Rancho Cucamonga, CA
San Bernardino County ยท Pop. 177,452
Ranked #204 of 243 cities
24Crisis
Median Home Price
๐$580K
2.8% YoY
Median Rent
๐$2,000
2.5% YoY
Median Income
๐ฐ$82K
Rent Burden
๐31.5%
% of income to rent
Income to Buy
๐ฆ$167K
annual income needed
Income to Rent
๐$80K
annual income needed
Price-to-Income
โ๏ธ7.1x
Homeownership
๐ก62.0%
Rent vs. Buy
Buy
$3,087/mo
Est. mortgage (7%, 20% down)
Need $167K/yr income
Rent
$2,000/mo
Median rent
Need $80K/yr income
How Rancho Cucamonga Compares
| Metric | Rancho Cucamonga | California | National |
|---|---|---|---|
| Home Price | $580K | $726K | $410K |
| Rent | $2,000 | $1,992 | $1,500 |
| Income | $82K | $96K | $75K |
| Rent Burden | 31.5% | 40.5% | 30.0% |
Key Takeaways
- โข Home prices in Rancho Cucamonga are 41% higher than the national average.
- โข Rent is 33% higher than the national average.
- โข You need an income of $167K to comfortably buy a home here.
- โข The homeownership rate is 62.0%, compared to 65.0% nationally.