Corona Historic Civic Center

Living here

Cost of living in Corona

Housing is much more expensive than the US average. Rents, home prices, taxes and how far a paycheck goes.

Median rent

$2,136/mo

58% above US

Median home value

$656,500

116% above US

Median household income

$106,438

36% above US

Rent as share of income

24%

US 21%

Home price to income

6.2×

US 3.9×

Sales tax

8.75%

Rent by number of bedrooms

Studio$1,605a month
1 bedroom$1,705a month
2 bedrooms$2,103a month
3 bedrooms$2,771a month
4 bedrooms$3,336a month

HUD 2027 fair market rents for Riverside-San Bernardino-Ontario, CA MSA (gross rent including utilities, near the 40th percentile of local rents). Source: HUD USER.

How Corona compares

Median monthly rent
Median home value

Taxes

Compare with nearby cities

Life in Corona

Corona freeway interchange and cityscape with distant snow-covered mountains
CoronaCAFredBren · Public domain
UTC View of the western portion of Corona, Riverside County, California from an airplane heading to John Wayne Airport
2025-08-08 23 26 42 UTC View of the western portion of Corona, Riverside County, California from an airplane heading to John Wayne AirportFamartin · CC BY-SA 4.0
Corona, CA train station
Corona, CA train stationRon Reiring · CC BY 2.0

Questions

Is Corona expensive to live in?

Housing in Corona is much more expensive than the national average: median rent is $2,136 (58% above US) and the median home value is $656,500 (116% above US).

How much is rent in Corona?

The median gross rent is $2,136 a month. HUD’s 2027 fair market rents for the area are studio $1,605, 1 bedroom $1,705, 2 bedrooms $2,103, 3 bedrooms $2,771, 4 bedrooms $3,336.

How much of their income do renters spend in Corona?

At the median, a year’s rent ($25,632) equals about 24% of the median household income ($106,438); nationally it’s about 21%.

What are taxes like in Corona?

Sales tax is 8.75% and property taxes run about 0.74% of home value a year.

Sources: U.S. Census Bureau, American Community Survey 2019–2023 5-year estimates; HUD fair market rents; CDTFA California City & County Sales & Use Tax Rates.

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