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Banning, CA

Full City Profile · California · Riverside County County

2.6 /5.0
C+ Fair
30,680 Population 1,320/sq mi density
$57,699 Median Income $31,352 per capita
$322,900 Home Value $410,418 Zillow
$1,528 Median Rent 36.1% income on rent
65°F Avg Temperature 330 sunny days/yr
432 Violent Crime/100K 1,692 property/100K
C+
Overall
2.6 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.5 / 5.0
$57,699 median income, 3.3% unemployment
B+
Affordability
3.5 / 5.0
$322,900 home value, $1,528/mo rent
F
Safety
1.0 / 5.0
432 violent crimes/100K (14% above avg)
C
Education
2.4 / 5.0
17.4% bachelor's degree or higher

Housing Overview

Median Home Value
$322,900
15% above
US avg: $281,900
Median Rent
$1,528/mo
31% above
US avg: $1,163/mo
Homeownership Rate
71.5%
9% above US avg (65.4%)
Total Housing Units
11,985
Median year built: 1982

Home Value by Source

Census Median
$322,900
Zillow (ZHVI)
$410,418
Median Sale Price
$400,000
Median List Price
$450,350
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

71.5%
Owner-Occupied
28.5%
Renter-Occupied
72%
29%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,513/mo
1 Bedroom
$1,647/mo
2 Bedroom
$2,053/mo
3 Bedroom
$2,752/mo
4 Bedroom
$3,165/mo
Census median rent: $1,528/mo · Zillow rent: $2,208/mo

Market Indicators (Redfin)

Median Days on Market
102 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
31
Price Drops
25.4%
of listings with price reduction
Price Per Sq Ft
$245
Active Inventory
169
homes for sale

Affordability & Housing Stock

Rent Burden
36.1%
of renters spending 30%+ of income on housing
16% above US avg (31.0%)
Median Year Built
1982
Average age of housing stock: 44 years
Homeownership Rate
71.5%

Complete Housing Data

Home Values

Census Median Value$322,900
Zillow Home Value (ZHVI)$410,418
Median Sale Price$400,000
Median List Price$450,350
Price Per Sq Ft$245

Rent

Census Median Rent$1,528
Zillow Rent (ZORI)$2,208
FMR Studio$1,513
FMR 1-Bedroom$1,647
FMR 2-Bedroom$2,053
FMR 3-Bedroom$2,752
FMR 4-Bedroom$3,165

Market

Days on Market102
Sale-to-List Ratio1.0%
Price Drops25.4%
Homes Sold31
Active Inventory169
Price Per Sq Ft$245

Ownership & Stock

Owner-Occupied71.5%
Renter-Occupied28.5%
Homeownership Rate71.5%
Total Housing Units11,985
Median Year Built1982
Rent Burden36.1%