HousingHandbookReference data

U.S. ZIP Code · CA92705

Orange County · Los Angeles-Long Beach-Anaheim, CA

Typical home value

$1,600,240[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+2.0%
5-year / yr
+8.5%
10-year / yr
+7.8%

Relative price

vs U.S.
+463.3%
vs metro
+65.7%
vs state
+128.4%
ZIP 92705 location in CA
Location of ZIP 92705 in CA

Price history

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

The typical home in 92705 is worth $1,600,240 — 65.7% above the Los Angeles-Long Beach-Anaheim, CA median. Over the past year, values have risen 2.0%. Homes here rent for a typical $3,127 a month — a 2.3% gross rental yield. The effective property tax rate is 0.6%.

#Rent & investment

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

Monthly rent
$3,127[2]
Gross yield
2.3%[2]
Cap rate
1.4%[2]

#Property tax

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

Effective tax rate
0.6%[3]
Typical annual tax
$10,188[3]

#Climate risk

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

Overall risk
Very High[4]
Riverine flood
Very High
Coastal flood
Relatively High
Wildfire
Relatively High
Drought
Relatively Low
Heat wave
Relatively High
Hurricane
No Rating
Tornado
Relatively Moderate
Earthquake
Very High
Winter weather
Very Low

#Who lives here

Population
48,781[3]
Median household income
$129,331[3]

#Migration

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

Net migration
-12,084[5]
Moved in
57,781
Moved out
69,865

Schools

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

Public schools
16
Elementary
10
Middle
1
High
4
  • Foothill High

    High · Grades 9–12 · Tustin Unified

    2,196 students

  • Century High

    High · Grades 9–12 · Santa Ana Unified

    1,615 students

  • Hewes Middle

    Middle · Grades 6–8 · Tustin Unified

    908 students

  • Sierra Preparatory Academy

    Elementary · Grades K–8 · Santa Ana Unified

    776 students

  • Tustin Memorial Elementary

    Elementary · Grades K–5 · Tustin Unified

    621 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.

Gross yield2.3%
Net yield (after ~40% expenses)1.4%
Annual rent$37,524

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.

Monthly payment$8,092
Loan principal$1,280,192
Down payment$320,048
Total interest paid$1,632,815

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.

Own : rent ratio3.29
Monthly cost to own$10,279
Monthly rent$3,127

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
94th percentile[1]
Rental yield
9th percentile[2]
Property tax
38th percentile[3]

Frequently asked

How much is a home worth in ZIP code 92705?
The typical home in 92705 is worth $1,600,240, based on the Zillow Home Value Index.
Are home values rising in 92705?
Home values in 92705 are up 2.0% over the past year, and up 8.5% a year over five years.
What is the typical rent in 92705?
A typical home in 92705 rents for about $3,127 a month, a gross rental yield of 2.3%.
What is the property tax rate in 92705?
The effective property tax rate in 92705 is 0.6% — roughly $10,188 a year on a typical home.
Who lives in 92705?
ZIP code 92705 has a population of 48,781 and a median household income of $129,331.

#Comparable ZIPs

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

  • Los Angeles, CA

    Typical home
    $1,601,315
    Gross yield
  • Irvine, CA

    Typical home
    $1,602,995
    Gross yield
    2.5%
  • Coto de Caza CDP, CA

    Typical home
    $1,605,682
    Gross yield
    3.2%
  • Los Alamitos, CA

    Typical home
    $1,572,334
    Gross yield
    2.6%
  • Los Angeles, CA

    Typical home
    $1,630,644
    Gross yield
    2.4%
  • Glendale, CA

    Typical home
    $1,553,309
    Gross yield
    3.1%

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