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Rental Insights for ZIP Code 90068 (Los Angeles, CA)

Housing Rentals in ZIP Code 90068 (Los Angeles, CA)

90068 ZIP Code in California

An In-depth Dive Into Housing Rentals in ZIP Code 90068

The 90068 ZIP Code is primarily located in Los Angeles, CA in Los Angeles County. The median housing rent in this California region is estimated at $1,770 per month. About 50.5% of housing units in this Los Angeles County ZIP Code are occupied by renters, while the region has an approximate rental vacancy rate of 8.2%.

The median rent in ZIP Code 90068 of $1,770 per month is 18% higher than the aggregate California median monthly rent of $1,503, and is 67% higher than the $1,062 the median monthly rent in the U.S. overall. Approximately 35.8% of residents in ZIP Code 90068 have a monthly rent payment between $1,500 and $1,999. That is 54% higher than in California overall, in which 23.2% of total state residents pay between $1,500 and $1,999 per month for housing. Just 2.9% of renters in this Los Angeles, CA region pay less than $500 per month for rent.

ZIP Code 90068 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 90068

See the chart below for a comparison of monthly rental costs in ZIP Code 90068, California, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 90068 along with those in the state of California and the U.S. overall. For example, what percentage of renters pay between $1,000 and $1,499 monthly.

Rental Cost in ZIP Code 90068

See the table below for the regional comparison of monthly rental costs.

Cost ZIP 90068 California U.S.
Less than $500 2.9% 4.9% 9.4%
$500 to $999 4.9% 16.5% 36.2%
$1,000 to $1,499 22.8% 28.6% 30.0%
$1,500 to $1,999 35.8% 23.2% 14.0%
$2,000 to $2,499 16.9% 13.4% 5.6%
$2,500 to $2,999 6.9% 6.9% 2.4%
$3,000 or more 9.7% 6.7% 2.4%

Rent Cost vs. Income in ZIP Code 90068

Renters in ZIP Code 90068 use an estimated 31.74% of their income to cover their monthly rent payments. That is about 2% higher than in California overall. The estimate for California overall is 31.23% of income used for housing rent payments. In comparison to the U.S. as a whole, ZIP Code 90068 renters use about 6% more of their income to cover rent expense. Household income figures for ZIP Code 90068 come in higher than in California as a whole. The median annual household income in ZIP Code 90068 of $88,535 sits approximately 18% higher than the overall California median income of $75,235 and approximately 41% higher than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 90068

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 90068, California, and also in the U.S. as a whole.

This chart visualizes monthly rent cost as a percentage of household income in ZIP Code 90068 along with the same calculations in the state of California and the U.S. overall. For example, what percentage of renters pay 15.0 to 19.9 percent of the monthly household income toward rent.

Rent as a Percentage of Income in ZIP Code 90068

See the table below for the regional comparison of monthly rent as a percentage of household income.

Rent Cost as % of Income ZIP 90068 California U.S.
Less than 15.0 percent 9.8% 10.3% 13.1%
15.0 to 19.9 percent 10.2% 11.2% 12.9%
20.0 to 24.9 percent 10.9% 12.2% 12.9%
25.0 to 29.9 percent 13.1% 11.5% 11.6%
30.0 to 34.9 percent 8.4% 9.6% 9.1%
35.0 percent or more 47.5% 45.2% 40.5%

Household Income in ZIP Code 90068

See the table below for the regional comparison of annual household income in ZIP Code 90068.

Income ZIP 90068 California U.S.
Less than $10,000 6.2% 4.8% 6.0%
$10,000 to $14,999 3.6% 4.1% 4.3%
$15,000 to $24,999 5.0% 7.5% 8.9%
$25,000 to $34,999 6.8% 7.5% 8.9%
$35,000 to $49,999 8.4% 10.5% 12.3%
$50,000 to $74,999 12.5% 15.5% 17.2%
$75,000 to $99,999 10.0% 12.4% 12.7%
$100,000 to $149,999 15.0% 16.6% 15.1%
$150,000 to $199,999 8.4% 8.9% 6.8%
$200,000 or more 24.0% 12.2% 7.7%

Household Income in ZIP Code 90068

See the chart below for a comparison of annual household income figures in ZIP Code 90068, California, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 90068 alongside the same figures for the state of California and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 90068

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 90068.

ZIP 90068 California U.S.
Median Housing Rent $1,770 $1,503 $1,062
Renter-Occupied Housing Units 50.5% 45.2% 36.0%
Rental Vacancy Rate 8.2% 3.6% 6.0%
Average Size of Renter-Occupied Unit 1.55 2.88 2.49
Average # of Bedrooms Per Unit 1.99 2.63 2.75
Percent of Income Spent on Rent 31.74% 31.23% 29.83%
Per Capita Income $86,299 $36,955 $34,103
Median Household Income $157,859 $106,916 $88,607
Living Below the Poverty Line 1.8% 9.6% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 90068

In ZIP Code 90068 (Los Angeles, CA), and estimated 50.5% of housing units are occupied by renters. This region has an approximate rental vacany rate of 8.2%.

The per capita income in 90068 is estimated at $86,299, which goes along with an estimated median household income of $157,859. About 1.8% of residents in this Los Angeles County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 1.55 occupants, while the units have an aggregate average size of 1.99 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 31.74% of their income on housing rental costs.

Rental FAQs for ZIP Code 90068

1

What is the median monthly rent in ZIP Code 90068?

Median rent for housing in ZIP Code 90068 in Los Angeles County in California is approximately $1,770 per month.
2

Is it expensive to rent in ZIP Code 90068?

Rent in ZIP Code 90068 is higher than average in the state of California overall. The median monthly rent of $1,770 in ZIP Code 90068 is approximately 18% higher than the California median of $1,503. Additionally, median rent in this Los Angeles, CA region ($1,770) is about 67% higher than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 90068?

High-priced rentals are more common in ZIP Code 90068 than in California overall. The percentage of rentals in ZIP Code 90068 that cost $3,000 or more per month (9.7%) is about 45% higher than the California rate of 6.7% that cost that much. Additionally, the overall U.S. rate of 2.4% paying $3,000 or more per month is about 304% lower than the aforementioned 90068 rate of 9.7%.
4

Are affordable rentals common in ZIP Code 90068?

Affordable rentals are less common in ZIP Code 90068 than in California overall. The percentage of housing rentals in ZIP Code 90068 costing $999 or less per month (7.8%) is approximately 64% lower than the California rate of 21.4% that fall in that range. In addition, the aggregate U.S. rate of 45.6% paying $999 or less per month is about 83% higher than the previously mentioned 90068 rate of 7.8%.
5

What is the most common cost range that rentals fall into in ZIP Code 90068?

The most common range for rental cost in ZIP Code 90068 is between $1,500 and $1,999 per month. About 35.8% of renters in 90068 pay in this range for monthly rent. In comparison, approximately 23.2% of renters in the state of California fall in the between $1,500 and $1,999 range, and 14.0% of overall U.S. renters fall in this range.
6

Does ZIP Code 90068 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 90068 is higher than the rental vacancy rate in the state of California overall. Rental vacancy of 8.2% in ZIP Code 90068 is about 128% higher than the California rate of 3.6%. Looking more broadly, rental vacancy in this Los Angeles, CA region (8.2%) is an estimated 37% higher than the estimated rental vacancy rate of 6.0% in the U.S. overall.
7

What is the average household income in ZIP Code 90068? How does it compare to other California regions?

Median household income in ZIP Code 90068 is higher than in the state of California overall. Annual household income of $88,535 in ZIP Code 90068 is about 18% higher than the California median of $75,235. Additionally, median household income in this Los Angeles, CA region ($88,535) is approximately 41% higher than median household income of $62,843 in the U.S. as a whole.
8

How much of their income do renters in ZIP Code 90068 spend on housing costs?

Renters in ZIP Code 90068 spend a higher amount of their income on rent costs than do renters in California overall. Renters in ZIP Code 90068 spend an estimated 31.74% of their income on rent payments, which is about 2% higher than the overall California estimated rate of 31.23%. In addition, the aggregate U.S. estimated rate of 29.83% of income spent on housing rental costs is about 6% lower than the ZIP Code 90068 estimated rate of 31.74%.
9

Do renters in ZIP Code 90068 typically spend a large portion of their income on rent payments?

It is common for renters in ZIP Code 90068 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 90068 spending 30 percent or more of their income on rent costs (55.9%) is approximately 2% higher than the California rate of 54.8% that spend that much. In addition, the overall U.S. rate of 49.6% paying 30 percent or more of their income on rent costs is about 13% lower than the aforementioned 90068 rate of 55.9%.
10

What is the average household size of renter-occupied units in ZIP Code 90068?

The average household size of renter-occupied units in ZIP Code 90068 is lower than in the state of California overall. Annual household size of 1.55 in ZIP Code 90068 is about 46% lower than the California median of 2.88. Additionally, median household size in this Los Angeles, CA region (1.55) is approximately 38% lower than median household size of 2.49 in the U.S. as a whole.

Rental Insights for other California ZIP Codes