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9 rentals in Banning

Rental Listings in Banning, CA

310 N CHERRY Street

$2,155

FOR RENT

310 N Cherry Street, Banning, CA 92220

5 beds · 2 baths · 1,500 sqft

985 W Hogan Avenue

$2,495

FOR RENT

985 W Hogan Avenue, Banning, CA 92220

2 beds · 2 baths · 1,356 sqft

154 N 1ST

$1,450

FOR RENT

154 N 1st, Banning, CA 92220

1 beds · 1 baths · 400 sqft

980 Oakland Hills Drive
NEW 28 HRS AGO

$2,300

FOR RENT

980 Oakland Hills Drive, Banning, CA 92220

3 beds · 2 baths · 1,195 sqft

448 W King

$2,095

FOR RENT

448 W King, Banning, CA 92220

2 beds · 1 baths · 1,001 sqft

478 N Alessandro C

$1,550

FOR RENT

478 N Alessandro C, Banning, CA 92220

2 beds · 1 baths · 800 sqft

6329 Myrtle Beach

$2,900

FOR RENT

6329 Myrtle Beach, Banning, CA 92220

2 beds · 3 baths · 2,133 sqft

1142 W King Street

$3,500

FOR RENT

1142 W King Street, Banning, CA 92220

4 beds · 2 baths · 1,600 sqft

1523 Bryan Street

$6,975

FOR RENT

1523 Bryan Street, Banning, CA 92220

4 beds · 3 baths · 2,045 sqft

  1. Topfind
  2. California
  3. Banning Homes for Rent

About Banning, CA Real Estate

Banning is a pass city between the San Bernardino and San Jacinto Mountains. Offers affordable housing, casino gaming at Morongo, and gateway to desert recreation.

Today, Banning has 9 homes for rent at a median rent of $2,300/mo, typically leasing in about 26 days. Families here choose from 1 schools rated 8 or higher on the Topfind School Score.

Top Rated Schools in Banning

Powered by the Topfind School Score

  • 9Beaumont Middle College Highhigh school
  • 5Banning Highhigh school
  • 4Hemmerling Elementaryelementary
  • 3Central Elementaryelementary
  • 2Hoffer Elementaryelementary
  • 1Banning Independent Studyelementary-high combination

Why Live in Banning?

  • Affordable mountain pass living
  • Morongo Casino nearby
  • Gateway to desert
  • Small-town atmosphere

Popular Neighborhoods in Banning

Downtown BanningSun Lakes Country ClubGilman SpringsNicolas ValleyBanning Bench

Banning Rental Pulse

Median Rent

$2,800/mo

↑ 21.7% over the past year
$2.9K$2.4K$1.9K$1.4K
Sep 25
Dec 25
Mar 26
Jun 26

Months of Rental Inventory

Estimated time to lease all rentals at the current leasing pace

0.2 months of supply

Landlord's Market

With only 9 active rentals, supply is tight.

Landlord's (<3 mo)
Balanced (3–6 mo)
Renter's (6+ mo)
0.2
0369+

What this means for renters

Rental inventory is tight relative to how many homes get leased each month—fewer options, and well-priced units draw competition. Rentals typically lease in ~26 days.

● Landlord's: high demand● Balanced: steady pace● Renter's: more leverage

Rental Velocity

How fast rentals are leasing

Fast
FastSlow0d15d30d45d60d75d90d26days on market

Rentals are leasing quickly—be prepared to apply fast when you find a good fit. Leasing 95% faster than 6 months ago.

● <30d: Landlords● 30–45d: Balanced● 45d+: Renters

Rental Inventory Distribution

High Turnover

Rentals are being leased quickly—most listings move within 30 days, signaling strong renter demand.

New
Active
Aging
Stale
30-day mark4 listings<7 days3 listings7–30 days1 listings30–60 days1 listings60+ days← Leasing fastSitting longer →
Under 30 days → competitive—act quicklyOver 60 days → potential negotiation opportunities

Housing Tenure in Banning

Homeownership is significantly higher than average—this is a homeowner-dominated market with more long-term residents.

HomeownersRenters

71%

Homeowners

29%

Renters

Homeownership is 15.5% higher than the California average (55.5%)

Higher ownership rates often reflect more stable neighborhoods and longer-term residents.

11,494 households (2023)

Median Rent by Bedroom

Rent increases with bedroom count, with moderate premiums for additional space.

1 Bed
$1,450
2 Bed
$2,260
3 Bed
$2,300
4 Bed
$5,238
5 Bed
$2,155

Each additional bedroom adds about $176.25/mo to rent on average, with larger units commanding higher premiums.

Largest increase: 3 → 4 bedrooms (+$2,938/mo)

Rent Reductions

High Activity
2

2 listings have reduced their rent

22% of active listings

Average reduction: 13.0% (~$299/mo)

A significant share of landlords are reducing rents—this suggests a softening rental market where renters have strong negotiating leverage.

Have questions about Banning?

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