ZIP Code · CA

ZIP 92694

Pop. 35,764·Orange County·152nd most expensive ZIP in California
Median rent (all units)
$3,656/mo
Year-over-Year
+1.9%
Month-over-Month
-0.2%
vs US Median
+$1,724
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 92694 · $3,656
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
$3,500
1 BR
$3,580
2 BR
$4,220
3 BR
$5,730
4 BR+
$6,840
Research median
$4,220/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

January. Asking rents in ZIP 92694 usually run 1% below trend in January and 0.8% above it in August, about $66 a month apart at today's median. Based on 5 years of data.

Compared with the peak

Rent in ZIP 92694 is 0.5% below its high of $3,676 in May 2026, at $3,656 as of September 2026.

Past year vs. the rest of California

Rent in ZIP 92694 changed +1.9% over the year to September 2026. Across the 819 California ZIP codes Zillow tracks, the typical change was +3.2%.

Recent direction

Rent rose in 8 of the last 12 months.

What a typical income covers

30% of the median household income ($189,966) is $4,749 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($4,220); a 3-bedroom is $5,730.

Cheaper nearby

ZIP 92692, 4 miles away, rents for 15% less ($3,121/mo), about $6,400 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 92694. 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
$43,872/yr
At $3,656/mo median
Location
StateCA
CountyOrange County
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+1.9% YoY, -0.2% MoM), not inventory.
Demographics

Who lives here

ZIP 92694 (Ladera Ranch, CA) is majority owner-occupied, has a large share of families with children, has a median income above the national average, 66.1% of residents hold a bachelor's degree or higher.

Population
35,764
Median income
$189,966
Median age
36.4
Renters
25.2%
Age distribution
33.1%
15.1%
31.6%
Under 1833.1%
18–3415.1%
35–5431.6%
55–649.5%
65+10.6%
Gender
46.6%
53.4%
Male46.6%
Female53.4%
Race & ethnicity
68.2%
13.8%
White68.2%
Black0.8%
Hispanic11.2%
Asian13.8%
Other6%
Education (25+)
23.4%
66.1%
No HS diploma1.7%
HS diploma8.8%
Some college23.4%
Bachelor's+66.1%
Housing tenure
74.8%
25.2%
Owner74.8%
Renter25.2%

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

2021 vs 2026

How ZIP 92694 in Ladera Ranch, CA has changed in 5 years

Rent
$2,686 → $3,656
up 36.1%
Income
$165,290 → $189,966
up 14.9%
Population
34,879 → 35,764
up 2.5%
Renter share
25.6% → 25.2%
-0.4 pts
Bachelor's+
65.5% → 66.1%
+0.6 pts
Median age
35.2 → 36.4
+1.2 yrs

The median rent in ZIP 92694 in Ladera Ranch, CA stood at $2,686 in 2021 and currently runs about $3,656, reflecting a 36.1% increase over the period. Local incomes tracked alongside that move, going from a median of $165,290 in 2021 to $189,966 more recently. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 2.5% since 2021, moving from about 34,879 residents to roughly 35,764. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 92694 in Ladera Ranch, CA market of 2021.

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About renting in ZIP 92694

Last updated: October 17, 2026

ZIP code 92694 covers Ladera Ranch, CA. The median rent here is $3,656/mo as of October 2026. A 1-bedroom rents for a median of $3,580/mo. A 2-bedroom rents for a median of $4,220/mo.

At 23% of local median household income ($189,966/yr), ZIP 92694 ranks as affordable compared to the national benchmark of 30%. Rents have increased 1.9% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 92694?

To keep rent at or below 30% of gross income, you would need to earn at least $146,000/year (about $70/hour full-time) to afford the median rent of $3,656/mo in ZIP 92694. The local median household income is $189,966/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 92694?

Rent in ZIP 92694 has risen 1.9% over the past year as of September 2026. It sits 0.5% below its high of $3,676 in May 2026.

When is the cheapest time to rent in ZIP 92694?

Asking rents in ZIP 92694 are usually lowest in January, about 1% below their yearly trend, and highest in August, about 0.8% above it. At today's median that is a gap of roughly $66 a month. This pattern comes from 5 years of Zillow rent data.

How does ZIP 92694 compare to other ZIPs in California?

ZIP 92694 is one of the pricier among California ZIP codes for rent, ranking #152 of 898 at $3,656/mo. Over the year to September 2026, rent in ZIP 92694 changed +1.9%, against a typical +3.2% across the 819 California ZIP codes Zillow tracks.

How does ZIP 92694 compare to the rest of Ladera Ranch?

At $3,656/mo, ZIP 92694 is $106 above the Ladera Ranch citywide median of $3,550/mo.
Income Affordability
23%
VERY AFFORDABLE

At $3,656/mo, rent takes ~23% of ZIP 92694's median household income ($189,966/yr). The standard benchmark is 30%.

ZIP 92694 23%Benchmark 30%
State income tax1–13.3%
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Public schools near ZIP 92694 (Ladera Ranch, CA)

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