Rental market snapshot for Banning, California

Banning, California Rental Property Market Overview

The average rent for an apartment in Banning is $2,109. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by -2.6% over the past year.

Banning, California is a city located in Riverside County. As of 2021, the population of Banning was 30,273. The city is located approximately 100 miles east of Los Angeles. Banning is a relatively small city, but it is a popular tourist destination due to its proximity to Joshua Tree National Park and other attractions.

Last Updated December 23, 2022

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Average monthly rent graph in Banning California | Cost of Living

  • The most expensive ZIP Code in Banning is 92220 with an average price of $2,400
  • The cheapest ZIP Code in Banning is 92220 with an average price of $2,115

Banning ZIP Codes with the highest, most expensive rent

#zip codeaverage rent
192220$2,400

Live near Banning, California's Top Sights and Attractions

Repplier Park is a beautiful park located in Banning, California. The park features a variety of amenities including a playground, picnic tables, a walking trail, and a pond. The park is also home to a variety of wildlife, including ducks, geese, and turtles.

Sylvan Park is a beautiful park located in Banning, California. The park has a playground, a picnic area, and a walking trail.

The Richard Sanchez Memorial is located in Banning, California. The memorial is dedicated to Richard Sanchez, who was a local resident and community leader. The memorial features a bronze statue of Sanchez, as well as a plaque with his biography.

The Roosevelt Williams Pass Valley Park is a large park located in Banning, California. The park features a variety of amenities, including a playground, picnic areas, a walking trail, and a basketball court. The park is also home to a variety of wildlife, including ducks, geese, and squirrels.

The Gilman Historic Ranch And Wagon Museum is a museum that features a collection of wagons and other historic ranching equipment. The museum is located on the site of a former ranch, and visitors can learn about the history of ranching in the area.

Lions Park is a beautiful park located in Banning, California. The park features a variety of amenities including a playground, picnic tables, a walking trail, and a pond. The park is also home to a variety of wildlife, including ducks, geese, and turtles.

Carpenter Hamilton Park is a beautiful park located in Banning, California. The park features a variety of amenities including a playground, picnic tables, a walking trail, and a pond. The park is also home to a variety of wildlife, including ducks, geese, and turtles.

Museum of Pinball is an attraction in Banning, California that features over 200 pinball machines and arcade games. The museum also offers a variety of other activities, including a gift shop, a snack bar, and a pinball tournament.

Banning, California area median rent change by ZIP Code map

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How does Banning compare to other cities in California ?

citymedian price
Indio$2,995
Cerritos$3,500
Oxnard$3,095
Oakland$2,809
Marina$2,150
Lake Balboa$3,325
Pacific Palisades$6,200
Ridgecrest$1,100

Average household income in Banning area graph - US Census

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The median household income in Banning in 2021 was $43,442. This represents a 16.2% change from 2011 when the median was $37,373.

#categorypercent
0Less than $10,0005.9%
1$10,000 to $14,9996.3%
2$15,000 to $19,9996.4%
3$20,000 to $24,9996.9%
4$25,000 to $29,9996.6%
5$30,000 to $34,9996.7%
6$35,000 to $39,9995.7%
7$40,000 to $44,9996.8%
8$45,000 to $49,9996.3%
9$50,000 to $59,9997.8%
10$60,000 to $74,9999.8%
11$75,000 to $99,9999.4%
12$100,000 to $124,9996.6%
13$125,000 to $149,9993.5%
14$150,000 to $199,9992.1%
15$200,000 or more3.4%

Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.
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