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Murrieta city, CA

ZIP 92562 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Upper Middle ClassLarge CommunityLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 92562

Median Home Value
$629,000
Median Rent
$2,029
Affordability Snapshot
$173,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$4,041/mo PITI).

22%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

5.6x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

25.8 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 92562 in Murrieta city, CA, a household would need roughly $173,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $4,041. That is about 53% above the local median household income ($113,204), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
70.5%+8% vs US avg
x
Vacancy Rate
4.5%-57% vs US avg
x
Broadband Access
95.4%+10% vs US avg
x
4+ Bedrooms
13.9%-6% vs US avg
x
Built Pre-1939
0.4%-97% vs US avg
x
Built Post-2014
0.5%-93% vs US avg
x
Rent Burden >30%
23.7%-52% vs US avg
x
Mortgage-Free
25.0%-35% vs US avg
x
$629,000
Home Value
$2,029
Rent
1997
Year Built
2014
Moved In

Residents have lived here since ~2014 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached77.8%
  • 1-unit attached3.9%
  • 2-9 units5.8%
  • 10+ units10.3%
  • Mobile home & other2.1%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$629,000
Median rent$2,029
Owner-occupied70.5%
Vacant4.5%
Price-to-income5.6x
Est. income to buy$173,000