ZIP Code · CA

ZIP 92832

Pop. 27,298·Orange County·424th most expensive ZIP in California
Median rent (all units)
$2,837/mo
Year-over-Year
+1.0%
Month-over-Month
-0.2%
vs US Median
+$905
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 92832 · $2,837
More expensive than 88% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$2,380
1 BR
$2,440
2 BR
$2,870
3 BR
$3,900
4 BR+
$4,650
Research median
$2,870/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

June. Asking rents in ZIP 92832 usually run 0.8% below trend in June and 0.9% above it in September, about $48 a month apart at today's median. Based on 5 years of data.

Compared with the peak

Rent in ZIP 92832 is 1% below its high of $2,866 in June 2026, at $2,837 as of September 2026.

Past year vs. the rest of California

Rent in ZIP 92832 changed +1.0% 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 3 months in a row, and rose in 7 of the last 12 months.

What a typical income covers

30% of the median household income ($94,275) is $2,357 a month. That is less than HUD's Fair Market Rent for a studio ($2,380).

Rank in Fullerton

2nd cheapest of 4 ZIP codes in Fullerton.

Cheaper nearby

ZIP 92831, 2 miles away, rents for 11% less ($2,517/mo), about $3,800 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 92832. 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
$34,044/yr
At $2,837/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 (+1.0% YoY, -0.2% MoM), not inventory.
Demographics

Who lives here

ZIP 92832 (Fullerton, CA) is majority renter-occupied, has a median income above the national average, 31.2% of residents hold a bachelor's degree or higher.

Population
27,298
Median income
$94,275
Median age
35.5
Renters
62.9%
Age distribution
24.6%
23.8%
27.2%
13.7%
Under 1824.6%
18–3423.8%
35–5427.2%
55–6410.7%
65+13.7%
Gender
51.2%
48.8%
Male51.2%
Female48.8%
Race & ethnicity
32.1%
55.9%
14.6%
White32.1%
Black1.9%
Hispanic55.9%
Asian14.6%
Education (25+)
18.1%
19.6%
31.1%
31.2%
No HS diploma18.1%
HS diploma19.6%
Some college31.1%
Bachelor's+31.2%
Housing tenure
37.1%
62.9%
Owner37.1%
Renter62.9%

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

2022 vs 2026

How ZIP 92832 in Fullerton, CA has changed in 5 years

Rent
$2,560 → $2,837
up 10.8%
Income
$79,593 → $94,275
up 18.4%
Population
25,720 → 27,298
up 6.1%
Renter share
64.7% → 62.9%
-1.8 pts
Bachelor's+
30.9% → 31.2%
+0.3 pts
Median age
33.7 → 35.5
+1.8 yrs

Across the past five years, the going rent in ZIP 92832 in Fullerton, CA has shifted from $2,560 to $2,837, up 10.8% since 2022. Census figures show median household income at $94,275 today, compared with $79,593 five years earlier. With wages climbing faster than rent over the same window, renters here have a bit more breathing room than they did five years back. Census counts show ZIP 92832 in Fullerton, CA adding about 1,578 residents over the five-year window, up 6.1% on net. The renter share has eased from 64.7% to 62.9%, with owner-occupied housing accounting for the remainder. The combined trend lines point to a market that has changed measurably from where it stood in early 2022.

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About renting in ZIP 92832

Last updated: October 17, 2026

ZIP code 92832 covers Fullerton, CA. The median rent here is $2,837/mo as of October 2026. A 1-bedroom rents for a median of $2,440/mo. A 2-bedroom rents for a median of $2,870/mo.

At 36% of local median household income ($94,275/yr), ZIP 92832 ranks as moderate compared to the national benchmark of 30%. Rents have increased 1.0% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 92832?

To keep rent at or below 30% of gross income, you would need to earn at least $113,000/year (about $54/hour full-time) to afford the median rent of $2,837/mo in ZIP 92832. The local median household income is $94,275/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 92832?

Rent in ZIP 92832 has risen 1.0% over the past year as of September 2026. It sits 1% below its high of $2,866 in June 2026.

When is the cheapest time to rent in ZIP 92832?

Asking rents in ZIP 92832 are usually lowest in June, about 0.8% below their yearly trend, and highest in September, about 0.9% above it. At today's median that is a gap of roughly $48 a month. This pattern comes from 5 years of Zillow rent data.

How does ZIP 92832 compare to other ZIPs in California?

ZIP 92832 is in the middle among California ZIP codes for rent, ranking #424 of 898 at $2,837/mo. Over the year to September 2026, rent in ZIP 92832 changed +1.0%, against a typical +3.2% across the 819 California ZIP codes Zillow tracks.

How does ZIP 92832 compare to the rest of Fullerton?

At $2,837/mo, ZIP 92832 is $51 below the Fullerton citywide median of $2,888/mo. It is the 2nd cheapest of 4 ZIP codes in Fullerton.
Income Affordability
36%
MODERATE

At $2,837/mo, rent takes ~36% of ZIP 92832's median household income ($94,275/yr). The standard benchmark is 30%.

ZIP 92832 36%Benchmark 30%
State income tax1–13.3%
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