ZIP Code · CA

ZIP 92865

Part of Orange, CA
Pop. 20,589·Orange County·392nd most expensive ZIP in California
Median rent (all units)
$2,890/mo
Year-over-Year
Stable
Month-over-Month
-0.1%
vs US Median
+$958
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 92865 · $2,890
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
$2,730
1 BR
$2,790
2 BR
$3,290
3 BR
$4,470
4 BR+
$5,330
Research median
$3,290/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

What a typical income covers

30% of the median household income ($127,431) is $3,186 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($2,790); a 2-bedroom is $3,290.

Rank in Orange

1st cheapest of 5 ZIP codes in Orange.

Cheaper nearby

ZIP 92802, 4 miles away, rents for 15% less ($2,461/mo), about $5,100 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 92865. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$34,680/yr
At $2,890/mo median
Location
CityOrange
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 (+0.0% YoY, -0.1% MoM), not inventory.
Demographics

Who lives here

ZIP 92865 (Orange, CA) is majority owner-occupied, has a median income above the national average, 38.2% of residents hold a bachelor's degree or higher.

Population
20,589
Median income
$127,431
Median age
38.1
Renters
35.8%
Age distribution
22.6%
22.2%
30.8%
14.3%
Under 1822.6%
18–3422.2%
35–5430.8%
55–6410.1%
65+14.3%
Gender
49.9%
50.1%
Male49.9%
Female50.1%
Race & ethnicity
43.2%
39.3%
15.9%
White43.2%
Black1.2%
Hispanic39.3%
Asian15.9%
Education (25+)
16.5%
36.3%
38.2%
No HS diploma9%
HS diploma16.5%
Some college36.3%
Bachelor's+38.2%
Housing tenure
64.2%
35.8%
Owner64.2%
Renter35.8%

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

2021 vs 2026

How ZIP 92865 in Orange, CA has changed in 5 years

Income
$118,212 → $127,431
up 7.8%
Population
21,384 → 20,589
down 3.7%
Renter share
34.4% → 35.8%
+1.4 pts
Bachelor's+
40.4% → 38.2%
-2.2 pts
Median age
36.3 → 38.1
+1.8 yrs

Median household income rose from $118,212 to $127,431 between 2021 and 2024, a 7.8% shift. The population has contracted by 3.7% since 2021, moving from about 21,384 residents to roughly 20,589. College-educated residents now make up 38.2% of adults here, versus 40.4% in 2021.

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Local insights

Tips for renters in ZIP 92865

About renting in ZIP 92865

Last updated: October 17, 2026

ZIP code 92865 covers Orange, CA. The median rent here is $2,890/mo as of October 2026. A 1-bedroom rents for a median of $2,790/mo. A 2-bedroom rents for a median of $3,290/mo.

At 27% of local median household income ($127,431/yr), ZIP 92865 ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 92865?

To keep rent at or below 30% of gross income, you would need to earn at least $116,000/year (about $56/hour full-time) to afford the median rent of $2,890/mo in ZIP 92865. The local median household income is $127,431/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 92865?

Rent in ZIP 92865 has been roughly flat over the past year, a 0.0% change.

How does ZIP 92865 compare to other ZIPs in California?

ZIP 92865 is in the middle among California ZIP codes for rent, ranking #392 of 898 at $2,890/mo.

How does ZIP 92865 compare to the rest of Orange?

At $2,890/mo, ZIP 92865 is $147 below the Orange citywide median of $3,037/mo. It is the 1st cheapest of 5 ZIP codes in Orange.
Income Affordability
27%
AFFORDABLE

At $2,890/mo, rent takes ~27% of ZIP 92865's median household income ($127,431/yr). The standard benchmark is 30%.

ZIP 92865 27%Benchmark 30%
State income tax1–13.3%
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Schools nearby

Public schools near ZIP 92865 (Orange, CA)

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