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Covina city, CA

ZIP 91723 — Housing & Real Estate

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

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 91723

Median Home Value
$663,800
Median Rent
$1,621
Affordability Snapshot
$183,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$4,264/mo PITI).

22%
Rent-to-Income Ratio

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

7.6x
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 91723 in Covina city, CA, a household would need roughly $183,000 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 $4,264. That is about 109% above the local median household income ($87,363), 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
42.9%-34% vs US avg
x
Vacancy Rate
4.0%-61% vs US avg
x
Broadband Access
90.9%+5% vs US avg
x
4+ Bedrooms
1.0%-93% vs US avg
x
Built Pre-1939
3.6%-72% vs US avg
x
Built Post-2014
1.0%-85% vs US avg
x
Rent Burden >30%
24.1%-51% vs US avg
x
Mortgage-Free
28.6%-25% vs US avg
x
$663,800
Home Value
$1,621
Rent
1961
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 detached40.7%
  • 1-unit attached9.4%
  • 2-9 units23.2%
  • 10+ units26.3%
  • Mobile home & other0.4%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$663,800
Median rent$1,621
Owner-occupied42.9%
Vacant4.0%
Price-to-income7.6x
Est. income to buy$183,000