compare to other ZIPs in California?

ZIP 92692 falls in the middle range for California, ranking #309 out of 907 ZIPs at $3,103/mo.

How much income do you need to rent in ZIP 92692?

To keep rent at or below 30% of gross income, you would need to earn at least $124,000/year (~$60/hour full-time) to afford the median rent of $3,103/mo in ZIP 92692. The local median household income is $131,175/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 92692?

Rent in ZIP 92692 has increased 14.8% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 92692 an affordable place to rent?

ZIP 92692 is considered affordable for renters. At $3,103/mo, rent takes approximately 28% of the local median household income ($131,175/yr). The standard benchmark is 30%. ZIP 92692 falls comfortably within that range.

What percentage of ZIP 92692 residents rent vs. own?

According to Census data, approximately 24.9% of ZIP 92692 households are renters, while 75.1% are owner-occupied. ZIP 92692 leans toward homeownership, which can mean a smaller rental inventory.

When was rent data for ZIP 92692 last updated?

Rent data for ZIP 92692 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
28%
AFFORDABLE

At $3,103/mo, rent takes ~28% of ZIP 92692's median household income ($131,175/yr). The standard benchmark is 30%.

ZIP 92692 28%Benchmark 30%
State income tax1–13.3%
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