Real Estate Investing in San Bernardino, California (92405)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 92405 (San Bernardino, CA)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
What’s happening in San Bernardino, CA (92405)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 92405 San Bernardino
This part of San Bernardino County is not an easy win. The 92405 ZIP stands at softness in key indicators, and the playbook that works in cleaner markets often stalls here.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $458K asset, 92405 is the wrong submarket. If the plan prices in friction, the yield can still work.
Nearby ZIPs in San Bernardino have seen price recovery that 92405 has not matched. San Bernardino County data supports the view that the spread is structural rather than temporary.
A resilient renter share of 51% in 92405 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
The 92405 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in San Bernardino:
Property Strategy for 92405
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $292,636 | $1,670 | 4.1% | +10.8% | $292,636 |
| 2BR | $408,313 | $2,080 | 3.7% | +8.6% | $204,157 |
| 3BR | $473,550 | $2,780 | 4.2% | +8.5% | $157,850 |
| 4BR | $525,416 | $3,380 | 4.6% | +8.2% | $131,354 |
| 5BR | $590,659 | — | — | — | $118,132 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 92405 Compare?
| Metric | 92405 | San Bernardino | Riverside-San Bernardino-Ontario, CA | California |
|---|---|---|---|---|
| Home Value | $457,977 | $403,902 | N/A | $761,003 |
| 5-Year CAGR | 5.6% | 5.5% | N/A | 5.7% |
| Avg Rent | $2,072 | $2,149 | N/A | - |
| Cap Rate | 3.5% | 3.7% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 92405 (San Bernardino, 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 | $457,977 |
| Monthly Rent | $2,072 |
| Price-to-Rent | 18.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.4% |
| Cap Rate | 3.5% |
| 5-Year IRR | 9.1% |
📈 Home Appreciation
| 1-Year | +2.2% ▲ |
| 3-Year CAGR | +3.3% ▲ |
| 5-Year CAGR | +5.6% ▲ |
| 10-Year CAGR | +8.9% ▲ |
🏠 Rent Trends
| 1-Year | +10.4% ▲ |
| 3-Year CAGR | +6.8% ▲ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (7.0%) exceeds the estimated cap rate (3.5%). 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 92405
Population: 31,207
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
🎓 Schools in 92405
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 11,746 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the investability score for San Bernardino, CA?
With a 3.0/5 investability score, San Bernardino, CA ranks as a solid market for rental property investors. Median prices of $458K and rents of $2,072/mo drive the underlying numbers.
Are rents high in San Bernardino, CA?
Rental rates in San Bernardino, CA average $2,072/mo. Tenant demand and $458K home values make the yield look reasonable by investor standards.
How landlord-friendly is San Bernardino, CA?
CA ranks as a tenant-protective state for landlord-tenant law. San Bernardino generally follows the statewide framework, so landlords face reasonable operating rules.
Are tenants stable in San Bernardino, CA?
The tenant pool in San Bernardino, CA is solid, supported by local employment and population fundamentals. Rents of $2,072/mo are well-absorbed by the market.
What are vacancy rates like in San Bernardino, CA?
San Bernardino, CA carries elevated vacancy risk. Expect measured absorption at market rents of $2,072/mo.
You know 92405 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 92405 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 92405 ranks in Riverside-San Bernardino-Ontario, CA
Every ZIP in this metro, ranked. Free.
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