Direct recent-lease rent history
Monthly overall-rent index; missing observations are not filled from another geography.
FIPS 06059 · population 3,165,820 · part of Los Angeles, CA
The latest county-level Zillow ZORI is $3,186 per month in 2026-06. It is a typical asking-rent index across rental types—not an arithmetic average, signed lease or quote for one property.
| Bedrooms | HUD monthly FMR | Geography | Measurement boundary |
|---|---|---|---|
| Studio | $2,682 | Orange County, CA | HUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent. |
| 1 bedroom | $2,746 | Orange County, CA | HUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent. |
| 2 bedrooms | $3,236 | Orange County, CA | HUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent. |
| 3 bedrooms | $4,393 | Orange County, CA | HUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent. |
| 4 bedrooms | $5,246 | Orange County, CA | HUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent. |
Zillow asking rent, ACS gross rent and HUD FMR describe different housing universes. They remain separate and no metro, city or neighboring-county value replaces missing county evidence.Zillow pulled 2026-07-26 · HUD pulled 2026-07-26
Everything here joins on the county FIPS code, so each figure comes from the agency that publishes it with no name matching in between.
Zillow estimates a current home value. FHFA tracks repeat mortgage transactions. Their growth rates should be read side by side, not averaged.
Survey source: Census ACS 5-year — county housing value, tenure and stock · ACS 2024 5-year · pulled 2026-07-30. These values describe different housing universes and are not combined into gross yield.
Workplace source: BLS QCEW — county employment and wages · annual county employment and wages 2021-2025; latest 2025 vs 2024 · pulled 2026-08-02. QCEW counts covered jobs located in the county, not employed residents or the metro score’s CES/LAUS series.
BEA per-capita personal income divides all personal income by the county population. It is broader than wages, but it is not household income or a measure of what renters can afford.
HUD CHAS separates renter households by income relative to local HAMFI. Moderate burden means housing costs above 30% through 50% of income; severe burden means more than 50%.
These Apartment List observations match the exact county Census code 06059. They are kept separate from Zillow asking rent, Census occupied-home rent and wider metro measures.
Monthly overall-rent index; missing observations are not filled from another geography.
Orange County presents a high-entry-price, low-income-return tension: at Zillow’s 2026-06 county observation, median home value was $1,194,969 while published median asking rent produced a 3.20% gross yield before costs. Buyers whose thesis depends on current cash flow should be cautious; those able to underwrite low yield against verified expenses and site risks should investigate. The central question is whether rent can absorb carrying costs, not whether appreciation headlines persist.
At that Zillow observation, median asking rent was $3,186 monthly, up 2.34%, and the published gross yield is before costs. HUD’s $3,236 two-bedroom FMR is a payment standard, not market rent; the asking rent equals 98.5% of it, but FMR cannot substitute for rent in a yield calculation. The 0.66% effective property-tax rate and $6,330 median annual tax raise carrying-cost scrutiny. Zillow value rose 1.69% year over year, whereas FHFA’s 2025 repeat-transaction HPI rose 3.33%. Separate vintages and methods show positive direction, not one combined growth rate or a home value.
QCEW’s 2025 annual average records covered employment at county workplaces, up 0.12%; it is neither resident employment nor an unemployment measure. Tax-return migration was net negative by 11,618 households, yet average mover AGI was $7,884 higher for entrants than leavers. Investor purchase mortgages accounted for 13% of the 16,520 purchase mortgages, a meaningful buyer segment but not proof that investors set prices. These are county-level demand inputs requiring submarket and tenure detail.
Realtor.com’s separate MLS listing-market observation had 18.20% of active listings price-reduced, seller-concession evidence rather than closed-sale pricing or proof of buyer demand. Inland flood is the dominant hazard, and modeled annual climate loss equals 0.30% of building value; insurance availability and site exposure could alter cost assumptions. Missing property type, financing, insurance, flood-zone, vacancy, operating-expense, lease, sale, and submarket data prevent a levered cash-flow, resale, or parcel-level hazard conclusion. Verify those items alongside rent comps and tax bills.
This view uses 12 direct Zillow ZIP markets matched to Census ZCTAs. Each ZIP is assigned by its largest HUD residential county share; this is not an exhaustive county inventory.
The selected direct Zillow ZORI evidence shows a materially wide June 2026 asking-rent range: $2,274 at the low end and $3,596 at the high end, a $1,322 spread around a $2,913 selected-set median. Orange County’s Zillow index is $3,186, up 2.34% year over year. The practical question is therefore not whether one countywide rent represents every option, but whether a household’s unit size, move timing, and budget fit the current asking-rent tier available where it is looking. The range should trigger live-listing comparisons at the time of search rather than be treated as a quote for any one home.
These Zillow figures must be read independently from ACS and HUD. Zillow’s ZIP ZORI is a typical observed asking-rent index, while ACS 2024 five-year ZCTA median gross rent describes surveyed occupied rental costs. In 92627, the $3,453 ZORI and $2,365 ACS estimate coexist but cannot be subtracted into appreciation, availability, or a unit-level price. HUD’s FY2026 two-bedroom FMR is an administrative benchmark, not an asking rent: $3,070 across the shown ZIPs, compared with $3,236 for the county. The corresponding ZORI-to-HUD relationship runs from 74.1% to 117.1%, useful only for bedroom-matched program-standard screening.
Affordability pressures are broad rather than confined to only the highest ZORI readings. ACS estimates put the share of renter households spending at least 30% of income on gross rent between 48.7% and 65.0% in the selected ZCTAs, against 56.6% countywide. At the same time, ACS vacancy ranges from 2.5% to 10.8%, versus 5.5% for the county. A lower vacancy rate can mean fewer immediately available units to compare, while a higher burden share signals more households crossing the stated cost threshold; neither measures listing quality, negotiation outcomes, nor why rents differ. Evaluate affordability after utilities and recurring charges, and treat vacancy as a stock indicator, not a guarantee of an available comparable.
The sample does not map a complete county rental inventory: it contains 12 ZIP/ZCTA direct-evidence matches from 72 eligible matches and covers 147,833 renter households. Census ZCTAs are statistical areas rather than USPS delivery ZIPs, and ZIPs can cross county lines; the display assignment uses the largest HUD residential-address share, which is 100% for every shown ZIP in this packet. Before acting, confirm the exact property address, bedroom count, listing date, lease term, concessions, utilities, deposits, parking, availability, and whether the quoted rent is the current asking amount, including any mandatory monthly fees. Match any HUD comparison to the applicable program and bedroom standard.
72 ZIP profiles passed the county gate; the 12 with the most renter households are shown.
| ZIP / ZCTA | Zillow asking rent | ACS gross rent | HUD 2BR | Burden 30%+ | Vacancy | Income screen | HUD county share |
|---|---|---|---|---|---|---|---|
| 92618 | $3,481 | $3,202 | $3,070 | 51.4% | 7.4% | $139k | 100.0% |
| 92804 | $2,274 | $2,070 | $3,070 | 65.0% | 3.7% | $91k | 100.0% |
| 92627 | $3,453 | $2,365 | $3,070 | 48.7% | 4.4% | $138k | 100.0% |
| 92805 | $2,778 | $2,175 | $3,070 | 52.4% | 5.1% | $111k | 100.0% |
| 92683 | $2,618 | $2,170 | $3,070 | 59.3% | 3.8% | $105k | 100.0% |
| 92647 | $2,840 | $2,430 | $3,070 | 53.8% | 4.5% | $114k | 100.0% |
| 92626 | $3,033 | $2,570 | $3,070 | 54.8% | 5.3% | $121k | 100.0% |
| 92801 | $2,615 | $2,056 | $3,070 | 58.8% | 4.0% | $105k | 100.0% |
| 92648 | $3,596 | $2,472 | $3,070 | 48.9% | 6.4% | $144k | 100.0% |
| 92612 | $3,283 | $2,872 | $3,070 | 54.7% | 10.8% | $131k | 100.0% |
| 92704 | $2,986 | $2,241 | $3,070 | 50.5% | 2.5% | $119k | 100.0% |
| 92780 | $2,636 | $2,310 | $3,070 | 58.6% | 3.6% | $105k | 100.0% |
Open a five-digit report for asking rent, affordability, rent history and resale liquidity. Each row keeps its ZIP/ZCTA measurement scope.
| ZIP report | City label | Zillow rent | 1Y change | ACS burden 30%+ | Population |
|---|---|---|---|---|---|
| ZIP 92620 rental reportOrange County | Irvine, CA | $3,706 | ▲ 2.1% | 48.3% | 61,631 |
| ZIP 92618 rental reportOrange County | Irvine, CA | $3,481 | ▲ 1.6% | 51.4% | 66,126 |
| ZIP 92612 rental reportOrange County | Irvine, CA | $3,283 | ▲ 2.1% | 54.7% | 33,714 |
| ZIP 92647 rental reportOrange County | Huntington Beach, CA | $2,840 | ▲ 2.3% | 53.8% | 59,047 |
| ZIP 92805 rental reportOrange County | Anaheim, CA | $2,778 | ▼ 0.4% | 52.4% | 74,661 |
| ZIP 92801 rental reportOrange County | Anaheim, CA | $2,615 | ▲ 3.3% | 58.8% | 60,547 |
| ZIP 92804 rental reportOrange County | Anaheim, CA | $2,274 | ▲ 2.7% | 65.0% | 83,537 |
Zillow ZORI is an asking-rent index. ACS burden and population describe the Census ZCTA; missing observations remain n/a.
Census-recognized incorporated places and CDPs that intersect this county. The list does not pretend to include every neighborhood or informal community.
Population is the total place-wide ACS estimate, not an allocated county share. A place crossing a county line is labelled explicitly. Source: Census ACS 5-year — cities and communities · ACS 2024 5-year · pulled 2026-07-30.
0.295% of building value expected lost per year
$6,330 median annual bill
57,152 in · 68,770 out
$104,105 arriving · $96,221 leaving
2,148 of 16,520 mortgages
Listing price is an asking price, not a closed sale. Quality-flagged county rows are withheld instead of displayed.
A metro is an average of these. Which side of a county line a property sits on can change the tax bill, the hazard profile and the tenant pool.
| County | Population | Price | Rent | Yield | Hazard |
|---|---|---|---|---|---|
| Orange County | 3,165,820 | $1195k | $3,186 | 3.2% | inland flooding |
| Los Angeles County | 9,808,667 | $888k | $2,808 | 3.8% | earthquake |
No. It is a two-bedroom payment standard; the record separately publishes median asking rent.
It is a repeat-transaction appreciation index, not a dollar home value.
Annual covered employment at workplaces in the county, not resident employment or unemployment.