HousingHandbookReference data

U.S. ZIP Code · CA92865

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

Typical home value

$1,070,727[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+1.9%
5-year / yr
+7.4%
10-year / yr
+7.4%

Relative price

vs U.S.
+276.9%
vs metro
+10.8%
vs state
+52.8%
ZIP 92865 location in CA
Location of ZIP 92865 in CA

Price history

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

The typical home in 92865 is worth $1,070,727 — 10.8% above the Los Angeles-Long Beach-Anaheim, CA median. Over the past year, values have risen 1.9%. Homes here rent for a typical $3,726 a month — a 4.2% 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
$3,726[2]
Gross yield
4.2%[2]
Cap rate
2.5%[2]

#Property tax

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

Effective tax rate
0.8%[3]
Typical annual tax
$8,284[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
20,589[3]
Median household income
$127,431[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
3
Elementary
3
Middle
0
High
0
  • Fletcher Mandarin Language & GATE Academy

    Elementary · Grades K–6 · Orange Unified

    497 students

  • Taft Elementary

    Elementary · Grades K–6 · Orange Unified

    436 students

  • Olive Elementary

    Elementary · Grades K–6 · Orange Unified

    327 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 yield4.2%
Net yield (after ~40% expenses)2.5%
Annual rent$44,710

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$5,414
Loan principal$856,581
Down payment$214,145
Total interest paid$1,092,522

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 ratio1.88
Monthly cost to own$6,993
Monthly rent$3,726

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
89th percentile[1]
Rental yield
80th percentile[2]
Property tax
88th percentile[3]

Frequently asked

How much is a home worth in ZIP code 92865?
The typical home in 92865 is worth $1,070,727, based on the Zillow Home Value Index.
Are home values rising in 92865?
Home values in 92865 are up 1.9% over the past year, and up 7.4% a year over five years.
What is the typical rent in 92865?
A typical home in 92865 rents for about $3,726 a month, a gross rental yield of 4.2%.
What is the property tax rate in 92865?
The effective property tax rate in 92865 is 0.8% — roughly $8,284 a year on a typical home.
Who lives in 92865?
ZIP code 92865 has a population of 20,589 and a median household income of $127,431.

#Comparable ZIPs

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

  • Silverado CDP, CA

    Typical home
    $1,069,672
    Gross yield
  • Los Angeles, CA

    Typical home
    $1,073,099
    Gross yield
    3.2%
  • Santa Monica, CA

    Typical home
    $1,064,606
    Gross yield
    3.8%
  • Los Angeles, CA

    Typical home
    $1,078,516
    Gross yield
    2.3%
  • Fullerton, CA

    Typical home
    $1,061,126
    Gross yield
    2.8%
  • Cypress, CA

    Typical home
    $1,082,852
    Gross yield
    3.2%

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