City · 32,112 residents · San Diego County, California
Fallbrook, California
In Fallbrook, a typical home is worth $784,100 and typical rent is $1,786 a month. Compared with all of San Diego County, typical rent is 20% lower and typical household income is 9% lower.
Typical home value from Zillow, September 2021 to September 2026: from $736,289 to $876,101.
Typical rent
$2,915a month
▲ 6.9% more than 12 months ago
Typical rent from Zillow, December 2021 to September 2026: from $2,310 to $2,915.
From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).
Fallbrook is in San Diego County. The FHA loan limit ($1,104,000 for a one-unit home), the fair market rents and the help on this page are those of all of San Diego County. See the county
What this place has that others do not, from public data, most unusual first.
1
Nearby, in Murrieta, the typical home value is $639,800: 18% less than in Fallbrook ($784,100).
2
The typical rent in Fallbrook is $1,786 a month, 20% less than in San Diego County as a whole ($2,246).
Sources: U.S. Census Bureau (Average 2020–2024).
The homes here
Housing in Fallbrook
What homes there are in Fallbrook, what they cost, how that changed and how people live, from Census figures (2020–2024).
What homes there are
U.S. Census Bureau, ACS 5-year, 2020–2024
Kind of home
Detached houseAttached houseBuilding of 2 to 4Apartments (5 or more)Mobile homeBoat, RV and otherUnreliable estimate
Fallbrook
San Diego County
California
United States
Kind of home: Fallbrook and its comparisons
Measure
Fallbrook
San Diego County
California
United States
Detached house
64%
50%
57%
61%
Attached house
4%
10%
7%
6%
Building of 2 to 4
4%
7%
8%
8%
Apartments (5 or more)
22%
30%
24%
19%
Mobile home
6%
3%
4%
6%
Boat, RV and other
Unreliable estimate
0%
0%
0%
The detached house rules in Fallbrook: 64% of homes, more than in San Diego County (50%).
Year built
Before 19601960–19791980–19992000–20092010 or later
Fallbrook
San Diego County
California
United States
Year built: Fallbrook and its comparisons
Measure
Fallbrook
San Diego County
California
United States
Before 1960
12%
17%
27%
26%
1960–1979
37%
33%
29%
24%
1980–1999
33%
30%
25%
25%
2000–2009
14%
12%
11%
14%
2010 or later
5%
8%
8%
11%
In Fallbrook, half of the homes were built before 1981; in San Diego County, before 1980.
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Unreliable estimate
Under $100KUnreliable
$100K–$200KUnreliable
$200K–$300KUnreliable
$300K–$500K7%
$500K–$750K31%
$750K–$1M35%
$1M or more20%
Value of owner-occupied homes: Fallbrook and its comparisons
Measure
Fallbrook
Under $100K
Unreliable estimate
$100K–$200K
Unreliable estimate
$200K–$300K
Unreliable estimate
$300K–$500K
7%
$500K–$750K
31%
$750K–$1M
35%
$1M or more
20%
Monthly rent with utilities
Unreliable estimate
Under $500Unreliable
$500–$999Unreliable
$1,000–$1,49918%
$1,500–$1,99946%
$2,000–$2,49910%
$2,500–$2,9996%
$3,000 or more15%
Monthly rent with utilities: Fallbrook and its comparisons
Measure
Fallbrook
Under $500
Unreliable estimate
$500–$999
Unreliable estimate
$1,000–$1,499
18%
$1,500–$1,999
46%
$2,000–$2,499
10%
$2,500–$2,999
6%
$3,000 or more
15%
With a mortgage
$2,967 a month
San Diego County: $3,184 a month
Without a mortgage
$1,037 a month
San Diego County: $871 a month
Owners with a mortgage
68%
San Diego County: 70%
The typical cost for an owner with a mortgage in Fallbrook is $2,967 a month, less than in San Diego County ($3,184); without one, $1,037.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Fallbrook+50%
San Diego County+52%
California+46%
United States+53%
Typical rent
Fallbrook+43%
San Diego County+36%
California+36%
United States+33%
Typical household income
Fallbrook+52%
San Diego County+35%
California+32%
United States+29%
Change since 2015–2019: Fallbrook and its comparisons
Measure
Fallbrook
San Diego County
California
United States
Typical home value
+50%
+52%
+46%
+53%
Typical rent
+43%
+36%
+36%
+33%
Typical household income
+52%
+35%
+32%
+29%
From 2015–2019 to 2020–2024, home values in Fallbrook rose at about the same pace as in San Diego County: 50% against 52%.
Rents in Fallbrook rose faster than in San Diego County: 43% since 2015–2019, against 36%.
To compare: typical income in Fallbrook rose 52%; the home, +50%; the rent, +43%.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Fallbrook and its comparisons
Measure
Fallbrook
San Diego County
California
United States
Rental vacancy
Unreliable estimate
3.9%
4.2%
5.5%
Homeowner vacancy
Unreliable estimate
0.7%
0.8%
0.9%
More than one person per room
14.0%
6.5%
8.2%
3.4%
People per household
3.26
2.72
2.84
2.53
Drive alone
72%
66%
66%
69%
Carpool
7%
8%
10%
9%
Public transit
Unreliable estimate
2%
3%
3%
Walk or bike
Unreliable estimate
4%
3%
3%
Work from home
13%
19%
17%
15%
Other means
3%
2%
2%
2%
Typical commute
30 to 39 minutes
20 to 29 minutes
20 to 29 minutes
20 to 29 minutes
More than one person per room: that is how 14.0% of households in Fallbrook live, more than in San Diego County (6.5%).
On average, a household in Fallbrook has 3.26 people, more than in San Diego County (2.72).
To get to work, 72% of workers in Fallbrook drive alone; in San Diego County, 66%.
Do the math
What would you pay each month for a home in Fallbrook?
A typical home costs more than the typical income allows
We start with a typical home in Fallbrook, worth $784,100, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 78% of the typical household income in Fallbrook, which is $96,394 a year. For that payment to be 28% of income, a household would need to earn about $269,471 a year.
The calculator's FHA and conventional loan limits are those of all of San Diego County.
Change the price, the down payment or the loan: the payment updates right away.
Your numbers
Local data
$
Starts at the typical home value in Fallbrook. Change it to the price you have in mind.
Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.
Down payment
%
That is $27,444 (3.5% of the price). The usual minimum for this loan is 3.5%.
This week's average ± a quarter or half point.
National average as of November 5, 2026 (Freddie Mac); your rate may be different.
Adjust advanced details⌄
Estimated monthly payment
Local data
$6,288
at 7.18% · 30 years
Loan amount
$769,897
Total interest
$1,107,702
Paid off in
November 2056
Includes $13,241 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $2,249 a month
Tight
$2,249 to $2,892 a month
Hard
more than $2,892 a month
Your payment · 78%
Compared with the typical household income in Fallbrook ($96,394 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$5,216
Property tax
$399
Home insurance
$327
FHA mortgage insurance (MIP)
$347
You need at least $27,444 for the down payment, plus closing costs.
This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.
Total monthly payment $6,288; principal and interest $5,216.
The city and its county
Fallbrook and San Diego County
Fallbrook is in San Diego County, California. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).
Fallbrook
Map of San Diego County, California, with Fallbrook marked. Around it, the neighboring counties.
Fallbrook
San Diego County
Other cities with a page
Fallbrook's own numbers
Typical home value
$784,100
Typical monthly rent
$1,786
Typical yearly household income
$96,394
Households that own their home
58%
Effective property tax rate
0.61%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of San Diego County
FHA limit, one-unit home
$1,104,000
Conventional limit, one unit
$1,104,000
HUD fair market rent, 2 bedrooms
$2,823
Price change over 5 years (FHFA)
+54%
Homes in a high flood-risk zone
1.5%
HUD, FHFA and FEMA don't publish these numbers by city.
Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of San Diego County.
A typical home in Fallbrook is worth $784,100: 8% below the county and 7% above California. With the typical household income in Fallbrook ($96,394 a year), a typical home costs 8.1 times what the household earns in a year.
Years of income to pay for a typical home
The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.
Fallbrook8.1 years
San Diego8.0 years
California7.4 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in San Diego County
According to FHFA’s house price index, home prices in San Diego County rose 99% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of San Diego County.
Yearly change in FHFA’s price index in San Diego County, 2016 to 2025
2016: +7.4% +7.4% 2016
2017: +7.1% +7.1% 2017
2018: +6.0% +6.0% 2018
2019: +2.9% +2.9% 2019
2020: +3.4% +3.4% 2020
2021: +13.8% +13.8% 2021
2022: +18.2% +18.2% 2022
2023: +5.7% +5.7% 2023
2024: +7.3% +7.3% 2024
2025: +0.7% +0.7% 2025
Change in FHFA’s price index in San Diego County, California and the United States
Period
County
California
U.S.
Last year (2025)
+0.7%
+0.8%
+2.9%
5 years (2020–2025)
+54%
+40%
+47%
10 years (2015–2025)
+99%
+80%
+85%
The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data
Fallbrook next to San Diego County, California and the U.S.
Three numbers side by side. “Typical” means the median: half are above it and half below.
Typical home value
Fallbrook$784,100
San Diego$854,700
California$734,700
United States$332,700
Typical monthly rent
Fallbrook$1,786
San Diego$2,246
California$2,036
United States$1,413
Typical yearly household income
Fallbrook$96,394
San Diego$106,268
California$99,122
United States$80,734
See the full table
Fallbrook next to San Diego County and California
Measure
Fallbrook
San Diego County
California
U.S.
Typical home value
$784,100 ▼8% below the county
$854,700
$734,700
$332,700
Typical monthly rent
$1,786 ▼20% below the county
$2,246
$2,036
$1,413
Typical yearly household income
$96,394 ▼9% below the county
$106,268
$99,122
$80,734
Households that own their home
58% ▲4 points above the county
55%
56%
65%
Typical yearly property tax
$4,776 ▼17% below the county
$5,774
$5,124
$3,119
Effective property tax rate
0.61% ▼0.07 points below the county
0.68%
0.7%
0.94%
Renters with high rent for their income
55% ▼3 points below the county
58%
55%
51%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below San Diego County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.
Four ways to pay for a typical home in Fallbrook
For a typical $784,100 home in Fallbrook, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Fallbrook's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$6,288a month
Least cash to close
Down payment
$27,444
Cash to close
$50,967
Rate
7.18%
Mortgage insurance
FHA MIP · $347
Conventional, 5% down$6,144a month
Down payment
$39,205
Cash to close
$62,728
Rate
7.18%
Mortgage insurance
PMI · $372
Conventional, 20% down, no PMI$4,975a month
Down payment
$156,820
Cash to close
$180,343
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$5,700a month
Down payment
$117,615
Cash to close
$141,138
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Fallbrook
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$6,288
$27,444
$769,898
7.18%
FHA MIP · $347
$50,967
580
Conventional, 5% down
$6,144
$39,205
$744,895
7.18%
PMI · $372
$62,728
620*
Conventional, 20% down, no PMI
$4,975
$156,820
$627,280
7.18%
None
$180,343
620*
ITIN, 15% down (example)
$5,700
$117,615
$666,485
8.18%
None
$141,138
Set by the lender
The option that asks for the least cash to close is FHA, 3.5% down.
Cash to close = down payment plus 3% of the price in closing costs (example).
Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.
Typical rent in Fallbrook is $1,786 a month: 20% below the county. In Fallbrook, 55% of renter households pay 30% or more of their income in rent.
HUD publishes a fair market rent for all of San Diego County, by unit size. To pay the 2-bedroom one ($2,823 a month) without spending more than 30% of your income, you would need to earn $54.29 an hour working full time.
What you need to earn to pay it without spending more than 30% of income, working full time.
HUD fair market rent in San Diego County (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$2,192
$42.15
$87,680
1 bedroom
$2,335
$44.90
$93,400
2 bedrooms
$2,823
$54.29
$112,920
3 bedrooms
$3,743
$71.98
$149,720
4 bedrooms
$4,526
$87.04
$181,040
Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027
By ZIP code
Fair market rent by ZIP code in Fallbrook
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Fallbrook is in ZIP code 92028.
For 2 bedrooms it is $2,300: $523 less than the fair market rent for San Diego County ($2,823).
Fair market rent by ZIP code and size in Fallbrook, fiscal year 2027.
ZIP code
Studio
1 bd
2 bd
3 bd
4 bd
92028
$1,790
$1,900
$2,300
$3,050
$3,690
ZIP code2 bd3 bd
92028 $2,300$3,050
1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Fallbrook when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD)Fiscal year 2027Small Area Fair Market Rents (HUD) (external site)Source: Census Bureau ZCTA-to-place relationship fileData from 2020 dataCensus Bureau ZCTA-to-place relationship file (external site)
You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.
There are 4 HUD-approved agencies with an office in San Diego County; 4 say they serve in Spanish.
No down payment, repair or rent-help program on our list is for Fallbrook or San Diego County. The ones below are statewide in California: they work in Fallbrook the same as in the rest of the state.
CalHFA second loan with deferred payments for the down payment or closing costs of first-time buyers in California.Offered by California Housing Finance Agency (CalHFA).
CalHFA down payment loan for first-generation buyers in California; when you sell, you repay the loan plus a share of the home's appreciation.Offered by California Housing Finance Agency (CalHFA).
CalHFA second loan with deferred payments for the down payment or closing costs of first-time buyers who use the CalPLUS Access mortgage (FHA or conventional).Offered by California Housing Finance Agency (CalHFA).
No legal help resource on our list is for Fallbrook or San Diego County in particular.
If you have a problem with your landlord, an eviction notice or a scam, the Legal Services Corporation (LSC) search shows the free legal aid offices that serve your area.
Short answers with the numbers for Fallbrook and all of San Diego County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.
How much does a typical home cost in Fallbrook?
The typical home value in Fallbrook is $784,100, according to the U.S. Census Bureau (average 2020–2024). For comparison, in San Diego County it is $854,700.
How much does it cost to rent in Fallbrook?
Typical rent in Fallbrook is $1,786 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in San Diego County is $2,823.
What is the FHA loan limit in Fallbrook?
Fallbrook uses the FHA limit for all of San Diego County (2026): $1,104,000 for a one-unit home and $2,123,100 for a four-unit home.
How much property tax do owners pay in Fallbrook?
The typical homeowner in Fallbrook pays $4,776 a year, according to the U.S. Census Bureau. That is 0.61% of the home’s value; in San Diego County, the rate is 0.68%.
Where can I find free help to buy or rent in Fallbrook?
There are 4 HUD-approved counseling agencies with an office in San Diego County. 4 say they serve in Spanish. They can help you get ready to buy, with your credit, or with rent.
