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Covina city, CA

ZIP 91724 — Housing & Real Estate

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

Upper Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 91724

Median Home Value
$722,600
Median Rent
$1,893
Affordability Snapshot
$199,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$4,642/mo PITI).

22%
Rent-to-Income Ratio

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

7.1x
Home Price-to-Income Ratio

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

31.8 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 91724 in Covina city, CA, a household would need roughly $199,000 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 $4,642. That is about 95% above the local median household income ($102,129), 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
68.4%+5% vs US avg
x
Vacancy Rate
3.8%-63% vs US avg
x
Broadband Access
91.7%+5% vs US avg
x
4+ Bedrooms
2.8%-81% vs US avg
x
Built Pre-1939
1.8%-86% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
20.0%-60% vs US avg
x
Mortgage-Free
26.8%-30% vs US avg
x
$722,600
Home Value
$1,893
Rent
1968
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 detached62.8%
  • 1-unit attached8.3%
  • 2-9 units12.3%
  • 10+ units11.0%
  • Mobile home & other5.5%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$722,600
Median rent$1,893
Owner-occupied68.4%
Vacant3.8%
Price-to-income7.1x
Est. income to buy$199,000