Housing market/California/ZIP 92508

ACS 2023 · FY2027 SAFMR

ZIP 92508 Riverside, California

Riverside-San Bernardino-Ontario, CA MSA · California. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
36,777
Households
10,251
Median HH income
$144,485
Renter share
19.9%
Median gross rent
$2,560
Vacancy
1.0%
Pop. change
-6.2%
2BR SAFMR
$3,040
SAFMR / rent
1.188×
2–49 unit stock
452
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 92508 · CA — sent to you.

ZIP 92508 · CA

ACS median rent$2,560
2BR SAFMR$3,040
90% floor$2,736
110% ceiling$3,344

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 92508

  • 1-unit detached9,33690.2%
  • 1-unit attached1911.8%
  • 2–4 units1011.0%
  • 5–49 units3513.4%
  • 50+ units2282.2%
  • Mobile1491.4%
TypeUnitsShare
1-unit detached9,33690.2%
1-unit attached1911.8%
2 units (duplex)330.3%
3–4 units680.7%
5–9 units1991.9%
10–19 units1151.1%
20–49 units370.4%
50+ units2282.2%
Mobile1491.4%

2–4 unit share 1.0% · 5–49 unit share 3.4% · combined 2–49 4.4%.

Units by bedrooms

Studio
14
1BR
137
2BR
839
3BR
2,776
4BR
4,220
5+
2,370

Rent burden

Rent ≥30% of income39.6%
Rent ≥50% of income15.8%
  • ACS median gross rent $2,560 (all bedrooms, occupied rentals).
  • Median contract rent $2,324.
  • Renters paying ≥30% of income 39.6%; ≥50% 15.8%.
  • FY2027 2BR SAFMR $3,040 (1.188× ACS median gross rent).

Population

36,777 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -6.2%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: not published for this ZIP.
  • HUD project-based assisted MF: not published for this ZIP.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 3,066 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 92508 19.9% of occupied households are renters; vacancy is 1.0%; ACS median gross rent is $2,560; population changed -6.2% between the 2018 and 2023 ACS vintages; the housing stock includes 101 units in 2–4-unit structures and 351 units in 5–49-unit structures; FY2027 2BR SAFMR is $3,040 versus ACS median gross rent of $2,560. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

California research

ZIP 92508 is a Census / HUD profile for Riverside-San Bernardino-Ontario, CA. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is California research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 92508?

ZIP 92508 (Riverside-San Bernardino-Ontario, CA MSA) has 36,777 residents, 10,251 households, a renter share of 19.9%, median household income of $144,485, and ACS 2023 median gross rent of $2,560. Vacancy is 1.0%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 92508?

ACS counts 33 units in 2-unit buildings, 68 in 3–4 unit buildings, 199 in 5–9, 115 in 10–19, and 37 in 20–49. Combined 2–49 unit stock is 452 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 92508?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $3,040. See the full schedule and 90–110% payment-standard band on the ZIP 92508 — Riverside, CA HUD Section 8 Payment Standards / SAFMR.

Does this California ZIP profile include Georgia listings?

No. ZIP 92508 is Census / HUD research for Riverside-San Bernardino-Ontario, CA MSA. Jeff Crowe CRE does not list California property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.