ZIP Code · CA

ZIP 93704

Part of Fresno, CA

Pop. 28,932·Fresno County·871st most expensive ZIP in California

Median rent (all units)

$1,598/mo

Year-over-Year

-0.4%

Month-over-Month

-0.8%

vs US Median

-$334

Reported rents

Falling (Monthly)

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Most AffordableMost Expensive

ZIP 93704 · $1,598

More affordable than 66% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$1,510

1 BR

$1,520

2 BR

$1,870

3 BR

$2,600

4 BR+

$2,990

Research median

$1,870/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in ZIP 93704 is 4.4% below its high of $1,671 in June 2026, at $1,598 as of September 2026.

Past year vs. the rest of California

Rent in ZIP 93704 changed -0.4% over the year to September 2026. Across the 819 California ZIP codes Zillow tracks, the typical change was +3.2%.

Recent direction

Rent has fallen 3 months in a row, and rose in 6 of the last 12 months.

What a typical income covers

30% of the median household income ($73,234) is $1,831 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($1,520); a 2-bedroom is $1,870.

Rank in Fresno

7th cheapest of 14 ZIP codes in Fresno.

Cheaper nearby

ZIP 93650, 3 miles away, rents for 12% less ($1,400/mo), about $2,400 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 93704. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$19,176/yr

At $1,598/mo median

Location

CityFresno

StateCA

CountyFresno County

Rent Market Meter

Renter's Market

Renter's MarketBalancedLandlord's Market

Rents are softening (down 0.4% YoY), so renters have negotiating leverage.

Based on rent-price momentum (-0.4% YoY, -0.8% MoM), not inventory.

Demographics

Who lives here

ZIP 93704 (Fresno, CA) is majority owner-occupied, has a large retiree population, 35.2% of residents hold a bachelor's degree or higher.

Population

28,932

Median income

$73,234

Median age

37.5

Renters

44%

Age distribution

24.3%

21.2%

23.2%

20.4%

Under 1824.3%

18–3421.2%

35–5423.2%

55–6410.9%

65+20.4%

Gender

47.6%

52.4%

Male47.6%

Female52.4%

Race & ethnicity

45.6%

47.9%

White45.6%

Black4.8%

Hispanic47.9%

Asian4.2%

Education (25+)

19.2%

35.1%

35.2%

No HS diploma10.5%

HS diploma19.2%

Some college35.1%

Bachelor's+35.2%

Housing tenure

56%

44%

Owner56%

Renter44%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2022 vs 2026

How ZIP 93704 in Fresno, CA has changed in 5 years

Rent

$1,294 → $1,598

up 23.5%

Income

$63,490 → $73,234

up 15.3%

Population

29,184 → 28,932

down 0.9%

Renter share

47.6% → 44%

-3.6 pts

Bachelor's+

30.8% → 35.2%

+4.4 pts

Median age

36.9 → 37.5

+0.6 yrs

Since 2022, the typical rent in ZIP 93704 in Fresno, CA has increased from $1,294 to $1,598, a 23.5% change over five years. Local incomes tracked alongside that move, going from a median of $63,490 in 2021 to $73,234 more recently. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. Renters now make up 44% of households, compared with 47.6% five years ago. College-educated residents now make up 35.2% of adults here, versus 30.8% in 2021. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 93704 in Fresno, CA market of 2022.

Community

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About renting in ZIP 93704

Last updated: October 17, 2026

ZIP code 93704 covers Fresno, CA. The median rent here is $1,598/mo as of October 2026. A 1-bedroom rents for a median of $1,520/mo. A 2-bedroom rents for a median of $1,870/mo.

At 26% of local median household income ($73,234/yr), ZIP 93704 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 0.4% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 93704?

To keep rent at or below 30% of gross income, you would need to earn at least $64,000/year (about $31/hour full-time) to afford the median rent of $1,598/mo in ZIP 93704. The local median household income is $73,234/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 93704?

Rent in ZIP 93704 has been roughly flat over the past year as of September 2026, a -0.4% change. It sits 4.4% below its high of $1,671 in June 2026.

How does ZIP 93704 compare to other ZIPs in California?

ZIP 93704 is one of the more affordable among California ZIP codes for rent, ranking #871 of 898 at $1,598/mo. Over the year to September 2026, rent in ZIP 93704 changed -0.4%, against a typical +3.2% across the 819 California ZIP codes Zillow tracks.