ZIP Code · CA

ZIP 92704

Part of Santa Ana, CA

Pop. 82,120·Orange County·285th most expensive ZIP in California

Median rent (all units)

$3,164/mo

Year-over-Year

-0.2%

Month-over-Month

-0.6%

vs US Median

+$1,232

Reported rents

Falling (Monthly)

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Most AffordableMost Expensive

ZIP 92704 · $3,164

More expensive than 92% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$2,350

1 BR

$2,410

2 BR

$2,840

3 BR

$3,860

4 BR+

$4,600

Research median

$2,840/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

Compared with the peak

Rent in ZIP 92704 is 1.6% below its high of $3,217 in December 2025, at $3,164 as of September 2026.

Past year vs. the rest of California

Rent in ZIP 92704 changed -0.2% over the year to September 2026. Across the 819 California ZIP codes Zillow tracks, the typical change was +3.2%.

Recent direction

Rent has fallen 2 months in a row, and rose in 6 of the last 12 months.

What a typical income covers

30% of the median household income ($99,777) is $2,494 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($2,410); a 2-bedroom is $2,840.

Rank in Santa Ana

4th cheapest of 4 ZIP codes in Santa Ana.

Cheaper nearby

ZIP 92707, 2 miles away, rents for 11% less ($2,816/mo), about $4,200 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 92704. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$37,968/yr

At $3,164/mo median

Location

CitySanta Ana

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 (-0.2% YoY, -0.6% MoM), not inventory.

Demographics

Who lives here

ZIP 92704 (Santa Ana, CA) is roughly split between renters and owners, has a median income above the national average, 20.6% of residents hold a bachelor's degree or higher.

Population

82,120

Median income

$99,777

Median age

35.9

Renters

50.9%

Age distribution

21.9%

26.9%

25.2%

13.5%

12.5%

Under 1821.9%

18–3426.9%

35–5425.2%

55–6413.5%

65+12.5%

Gender

50.8%

49.2%

Male50.8%

Female49.2%

Race & ethnicity

14.5%

70.2%

19.7%

White14.5%

Black0.8%

Hispanic70.2%

Asian19.7%

Education (25+)

30.8%

26.6%

22.1%

20.6%

No HS diploma30.8%

HS diploma26.6%

Some college22.1%

Bachelor's+20.6%

Housing tenure

49.1%

50.9%

Owner49.1%

Renter50.9%

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

2023 vs 2026

How ZIP 92704 in Santa Ana, CA has changed in 5 years

Rent

$2,790 → $3,164

up 13.4%

Income

$80,902 → $99,777

up 23.3%

Population

79,641 → 82,120

up 3.1%

Renter share

48.6% → 50.9%

+2.3 pts

Bachelor's+

20% → 20.6%

+0.6 pts

Median age

35 → 35.9

+0.9 yrs

Rent in ZIP 92704 in Santa Ana, CA has climbed 13.4% since 2023, going from about $2,790 per month to roughly $3,164 today. Median household income grew from $80,902 to $99,777 between 2021 and 2024, a 23.3% shift. Income growth outran rent by about 9.9 percentage points, easing the affordability math somewhat compared with 2021. Headcount in the area went from 79,641 to 82,120 between 2021 and 2024, a 3.1% change. About 50.9% of households rent today, against 48.6% in 2021. Taken together, the five-year picture in ZIP 92704 in Santa Ana, 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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About renting in ZIP 92704

Last updated: October 17, 2026

ZIP code 92704 covers Santa Ana, CA. The median rent here is $3,164/mo as of October 2026. A 1-bedroom rents for a median of $2,410/mo. A 2-bedroom rents for a median of $2,840/mo.

At 38% of local median household income ($99,777/yr), ZIP 92704 ranks as moderate compared to the national benchmark of 30%. Rents have decreased 0.2% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 92704?

To keep rent at or below 30% of gross income, you would need to earn at least $127,000/year (about $61/hour full-time) to afford the median rent of $3,164/mo in ZIP 92704. The local median household income is $99,777/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 92704?

Rent in ZIP 92704 has been roughly flat over the past year as of September 2026, a -0.2% change. It sits 1.6% below its high of $3,217 in December 2025.

How does ZIP 92704 compare to other ZIPs in California?

ZIP 92704 is one of the pricier among California ZIP codes for rent, ranking #285 of 898 at $3,164/mo. Over the year to September 2026, rent in ZIP 92704 changed -0.2%, against a typical +3.2% across the 819 California ZIP codes Zillow tracks.