Banning, CA Real Estate

According to census data in the year 2000 there were 9,739 housing units in Banning. This represents a 17.6% growth from 8,278 in 1990.

Of those housing units, 9,497 were located in either urbanized areas or urban clusters, and 242 were located in what is classified as a rural area.

Homeownership rate in Banning is about 72.4%. Banning's vacancy rate, including seasonal lodging, is about 8.7%. Average household size is 2.6 people.

The majority of houses, apartments or condos in Banning were built after 1978.


Housing Size

Housing Units by Size
Studio Type3.10%
One Bedroom13.90%
Two Bedrooms47.40%
Three Bedrooms29.10%
Four Bedrooms6.20%
Five Bedrooms or more0.30%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.32
Median year structure was built1982
Median Value of occupied units$110,000
Median Price asked for vacant units$69,100

Rented Homes, Apartments and Condos

Average Household Size3.33
Median year structure was built1966
Median Monthly Rent asked for vacant units$379

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.20%
Second Mortgage6.60%
Home Equity Loan3.10%
Simple Mortgage52.30%
Debt Free37.70%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs18.8%