Median rents, rental comps, and market trends across 10 zip codes in Riverside, CA.
The Inland Empire — where LA and Orange County workers go when they can't afford the coast anymore. Someone else's California affordability crisis is your rental demand. The math works, and you still get all the California regulations for free.
Median Asking Rent
$2,434
Rent Change (YoY)
-8.7%
Avg Days on Market
46
Active Rental Listings
948
Median List Price
$606,204
Average across 10 zip codes
ZIP | Median Rent |
|---|---|
| 92508 | $3,395/mo |
| 92509 | $2,860/mo |
| 92557 | $2,850/mo |
| 92506 | $2,750/mo |
| 92503 | $2,609/mo |
| 92504 | $2,600/mo |
| 92501 | $2,225/mo |
| 92505 | $2,200/mo |
| 92553 | $2,110/mo |
| 92507 | $2,015/mo |
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| Unit Size | Median Rent |
|---|---|
| Studio | $1,499/mo |
| 1 Bedroom | $1,733/mo |
| 2 Bedroom | $2,125/mo |
| 3 Bedroom | $2,960/mo |
| 4 Bedroom | $3,345/mo |
Aggregated median across all Riverside zip codes with available data.
| ZIP | Median List Price |
|---|---|
| 92508 | $779,000 |
| 92506 | $710,000 |
| 92505 | $649,888 |
| 92504 | $625,000 |
| 92509 | $607,418 |
| 92503 | $604,990 |
| 92501 | $599,000 |
| 92557 | $579,950 |
| 92507 | $550,000 |
| 92553 | $525,000 |
| Unit Size | Fair Market Rent |
|---|---|
| Studio | $1,600/mo |
| 1 Bedroom | $1,670/mo |
| 2 Bedroom | $2,080/mo |
| 3 Bedroom | $2,780/mo |
| 4 Bedroom | $3,380/mo |
Fair Market Rents are published annually by HUD for the Riverside metropolitan area. Local housing authorities use these to set Section 8 voucher payment standards, typically between 90% and 110% of the FMR.
The median asking rent across Riverside, CA is currently $2,434/month, based on active rental listings across 10 zip codes. Median asking rents have decreased by -8.7% over the past 12 months.
Asking rents vary significantly across the city. ZIP 92508 has the highest median asking rent at $3,395/month, while ZIP 92507 comes in at $2,015/month.
Rental listings in the area spend an average of 46 days on market before being leased, suggesting a more tenant-friendly market.
The HUD Fair Market Rent for a 2-bedroom in the Riverside metro area is $2,080/month. Current median asking rents are above the FMR, which is common in growing markets.
The Inland Empire (Riverside-San Bernardino) is one of the largest rental markets in California by population, and it runs on one basic dynamic: it's where people live when they can't afford the coast. Workers commute to LA, Orange County, and San Diego. Logistics employment from Amazon, UPS, and distribution centers adds a local employment base. The Mission Inn area and Canyon Crest are more premium. Eastside and the areas toward San Bernardino are more affordable. California's statewide rent control and tenant protections apply. For investors, Riverside offers California exposure at lower price points than the coast, with strong demand from people who are priced out of more expensive areas. The trade-off is that you're dealing with the same regulatory environment as the rest of California.
Want to look up rental comps and rent estimates for a specific property in Riverside? PropMetrics lets you search any address and get detailed rental data instantly.
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What rental comps are, what makes a good one, and how to use them to price your rental property accurately.
Fair market rent, Section 8, HUD... what does it all mean? A straightforward breakdown of how it works and why it matters.
A step-by-step guide to pricing your rental so it rents quickly without leaving money on the table.