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Garden Grove city, CA

ZIP 92840 — Housing & Real Estate

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

Middle ClassLarge CommunityLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 92840

Median Home Value
$746,900
Median Rent
$1,826
Affordability Snapshot
$206,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$4,798/mo PITI).

23%
Rent-to-Income Ratio

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

7.7x
Home Price-to-Income Ratio

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

34.1 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 92840 in Garden Grove city, CA, a household would need roughly $206,000 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 $4,798. That is about 113% above the local median household income ($96,555), 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

Diverse housing tenure.

Heating Fuel
Housing Metrics
Owner Occupied
53.4%-18% vs US avg
x
Vacancy Rate
4.6%-55% vs US avg
x
Broadband Access
91.3%+5% vs US avg
x
4+ Bedrooms
2.0%-86% vs US avg
x
Built Pre-1939
2.8%-78% vs US avg
x
Built Post-2014
0.8%-88% vs US avg
x
Rent Burden >30%
26.6%-46% vs US avg
x
Mortgage-Free
34.5%-10% vs US avg
x
$746,900
Home Value
$1,826
Rent
1961
Year Built
2011
Moved In

Residents have lived here since ~2011 on average

Housing Structure

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

  • 1-unit detached55.4%
  • 1-unit attached6.4%
  • 2-9 units12.8%
  • 10+ units20.7%
  • Mobile home & other4.7%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$746,900
Median rent$1,826
Owner-occupied53.4%
Vacant4.6%
Price-to-income7.7x
Est. income to buy$206,000