Fontana, CA
San Bernardino County ยท Pop. 218,585
Ranked #192 of 243 cities
28Crisis
Median Home Price
๐$520K
2.8% YoY
Median Rent
๐$1,800
2.5% YoY
Median Income
๐ฐ$72K
Rent Burden
๐32.5%
% of income to rent
Income to Buy
๐ฆ$149K
annual income needed
Income to Rent
๐$72K
annual income needed
Price-to-Income
โ๏ธ7.2x
Homeownership
๐ก66.0%
Rent vs. Buy
Buy
$2,768/mo
Est. mortgage (7%, 20% down)
Need $149K/yr income
Rent
$1,800/mo
Median rent
Need $72K/yr income
How Fontana Compares
| Metric | Fontana | California | National |
|---|---|---|---|
| Home Price | $520K | $726K | $410K |
| Rent | $1,800 | $1,992 | $1,500 |
| Income | $72K | $96K | $75K |
| Rent Burden | 32.5% | 40.5% | 30.0% |
Key Takeaways
- โข Home prices in Fontana are 27% higher than the national average.
- โข Rent is 20% higher than the national average.
- โข You need an income of $149K to comfortably buy a home here.
- โข The homeownership rate is 66.0%, compared to 65.0% nationally.