Covina, CA has a population of 48,601, while the median age is 36. The household income in Covina, CA is around $68,311. The homeownership rate among the residents is 57%. The median residential property value in Covina, CA that you should keep in mind is $441,100.
Population | 48,601 |
Median Age | 36.3 |
Poverty Rate | 9% |
Household Income | $68,311 |
Number Of Employees | 23,125 |
Median Property Value | $441,100 |
Rent Price |
May | vs Last Month |
---|---|---|
1-bed apartments | $2,275 | +30.8% |
2-bed apartments | $2,599 | -12.8% |
3-bed apartments | $3,075 | -67.1% |
4+ bed apartments | $4,862 | -51.3% |
Over the May 2023, the average rent for an apartment in/near Covina, CA decreased by 29% to $3,082.
The average price for a rental studio in Covina, CA has remained the same as last month and equals $2,313. Breaking it down in details, we now see that the average price for 1-bed apartment increased by 30.8% to $2,275. Pricing for 2-bed apartment also decreased by 12.8% and a place of this size will now cost you $2,599. 3-bed apartment rent pricing starts at $3,075, it decreased by 67.1% lately. We tend to note the rise of 4- and more bed apartment pricing. It decreased by 51.3% and made it down to $4,862.
Rent Type Price |
May | vs Last Month |
---|---|---|
Rooms for rent | $650 | -23.5% |
Houses for rent | $4,325 | -31.5% |
Apartments for rent | $2,698 | +17.5% |
Townhouses for rent | $3,400 | N/A |
Condos for rent | $2,500 | N/A |
The median rent for an apartment in Covina, CA increased by 17.5% to $2,698. Statistics show that house rent price decreased by 31.5% this month making it up to $4,325. Condo for rent is now available for the same pricing as previously — $2,500. An average room will now go for $650, the median rent price for a room decreased by 23.5%. Townhouse rent pricing didn’t change, the price still starts at $3,400.