Corona, California.
Typical home $750,756 (+0.2% in a year), asking rent $2,661 (+3.1%). Riverside-San Bernardino-Ontario, CA metro.
to buy the typical home at today's mortgage rate — +$2,119 (+116%) since Jan 2020.
- 1 year
- Up $1,709 +0%
- $749,047$750,756 since Sep 2025
- 5 years
- Up $110,976 +17%
- $639,780$750,756 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Corona$3,941
- California$3,997
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 22 years.
Typical home values in Corona, CA rose 0.2% over the past year — slower than the nation's +1.2%.
Asking rents in Corona, CA rose 3.1% over the past year — faster than the nation's +2.7%.
Owning the typical home in Corona runs $2,571/mo more than renting one. The gap peaked at $2,917 in May 2024.
That is $5,232 a month against $2,661 rent: a $3,941 mortgage payment, plus $488 property tax and $804 insurance & upkeep.
Owning vs renting — Corona
The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.
- Owning all in$5,232
- Renting$2,661
- Mortgage only$3,941
Property tax · $488/mo 0.78% of value a year — the ACS 2020-2024 median bill over the median home value for Riverside County, CA
Insurance & upkeep · $804/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.
Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.
Living in Corona, Riverside County, California
Corona is a city of 157,136 people in Riverside County. Half its households earn more than $109,242 a year and half less, against $93,074 across Riverside County; 9% of its people live below the poverty line. 64% of its homes are lived in by their owners and 36% are rented. Unemployment in Corona was 4.7% in August 2026, and Riverside County had 0.7% more jobs in 2025 than the year before. The most residents work in schools and health care, then manufacturing.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Corona is a city in Riverside County, home to a large population that has grown well beyond its roots as a citrus-growing town. Household incomes run above the county's, and most homes are lived in by their owners, though homes here cost a good deal and rents are high. Winters are mild, with the coldest days in December still cool rather than freezing, while summers get hot, especially in August, and the year brings little rain and no real snow.
Work. Residents work mostly in schools, hospitals and social care, with manufacturing, professional and business services, and shops close behind. Among the largest workplaces in Corona are Monster Energy Company, which makes soft drinks, Corona Regional Medical Center, and Amazon, which runs a warehouse here. Commutes tend to be long, and a share of people work from home, while unemployment is about where it stood a year ago.
Things to do. A short drive away, Lake Mathews is a reservoir and Temescal Creek is a waterway, both good for time outdoors close to home. Farther afield, Disneyland is the best known of the area's amusement parks, a longer drive away, and Knott's Berry Farm is another park, also a longer drive. The Richard Nixon Presidential Library and Museum is a museum within a longer drive as well.
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- 49,247households
- 32%of adults have a degree
- 9%below the poverty line
- 34 mintypical commute
- 14%work from home
What residents work in
Employed residents by industry, from the Census survey. Riverside County had 846,070 jobs in 2025, 0.7% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in December, with highs near 69° and lows near 40°; warmest in August, with highs near 96° and lows near 63°. About 10 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Chino Airport weather station, 9 miles away (NOAA).
Largest workplaces in Corona
- Monster Energy Company - 2455 Anselmo Dr, CoronaSoft drinks manufacturing3,076
- Monster Energy Company 2535 Anselmo DrSoft drinks manufacturing3,076
- FMIC (311 Corona)Electric musical instruments manufacturing1,003
- Corona Regional Medical CenterGeneral hospital744FTE
- AmazonGeneral warehousing and storage591
- All American AsphaltAsphalt paving blocks made from purchased asphaltic materials550
- Thermal StructuresAircraft engine and engine parts manufacturing440
- City HallGeneral services departments, government400
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 173 workplaces with 20 or more staff, 26,042 people in all. Hospitals come from their Medicare cost reports (CMS, 2023); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- EarthquakesRelatively high
- Inland floodingRelatively high
- WildfireRelatively high
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Corona’s census tracts, against the rest of the country; all of them together, relatively high. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Riverside County and the Riverside-San Bernardino-Ontario, CA metro.
Corona home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Corona$750,756
- California$761,538
- United States$366,157
Levy by levy, and a check of one home’s own bill, the site covers Ohio’s property tax.
Sellers are cutting prices on about 1 in 4 Corona listings, and the typical home goes pending in 26 days — the market is heating up.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Corona26.38%
- United States26.90%
Days to pending
How long the typical listing takes to go under contract.
- Corona26
- United States27
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Corona519
New listings per month
Sellers arriving at the market.
- Corona150
Median sale price
What buyers actually paid — closed sales, not asking prices.
- Corona$745,454
- United States$371,407
Sale-to-list ratio
Above 100%, homes sell over asking; below, buyers negotiate wins.
- Corona99.55%
Zip codes with a Corona address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Corona — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.
Zip codes in Corona
| Zip activate to sort by Zip | Place activate to sort by Place | Population sorted descending, activate to sort ascending | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|
| 92882 | Corona | 68,715 | $2,833 | $769,503 |
| 92879 | Corona | 49,317 | $2,576 | $683,686 |
| 92883 | Corona | 39,990 | $3,338 | $746,399 |
| 92881 | Corona | 30,347 | $2,557 | $856,543 |