Housing market/California/ZIP 92203

ACS 2023 · FY2027 SAFMR

ZIP 92203 Indio, California

Riverside-San Bernardino-Ontario, CA MSA · California. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
33,381
Households
11,740
Median HH income
$97,969
Renter share
19.7%
Median gross rent
$1,990
Vacancy
20.4%
Pop. change
+8.6%
2BR SAFMR
$2,200
SAFMR / rent
1.106×
2–49 unit stock
1,373
LIHTC proj / units
1 / 90
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 92203 · CA — sent to you.

ZIP 92203 · CA

ACS median rent$1,990
2BR SAFMR$2,200
90% floor$1,980
110% ceiling$2,420

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 92203

  • 1-unit detached11,50278.1%
  • 1-unit attached8245.6%
  • 2–4 units6484.4%
  • 5–49 units7254.9%
  • 50+ units1851.3%
  • Mobile8435.7%
TypeUnitsShare
1-unit detached11,50278.0%
1-unit attached8245.6%
2 units (duplex)480.3%
3–4 units6004.1%
5–9 units4893.3%
10–19 units2091.4%
20–49 units270.2%
50+ units1851.3%
Mobile8435.7%

2–4 unit share 4.4% · 5–49 unit share 4.9% · combined 2–49 9.3%.

Units by bedrooms

Studio
212
1BR
1,390
2BR
4,406
3BR
4,992
4BR
3,139
5+
611

Rent burden

Rent ≥30% of income54.6%
Rent ≥50% of income20.0%
  • ACS median gross rent $1,990 (all bedrooms, occupied rentals).
  • Median contract rent $1,804.
  • Renters paying ≥30% of income 54.6%; ≥50% 20.0%.
  • FY2027 2BR SAFMR $2,200 (1.106× ACS median gross rent).

Population

33,381 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +8.6%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: 1 projects, 90 units.
  • HUD project-based assisted MF: not published for this ZIP.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 3,066 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 92203 19.7% of occupied households are renters; vacancy is 20.4%; ACS median gross rent is $1,990; population increased +8.6% between the 2018 and 2023 ACS vintages; the housing stock includes 648 units in 2–4-unit structures and 725 units in 5–49-unit structures; 1 LIHTC projects totaling 90 units; FY2027 2BR SAFMR is $2,200 versus ACS median gross rent of $1,990. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

California research

ZIP 92203 is a Census / HUD profile for Riverside-San Bernardino-Ontario, CA. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is California research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 92203?

ZIP 92203 (Riverside-San Bernardino-Ontario, CA MSA) has 33,381 residents, 11,740 households, a renter share of 19.7%, median household income of $97,969, and ACS 2023 median gross rent of $1,990. Vacancy is 20.4%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 92203?

ACS counts 48 units in 2-unit buildings, 600 in 3–4 unit buildings, 489 in 5–9, 209 in 10–19, and 27 in 20–49. Combined 2–49 unit stock is 1,373 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 92203?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $2,200. See the full schedule and 90–110% payment-standard band on the ZIP 92203 — Indio, CA HUD Section 8 Payment Standards / SAFMR.

Does this California ZIP profile include Georgia listings?

No. ZIP 92203 is Census / HUD research for Riverside-San Bernardino-Ontario, CA MSA. Jeff Crowe CRE does not list California property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.