Ontario, California Housing Market Prices
Ontario Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 8% below the California median$595,683
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Median rent About the same as the California median$2,030
Housing Market Overview
| Metric | Ontario | California Avg | US Average |
|---|---|---|---|
| Median Home Price | $595,683 | $650,794 | $248,835 |
| Price Trend (Annual %) | 12.3% | 8.9% | 7.5% |
| Median Gross Rent | $2,030 | $2,036 | $1,407 |
| Rent Trend (Annual %) | 5.7% | 5.8% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Ontario is about 8% lower than in California. Rent follows a similar pattern, running close to the California average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Ontario, up about 12.3% and 5.7% a year respectively. Home prices are changing faster.
Median rent in Ontario rose about 61.7% between 2015 and 2024, from $1,255 to $2,030. Over the same span, rent in California rose about 62.2%.
Affordability
On average, housing unit costs 6.6 yearly household incomes in Ontario.
Buying the median-priced home in Ontario costs roughly 24.5 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Ontario. The price-to-rent ratio in California is about 26.6.
| Metric | Ontario | California Avg | US Average |
|---|---|---|---|
| Median Home Price | $595,683 | $650,794 | $248,835 |
| Median Household Income | $89,869 | $99,161 | $80,455 |
| Price-to-Income Ratio | 6.6 | 6.6 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Ontario rose about 149.7%, while median household income rose about 43.0% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Ontario | California Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 55.8% | 51.7% | 58.5% |
| Rental Rate | 40.3% | 40.8% | 31.2% |
| Vacancy Rate | 3.9% | 7.5% | 10.2% |
| Median Tenure (years) | 14.0 | 15.0 | 15.0 |
| Median Year Moved In | 2012 | 2011 | 2011 |
Ontario has a homeownership rate of 55.8%, higher than the California average of 51.7%. Its housing vacancy rate is 3.9%, compared with 7.5% in California.
Housing Stock
| Metric | Ontario | California Avg | US Average |
|---|---|---|---|
| Average Household Size | 3.34 people | 2.84 people | 2.53 people |
| Median Structure Built Year | 1980 | 1975 | 1978 |
| Median Number of Rooms | 5.0 | 5.0 | 5.5 |
The typical housing unit in Ontario was built around 1980. On average, 3.3 people live in a home with about 5.0 rooms, staying for about 14.0 years on average.
Ontario, CA Housing Compared With Nearby Cities
Ontario, CA is the largest of the 4 cities compared here, 180,552 residents against a local median of 95,396. Ontario, CA sits close to the middle of its own neighbourhood. No measure below is more than 15% off the local median, so the choice between these cities turns on things this data does not capture.
The largest of those small differences is median rent, 14% below the local median at $2,030 against $2,356. Ontario, CA has the 3rd highest median rent of the 4 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Ontario, CA | 180,552 | $595,683 #3/4 | $2,030 #3/4 | 58.0% #3/4 |
| Chino, CA | 95,396 | $449,602 | $2,410 | 62.1% |
| Upland, CA | 79,252 | $617,866 | $2,029 | 57.1% |
| Rancho Cucamonga, CA | 175,413 | $734,355 | $2,356 | 62.3% |
Frequently Asked Questions
Common questions about the housing market in Ontario, California.
What is the median home price in Ontario, California?
The median home price in Ontario, California is $595,683, lower than the California average of $650,794.
What is the average home price in Ontario, California?
The typical home price in Ontario, California, reported as the median sale price, is $595,683. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Ontario, California?
The median gross rent in Ontario, California is $2,030 per month, about the same as the California average.
What was the median gross rent in Ontario in 2020?
In 2020, the median gross rent in Ontario, California was $1,557 per month.
What is the price-to-rent ratio in Ontario, California?
The price-to-rent ratio in Ontario, California is about 24.5, meaning it would take roughly 24.5 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Ontario.
Are home prices or rent rising faster in Ontario, California?
Both home prices and rent are rising in Ontario, up about 12.3% and 5.7% a year respectively. Home prices are changing faster.
What is the homeownership rate in Ontario, California?
55.8% of households in Ontario, California own their home, higher than the California average of 51.7%.
What is the vacancy rate in Ontario, California?
The housing vacancy rate in Ontario, California is 3.9%, lower than the California average of 7.5%.
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