How much is a home worth in ZIP code 92234?

The typical home in 92234 is worth $485,049, based on the Zillow Home Value Index.

Are home values rising in 92234?

Home values in 92234 are down 3.8% over the past year, and up 4.4% a year over five years.

What is the typical rent in 92234?

A typical home in 92234 rents for about $2,679 a month, a gross rental yield of 6.6%.

What is the property tax rate in 92234?

The effective property tax rate in 92234 is 0.8% — roughly $4,101 a year on a typical home.

ZIP code 92234 has a population of 52,267 and a median household income of $73,572.

HousingHandbookReference data

…

U.S. ZIP Code · CA92234

Riverside County · Riverside-San Bernardino-Ontario, CA

Typical home value

$485,049^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -3.8%
5-year / yr: +4.4%
10-year / yr: +6.6%

Relative price

vs U.S.: +70.8%
vs metro: -9.1%
vs state: -30.8%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 92234 is worth $485,049 — 9.1% below the Riverside-San Bernardino-Ontario, CA median. Over the past year, values have fallen 3.8%. Homes here rent for a typical $2,679 a month — a 6.6% gross rental yield. The effective property tax rate is 0.8%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $2,679^[2]
Gross yield: 6.6%^[2]
Cap rate: 4.0%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 0.8%^[3]
Typical annual tax: $4,101^[3]

#Climate risk

FEMA National Risk Index ratings for Riverside County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Very High^[4]
Riverine flood: Very High
Coastal flood: Not Applicable
Wildfire: Very High
Drought: Relatively Low
Heat wave: Relatively High
Hurricane: Very Low
Tornado: Relatively Moderate
Earthquake: Very High
Winter weather: Relatively Moderate

#Who lives here

Population: 52,267^[3]
Median household income: $73,572^[3]

#Migration

Household moves in and out of Riverside County over a year, from IRS tax-return data.

Net migration: +1,447^[5]
Moved in: 55,018
Moved out: 53,571

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 9
Elementary: 5
Middle: 2
High: 2

Cathedral City High
High · Grades 9–12 · Palm Springs Unified
1,370 students
James Workman Middle
Middle · Grades 6–8 · Palm Springs Unified
1,027 students
Nellie N. Coffman Middle
Middle · Grades 6–8 · Palm Springs Unified
928 students
Sunny Sands Elementary
Elementary · Grades K–5 · Palm Springs Unified
684 students
Rio Vista Elementary
Elementary · Grades K–5 · Palm Springs Unified
674 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield6.6%

Net yield (after ~40% expenses)4.0%

Annual rent$32,153

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$2,453

Loan principal$388,039

Down payment$97,010

Total interest paid$494,923

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio1.19

Monthly cost to own$3,200

Monthly rent$2,679

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 28th percentile^[1]
Rental yield: 94th percentile^[2]
Property tax: 73rd percentile^[3]

Frequently asked

How much is a home worth in ZIP code 92234?: The typical home in 92234 is worth $485,049, based on the Zillow Home Value Index.
Are home values rising in 92234?: Home values in 92234 are down 3.8% over the past year, and up 4.4% a year over five years.
What is the typical rent in 92234?: A typical home in 92234 rents for about $2,679 a month, a gross rental yield of 6.6%.
What is the property tax rate in 92234?: The effective property tax rate in 92234 is 0.8% — roughly $4,101 a year on a typical home.
Who lives in 92234?: ZIP code 92234 has a population of 52,267 and a median household income of $73,572.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

92404 vs 92234 →
San Bernardino, CA
Typical home
$484,580
Gross yield
4.4%
92408 vs 92234 →
San Bernardino, CA
Typical home
$479,741
Gross yield
6.1%
92385
Lake Arrowhead CDP, CA
Typical home
$494,985
Gross yield
—
92549
Idyllwild-Pine Cove CDP, CA
Typical home
$471,991
Gross yield
5.5%
92201
Indio, CA
Typical home
$471,587
Gross yield
6.1%
92324
Colton, CA
Typical home
$500,853
Gross yield
4.8%

Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →

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Pit ZIP 92234 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · CA92234

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