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Covina, CA

Full City Profile · California · Los Angeles County County

2.8 /5.0
C+ Fair
50,143 Population 7,123/sq mi density
$94,792 Median Income $38,840 per capita
$666,000 Home Value $796,509 Zillow
$1,839 Median Rent 31.1% income on rent
65°F Avg Temperature 330 sunny days/yr
356 Violent Crime/100K 2,478 property/100K
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
A+
Economy
4.5 / 5.0
$94,792 median income, 4.3% unemployment
C+
Affordability
2.7 / 5.0
$666,000 home value, $1,839/mo rent
F
Safety
1.0 / 5.0
356 violent crimes/100K
B
Education
3.2 / 5.0
27.4% bachelor's degree or higher

Housing Overview

Median Home Value
$666,000
136% above
US avg: $281,900
Median Rent
$1,839/mo
58% above
US avg: $1,163/mo
Homeownership Rate
57.3%
12% below US avg (65.4%)
Total Housing Units
17,023
Median year built: 1964

Home Value by Source

Census Median
$666,000
Zillow (ZHVI)
$796,509
Median Sale Price
$859,500
Median List Price
$844,450
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

57.3%
Owner-Occupied
42.7%
Renter-Occupied
57%
43%
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: $1,839/mo · Zillow rent: $2,453/mo

Market Indicators (Redfin)

Median Days on Market
35 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
16
Price Drops
26.9%
of listings with price reduction
Price Per Sq Ft
$481
Active Inventory
52
homes for sale

Affordability & Housing Stock

Rent Burden
31.1%
of renters spending 30%+ of income on housing
0% below US avg (31.0%)
Median Year Built
1964
Average age of housing stock: 62 years
Homeownership Rate
57.3%

Complete Housing Data

Home Values

Census Median Value$666,000
Zillow Home Value (ZHVI)$796,509
Median Sale Price$859,500
Median List Price$844,450
Price Per Sq Ft$481

Rent

Census Median Rent$1,839
Zillow Rent (ZORI)$2,453
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 Market35
Sale-to-List Ratio1.0%
Price Drops26.9%
Homes Sold16
Active Inventory52
Price Per Sq Ft$481

Ownership & Stock

Owner-Occupied57.3%
Renter-Occupied42.7%
Homeownership Rate57.3%
Total Housing Units17,023
Median Year Built1964
Rent Burden31.1%