How much is a home worth in ZIP code 92408?

The typical home in 92408 is worth $479,741, based on the Zillow Home Value Index.

Are home values rising in 92408?

Home values in 92408 are up 0.3% over the past year, and up 5.9% a year over five years.

What is the typical rent in 92408?

A typical home in 92408 rents for about $2,448 a month, a gross rental yield of 6.1%.

What is the property tax rate in 92408?

The effective property tax rate in 92408 is 0.7% — roughly $3,558 a year on a typical home.

ZIP code 92408 has a population of 14,325 and a median household income of $68,333.

HousingHandbookReference data

…

U.S. ZIP Code · CA92408

San Bernardino County · Riverside-San Bernardino-Ontario, CA

Typical home value

$479,741^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +0.3%
5-year / yr: +5.9%
10-year / yr: +9.0%

Relative price

vs U.S.: +68.9%
vs metro: -10.1%
vs state: -31.5%

Price history

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

The typical home in 92408 is worth $479,741 — 10.1% below the Riverside-San Bernardino-Ontario, CA median. Over the past year, values have risen 0.3%. Homes here rent for a typical $2,448 a month — a 6.1% gross rental yield. The effective property tax rate is 0.7%.

#Rent & investment

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

Monthly rent: $2,448^[2]
Gross yield: 6.1%^[2]
Cap rate: 3.7%^[2]

#Property tax

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

Effective tax rate: 0.7%^[3]
Typical annual tax: $3,558^[3]

#Climate risk

FEMA National Risk Index ratings for San Bernardino 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: No Rating
Tornado: Relatively Moderate
Earthquake: Very High
Winter weather: Relatively Low

#Who lives here

Population: 14,325^[3]
Median household income: $68,333^[3]

#Migration

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

Net migration: -3,129^[5]
Moved in: 46,296
Moved out: 49,425

Schools

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

Public schools: 9
Elementary: 4
Middle: 0
High: 3

San Bernardino County Special Education
Other · Grades K–12 · San Bernardino County Office of Education
1,706 students
Norton Science and Language Academy
Other · Grades K–11 · Norton Science and Language Academy District
1,200 students
Options for Youth-San Bernardino
High · Grades 7–12 · Options for Youth-San Bernardino District
1,118 students
Victoria Elementary
Elementary · Grades K–5 · Redlands Unified
464 students
SOAR Charter Academy
Elementary · Grades K–8 · SOAR Charter Academy District
449 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 yield6.1%

Net yield (after ~40% expenses)3.7%

Annual rent$29,370

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$2,426

Loan principal$383,793

Down payment$95,948

Total interest paid$489,507

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 ratio1.28

Monthly cost to own$3,121

Monthly rent$2,448

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: 85th percentile^[1]
Rental yield: 82nd percentile^[2]
Property tax: 44th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 92408?: The typical home in 92408 is worth $479,741, based on the Zillow Home Value Index.
Are home values rising in 92408?: Home values in 92408 are up 0.3% over the past year, and up 5.9% a year over five years.
What is the typical rent in 92408?: A typical home in 92408 rents for about $2,448 a month, a gross rental yield of 6.1%.
What is the property tax rate in 92408?: The effective property tax rate in 92408 is 0.7% — roughly $3,558 a year on a typical home.
Who lives in 92408?: ZIP code 92408 has a population of 14,325 and a median household income of $68,333.

#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 92408 →
San Bernardino, CA
Typical home
$484,580
Gross yield
4.4%
92234 vs 92408 →
Cathedral City, CA
Typical home
$485,049
Gross yield
6.6%
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%
92371
Phelan CDP, CA
Typical home
$467,177
Gross yield
—
92385
Lake Arrowhead CDP, CA
Typical home
$494,985
Gross yield
—

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#Jump to section

U.S. ZIP Code · CA92408

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