The median home in Banning, California is valued at $407,419, down 2.6% year over year. Typical monthly rent is $1,962, producing a price-to-rent ratio of 17.3x — near the national average of 18x. Banning is part of the Riverside-San Bernardino-Ontario, CA metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

See the full metro analysis: Riverside-San Bernardino-Ontario, CA stress score, crash risk, and 12-month forecast →

Home Value$407,419

-2.6%

Rent$1,962/mo

AFFORDABILITY

Enter your income for Banning.

Income (annual)

Down Payment

$81,484 on $407,419

Out of reach — 39.2% of income

Need $105,043/yr to afford.

PITI$2,451

P/I39.2%

Afford$291K

Gap-$117K

P&I $2,060Tax $241Ins $150

Renting $489/mo cheaper ($1,962 rent)6.50% 30yr, 20% down, county tax + CA ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in California

Compare Banning with other housing markets across California.

Atherton$7517K Los Altos Hills$5802K Montecito$5251K Hidden Hills$4992K Hillsborough$4946K Los Altos$4448K Belvedere$4421K Rancho Santa Fe$4186K

Full Riverside-San Bernardino-Ontario, CA analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Riverside-San Bernardino-Ontario, CA metro.

View Riverside-San Bernardino-Ontario, CA metro →

BANNING, CA