Zip codes with the fastest growing rent in California

Written by:
March 24, 2021
realtor.com

Zip codes with the fastest growing rent in California

Since the start of the 21st century and prior to the coronavirus pandemic, the cost of rent has skyrocketed across America. Every state in the nation saw a spike in the cost of apartments and other residential rentals. Places like Washington D.C., California, and Hawaii have seen rent prices more than double over the past two decades.

While the reasons for rent hikes may vary by locality, one of the major factors for higher costs is the overall decline in homeownership, which hit a peak of 66% in 2000. That, in turn, has led to more Americans turning to rentals, ultimately pushing up the amount landlords can charge. The problem is exacerbated by a shortage of construction workers, which makes it difficult for developers to boost the supply of available housing.

The coronavirus pandemic threw rental properties for a proverbial loop. The Census Bureau in April 2020 launched a Household Pulse Survey providing weekly updates on how individuals and families have been affected during the pandemic. Data show ongoing difficulties in finding work, affording food, and paying the rent. Meanwhile, the pandemic has created a “seesaw effect” on rent, with rental rates in the most expensive U.S. cities dropping while rental rates have gone up in historically less expensive areas.

Stacker compiled a list of zip codes with the fastest growing rent in California using data from Zillow. Zip codes are ranked by the change in Zillow Observed Rent Index for all homes and apartments over the last year as of January 2021. Listings and images are from realtor.com.

Zip codes with the fastest growing rent in California

Since the start of the 21st century and prior to the coronavirus pandemic, the cost of rent has skyrocketed across America. Every state in the nation saw a spike in the cost of apartments and other residential rentals. Places like Washington D.C., California, and Hawaii have seen rent prices more than double over the past two decades.

While the reasons for rent hikes may vary by locality, one of the major factors for higher costs is the overall decline in homeownership, which hit a peak of 66% in 2000. That, in turn, has led to more Americans turning to rentals, ultimately pushing up the amount landlords can charge. The problem is exacerbated by a shortage of construction workers, which makes it difficult for developers to boost the supply of available housing.

The coronavirus pandemic threw rental properties for a proverbial loop. The Census Bureau in April 2020 launched a Household Pulse Survey providing weekly updates on how individuals and families have been affected during the pandemic. Data show ongoing difficulties in finding work, affording food, and paying the rent. Meanwhile, the pandemic has created a “seesaw effect” on rent, with rental rates in the most expensive U.S. cities dropping while rental rates have gone up in historically less expensive areas.

Stacker compiled a list of zip codes with the fastest growing rent in California using data from Zillow. Zip codes are ranked by the change in Zillow Observed Rent Index for all homes and apartments over the last year as of January 2021. Listings and images are from realtor.com.

#30. 92407 (San Bernardino)

- 1 year rent change: +9.5%
--- #19 fastest growing rent among zip codes in Riverside, CA metro
- 5 year rent change: +33.9%
- Typical rent: $2,008
--- 7.4% less than typical rent in Riverside, CA metro

- Pictured (for rent): 1930 W College Ave, San Bernardino 92407 ($1,825)

#29. 92345 (Hesperia)

- 1 year rent change: +9.6%
--- #18 fastest growing rent among zip codes in Riverside, CA metro
- 5 year rent change: +38.1%
- Typical rent: $1,558
--- 28.2% less than typical rent in Riverside, CA metro

- Pictured (for rent): 8522 C Ave, Hesperia 92345 ($1,225)

#28. 92270 (Rancho Mirage)

- 1 year rent change: +9.6%
--- #17 fastest growing rent among zip codes in Riverside, CA metro
- 5 year rent change: +27.7%
- Typical rent: $4,224
--- 94.7% above typical rent in Riverside, CA metro

- Pictured (for rent): 42676 E Veldt St, Rancho Mirage 92270 ($1,595)

#27. 95757 (Elk Grove)

- 1 year rent change: +9.6%
--- #6 fastest growing rent among zip codes in Sacramento, CA metro
- 5 year rent change: +33.7%
- Typical rent: $2,290
--- 18.3% above typical rent in Sacramento, CA metro

- Pictured (for rent): 10270 E Taron Dr, Elk Grove 95757 ($2,720)

#26. 95815 (Sacramento)

- 1 year rent change: +9.7%
--- #5 fastest growing rent among zip codes in Sacramento, CA metro
- 5 year rent change: +52.8%
- Typical rent: $1,328
--- 31.4% less than typical rent in Sacramento, CA metro

- Pictured (for rent): 1567 Bartlett Ln, Sacramento 95815 ($2,878)

#25. 93710 (Fresno)

- 1 year rent change: +9.8%
--- #1 fastest growing rent among zip codes in Fresno, CA metro
- 5 year rent change: +38.4%
- Typical rent: $1,431
--- 11.3% less than typical rent in Fresno, CA metro

- Pictured (for rent): 5739 N Cedar Ave, Fresno 93710 ($1,050)

#24. 95841 (Sacramento)

- 1 year rent change: +9.9%
--- #4 fastest growing rent among zip codes in Sacramento, CA metro
- 5 year rent change: +46.1%
- Typical rent: $1,535
--- 20.7% less than typical rent in Sacramento, CA metro

- Pictured (for rent): 5443 College Oak Dr, Sacramento 95841 ($1,450)

#23. 91708 (Chino)

- 1 year rent change: +9.9%
--- #16 fastest growing rent among zip codes in Riverside, CA metro
- 5 year rent change: +17.9%
- Typical rent: $2,442
--- 12.6% above typical rent in Riverside, CA metro

- Pictured (for rent): 16250 Homecoming Dr, Chino 91708 ($4,091)

#22. 92284 (Yucca Valley)

- 1 year rent change: +9.9%
--- #15 fastest growing rent among zip codes in Riverside, CA metro
- 5 year rent change: +47.1%
- Typical rent: $1,084
--- 50.0% less than typical rent in Riverside, CA metro

- Pictured (for rent): 7647 Jemez Trl, Yucca Valley 92284 ($1,250)

#21. 92399 (Yucaipa)

- 1 year rent change: +10.0%
--- #14 fastest growing rent among zip codes in Riverside, CA metro
- 5 year rent change: +39.3%
- Typical rent: $2,019
--- 6.9% less than typical rent in Riverside, CA metro

- Pictured (for rent): 33800 Chapman Heights Rd, Yucaipa 92399 ($2,125)

#20. 92553 (Moreno Valley)

- 1 year rent change: +10.0%
--- #13 fastest growing rent among zip codes in Riverside, CA metro
- 5 year rent change: +40.2%
- Typical rent: $1,996
--- 8.0% less than typical rent in Riverside, CA metro

- Pictured (for rent): 13120 Day St, Moreno Valley 92553 ($1,898)

#19. 92545 (Hemet)

- 1 year rent change: +10.1%
--- #12 fastest growing rent among zip codes in Riverside, CA metro
- 5 year rent change: +37.7%
- Typical rent: $1,607
--- 25.9% less than typical rent in Riverside, CA metro

- Pictured (for rent): 1250 S Cawston Ave, Hemet 92545 ($1,525)

#18. 95678 (Roseville)

- 1 year rent change: +10.1%
--- #3 fastest growing rent among zip codes in Sacramento, CA metro
- 5 year rent change: +38.2%
- Typical rent: $1,959
--- 1.2% above typical rent in Sacramento, CA metro

- Pictured (for rent): 1298 Antelope Creek Dr, Roseville 95678 ($2,226)

#17. 95677 (Rocklin)

- 1 year rent change: +10.2%
--- #2 fastest growing rent among zip codes in Sacramento, CA metro
- 5 year rent change: +40.1%
- Typical rent: $1,918
--- 0.9% less than typical rent in Sacramento, CA metro

- Pictured (for rent): 1501 Cobble Creek Cir, Rocklin 95677 ($1,720)

#16. 91730 (Rancho Cucamonga)

- 1 year rent change: +10.7%
--- #11 fastest growing rent among zip codes in Riverside, CA metro
- 5 year rent change: +28.5%
- Typical rent: $2,387
--- 10.1% above typical rent in Riverside, CA metro

- Pictured (for rent): 8255 Vineyard Ave, Rancho Cucamonga 91730 ($2,625)

#15. 95833 (Sacramento)

- 1 year rent change: +10.7%
--- #1 fastest growing rent among zip codes in Sacramento, CA metro
- 5 year rent change: +38.1%
- Typical rent: $1,909
--- 1.3% less than typical rent in Sacramento, CA metro

- Pictured (for rent): 2745 Orchard Ln, Sacramento 95833 ($2,850)

#14. 92240 (Desert Hot Springs)

- 1 year rent change: +11.0%
--- #10 fastest growing rent among zip codes in Riverside, CA metro
- 5 year rent change: +48.9%
- Typical rent: $1,602
--- 26.1% less than typical rent in Riverside, CA metro

- Pictured (for rent): 13199 Ocotillo Rd, Desert Hot Springs 92240 ($1,025)

#13. 92346 (Highland)

- 1 year rent change: +11.2%
--- #9 fastest growing rent among zip codes in Riverside, CA metro
- 5 year rent change: +36.5%
- Typical rent: $1,978
--- 8.8% less than typical rent in Riverside, CA metro

- Pictured (for rent): 26660 9th St, Highland 92346 ($1,647)

#12. 92532 (Lake Elsinore)

- 1 year rent change: +13.0%
--- #8 fastest growing rent among zip codes in Riverside, CA metro
- 5 year rent change: +34.5%
- Typical rent: $2,213
--- 2.0% above typical rent in Riverside, CA metro

- Pictured (for rent): 39415 Ardenwood Way, Lake Elsinore 92532 ($2,325)

#11. 92307 (Apple Valley)

- 1 year rent change: +13.1%
--- #7 fastest growing rent among zip codes in Riverside, CA metro
- 5 year rent change: +46.9%
- Typical rent: $1,490
--- 31.3% less than typical rent in Riverside, CA metro

- Pictured (for rent): 16247 Viho Rd, Apple Valley 92307 ($1,750)

#10. 92201 (Indio)

- 1 year rent change: +13.4%
--- #6 fastest growing rent among zip codes in Riverside, CA metro
- 5 year rent change: +44.2%
- Typical rent: $2,937
--- 35.4% above typical rent in Riverside, CA metro

- Pictured (for rent): 46896 Jefferson St, Indio 92201 ($1,545)

#9. 90265 (Malibu)

- 1 year rent change: +13.7%
--- #2 fastest growing rent among zip codes in Los Angeles-Long Beach-Anaheim, CA metro
- 5 year rent change: +36.8%
- Typical rent: $9,330
--- 265.5% above typical rent in Los Angeles-Long Beach-Anaheim, CA metro

- Pictured (for rent): 6489 Cavalleri Rd, Malibu 90265 ($7,165)

#8. 92405 (San Bernardino)

- 1 year rent change: +14.6%
--- #5 fastest growing rent among zip codes in Riverside, CA metro
- 5 year rent change: +54.8%
- Typical rent: $1,401
--- 35.4% less than typical rent in Riverside, CA metro

- Pictured (for rent): 1400 W Edgehill Rd Apt 1, San Bernardino 92405 ($1,500)

#7. 90007 (Los Angeles)

- 1 year rent change: +15.3%
--- #1 fastest growing rent among zip codes in Los Angeles-Long Beach-Anaheim, CA metro
- 5 year rent change: +57.6%
- Typical rent: $2,287
--- 10.4% less than typical rent in Los Angeles-Long Beach-Anaheim, CA metro

- Pictured (for rent): 325 W Adams Blvd, Los Angeles 90007 ($2,900)

#6. 92336 (Fontana)

- 1 year rent change: +15.8%
--- #4 fastest growing rent among zip codes in Riverside, CA metro
- 5 year rent change: +32.0%
- Typical rent: $2,617
--- 20.7% above typical rent in Riverside, CA metro

- Pictured (for rent): 8026 Juniper Ave Apt A, Fontana 92336 ($1,500)

#5. 92551 (Moreno Valley)

- 1 year rent change: +16.2%
--- #3 fastest growing rent among zip codes in Riverside, CA metro
- 5 year rent change: +41.3%
- Typical rent: $1,892
--- 12.8% less than typical rent in Riverside, CA metro

- Pictured (for rent): 15700 Lasselle St, Moreno Valley 92551 ($2,390)

#4. 92118 (Coronado)

- 1 year rent change: +16.9%
--- #1 fastest growing rent among zip codes in San Diego, CA metro
- 5 year rent change: +36.3%
- Typical rent: $5,028
--- 110.9% above typical rent in San Diego, CA metro

- Pictured (for rent): 1515 2nd St, Coronado 92118 ($4,875)

#3. 92395 (Victorville)

- 1 year rent change: +17.2%
--- #2 fastest growing rent among zip codes in Riverside, CA metro
- 5 year rent change: +50.1%
- Typical rent: $1,615
--- 25.5% less than typical rent in Riverside, CA metro

- Pictured (for rent): 13815 Rodeo Dr, Victorville 92395 ($3,150)

#2. 92311 (Barstow)

- 1 year rent change: +17.3%
--- #1 fastest growing rent among zip codes in Riverside, CA metro
- 5 year rent change: +61.2%
- Typical rent: $1,196
--- 44.9% less than typical rent in Riverside, CA metro

- Pictured (for rent): 2201 Muriel Dr, Barstow 92311 ($1,075)

#1. 95204 (Stockton)

- 1 year rent change: +19.1%
--- #1 fastest growing rent among zip codes in Stockton, CA metro
- 5 year rent change: +65.4%
- Typical rent: $1,575
--- 27.4% less than typical rent in Stockton, CA metro

- Pictured (for rent): 2506 Country Club Blvd, Stockton 95204 ($1,350)

Trending Now