Terrano
2804 Fashion Dr,
Corona, CA 92883
1-3 Beds | $2,220 - $3,689
Rental Market Trends in Corona, CA
What is the average rent in Corona, CA?
$2,007/month
Average Rent
666 Sq Ft
Average Apartment Size
-1.3%
Decrease in the Last Year
As of December 2024, the average rent in Corona, CA is $2,007 per month. This is 29% higher than the national average rent price of $1,560/month, making Corona one of the most expensive cities in the US. When you rent an apartment in Corona, you can expect to pay about $1,700 per month for a studio, $2,007 for a one-bedroom apartment, and around $2,402 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,905 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Corona, CA?
In the past year, rent has decreased by 1.3%, which averages out to $27 less per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated December 2024
Legend
2023
2024
Rent Ranges in Corona, CA
Last Updated December 2024
Above $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
12%
$700 - $1,000/month
24%
$1,001 - $1,500/month
12%
$1,501 - $2,000/month
52%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Corona?
Based on current rent prices, Downtown Corona, Dos Lagos and Wildrose are the most affordable neighborhoods in Corona.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Corona?
Based on current rent prices, Wildrose, Dos Lagos and Downtown Corona are the most expensive neighborhoods in Corona.
Neighborhood
Average Rent
Average Sq Ft
Which Corona neighborhoods have the most rentals available?
The neighborhoods in Corona with the most apartments available are Dos Lagos, Wildrose and Downtown Corona .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Corona, CA?
Because the average rent in Corona is $2,007, you’ll want to make about $6,690 per month or $80,280 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Corona, CA compare to other nearby cities and neighborhoods?
Use the tool below to compare Corona, CA to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
-
-
One Bedroom
$1,196/month
-
Two Bedroom
$1,543/month
-
Three Bedroom
$1,510/month
-
Nearby City Rent Trends
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Greystar
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3,191
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884,840
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AMC
-
650
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128,259
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248
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FPI Management
-
598
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104,040
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215
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Avenue5 Residential
-
518
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113,804
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199
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Bell Partners
-
257
Communities
-
81,820
Units
-
136
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1 Community in Corona
SRG Residential
-
61
Communities
-
15,488
Units
-
42
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1 Community in Corona
Sequoia Equities, Inc
-
58
Communities
-
14,572
Units
-
39
Cities
1 Community in Corona
Advanced Management Company
-
63
Communities
-
11,666
Units
-
28
Cities
1 Community in Corona
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Methodology
† Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
* Percentages may not total 100 due to rounding.