Riverside County
California · Pop. 2,458,395
Ranked #146 of 200 counties
32Crisis
Median Home Price
🏠$550K
3.5% YoY
Median Rent
🔑$1,800
Median Income
💰$72K
Rent Burden
📊32.5%
% of income to rent
Housing Shortage
🏗️95,000
estimated unit deficit
Building Permits (2024)
📋18,000
Price-to-Income Ratio
⚖️7.6x
Homeownership Rate
🏡64.0%
How Riverside County Compares
| Metric | Riverside County | California | National |
|---|---|---|---|
| Home Price | $550K | $726K | $410K |
| Rent | $1,800 | $1,992 | $1,500 |
| Income | $72K | $96K | $75K |
| Rent Burden | 32.5% | 40.5% | 30.0% |
| Homeownership | 64.0% | 56.0% | 65.0% |
Key Takeaways
- • Home prices are 34% above the national average.
- • Rent is 20% above the national average.
- • The county has an estimated housing shortage of 95,000 units.
- • 18,000 building permits were issued in 2024.
- • Year-over-year home prices changed by 3.5%.