Real Estate Investing in Morongo Valley, California (92268)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 92268 (Morongo Valley, CA)? Our answer, based on the numbers below.
Multiple negative signals. Better options likely exist nearby.
Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.
- High vacancy: 42.3% of homes vacant — above national norms.
- Flat appreciation: Values have barely moved over 5 years (0.7% CAGR).
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Morongo Valley, CA (92268)?
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Market Analysis: 92268 Morongo Valley
ZIP 92268 inside San Bernardino County looks affordable on the surface — median value of $544K — but the discount exists for reasons that a careful buyer should understand before committing.
The 92268 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Within CA, ZIP 92268 trails on several market indicators that neighboring San Bernardino County submarkets outperform. The gap is real and resilient enough to shape underwriting.
Looking more closely, 315 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
Experienced landlords with local relationships tend to find 92268 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Morongo Valley:
Property Strategy for 92268
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $556,047 | $2,080 | 2.7% | +7.3% | $278,024 |
| 3BR | $684,473 | $2,780 | 2.9% | +5.7% | $228,158 |
Market Trends
Home Value History (with trend line)
📊 How Does 92268 Compare?
| Metric | 92268 | Morongo Valley | Riverside-San Bernardino-Ontario, CA | California |
|---|---|---|---|---|
| Home Value | $543,594 | $433,624 | N/A | $761,003 |
| 5-Year CAGR | 0.7% | 1.6% | N/A | 5.7% |
| Avg Rent | $1,872 | $1,872 | N/A | - |
| Cap Rate | 2.7% | 3.6% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 92268 (Morongo Valley, CA). Anonymous, moderated, never written by AI.
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Property managers serving San Bernardino County
Manage rentals here? List your business →Encore Property Management's homepage text is minimal, but the domain name strongly suggests property management services. summary from their website
Incline Consultants specializes in HOA and Condominium Management, offering services for community associations. summary from their website
J&C Real Estate's homepage text is minimal, focusing on CSS and layout, and does not provide sufficient information to confirm property management services. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $543,594 |
| Monthly Rent | $1,872 |
| Price-to-Rent | 24.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.1% |
| Cap Rate | 2.7% |
| 5-Year IRR | 3.3% |
📈 Home Appreciation
| 1-Year | +0.9% ▲ |
| 3-Year CAGR | -2.1% ▼ |
| 5-Year CAGR | +0.7% ▲ |
| 10-Year CAGR | +10.3% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.7%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 92268
Population: 315
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
Frequently Asked Questions
Do landlords face vacancy issues in Morongo Valley, CA?
Occupancy in Morongo Valley, CA runs measured with elevated vacancy. Well-priced units at $1,872/mo lease on reasonable timelines.
Is Morongo Valley, CA landlord-friendly?
Landlord-friendliness in Morongo Valley, CA is tenant-protective. Eviction timelines and lease enforcement are considered reasonable by most property managers.
What is the median home value in Morongo Valley, CA?
Morongo Valley, CA median home values land near $544K. That is reasonable territory for investors looking at $1,872/mo-per-month rentals.
What do landlords charge for rent in Morongo Valley, CA?
Investors in Morongo Valley, CA typically see rents near $1,872/mo per month against $544K home values - a solid setup for rental cash flow.
What is the typical renter like in Morongo Valley, CA?
Tenant demand in Morongo Valley, CA is solid. The local workforce $1,872/mo rents across most rental classes.
You know 92268 now. You don’t know where it ranks.
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How 92268 ranks in Riverside-San Bernardino-Ontario, CA
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