ZIP Code · CA

ZIP 94030

Part of Millbrae, CA
Pop. 22,689·San Mateo County·188th most expensive ZIP in California
Median rent (all units)
$3,481/mo
Year-over-Year
+1.0%
Month-over-Month
-7.6%
vs US Median
+$1,516
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 94030 · $3,481
More expensive than 95% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$3,020
1 BR
$3,620
2 BR
$4,380
3 BR
$5,590
4 BR+
$5,800
Research median
$4,380/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: July 20, 2026

Annual cost
$41,772/yr
At $3,481/mo median
Location
StateCA
CountySan Mateo County
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 1.0% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (+1.0% YoY, -7.6% MoM), not inventory.
Demographics

Who lives here

ZIP 94030 (Millbrae, CA) is majority owner-occupied, has a large retiree population, has a median income above the national average, 52.7% of residents hold a bachelor's degree or higher.

Population
22,689
Median income
$163,476
Median age
43.7
Renters
39.2%
Age distribution
19%
18.5%
27.3%
14.9%
20.3%
Under 1819%
18–3418.5%
35–5427.3%
55–6414.9%
65+20.3%
Gender
48.4%
51.6%
Male48.4%
Female51.6%
Race & ethnicity
30.7%
13.9%
48.2%
White30.7%
Black0.9%
Hispanic13.9%
Asian48.2%
Other6.4%
Education (25+)
16.3%
24.7%
52.7%
No HS diploma6.4%
HS diploma16.3%
Some college24.7%
Bachelor's+52.7%
Housing tenure
60.8%
39.2%
Owner60.8%
Renter39.2%

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

2021 vs 2026

How ZIP 94030 in Millbrae, CA has changed in 5 years

Rent
$3,078 → $3,481
up 13.1%
Income
$141,399 → $163,476
up 15.6%
Population
23,083 → 22,689
down 1.7%
Renter share
37% → 39.2%
+2.2 pts
Bachelor's+
51.2% → 52.7%
+1.5 pts
Median age
44.9 → 43.7
-1.2 yrs

Since 2021, the typical rent in ZIP 94030 in Millbrae, CA has climbed from $3,078 to $3,481, a 13.1% change over five years. Census figures show median household income at $163,476 today, compared with $141,399 five years earlier. The population has contracted by 1.7% since 2021, moving from about 23,083 residents to roughly 22,689. Renters now make up 39.2% of households, compared with 37% five years ago. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.

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Local insights

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About renting in ZIP 94030

Last updated: July 20, 2026

ZIP code 94030 covers Millbrae, CA. The median rent here is $3,481/mo as of July 2026. A 1-bedroom rents for a median of $3,620/mo. A 2-bedroom rents for a median of $4,380/mo.

At 26% of local median household income ($163,476/yr), ZIP 94030 ranks as affordable compared to the national benchmark of 30%. Rents have increased 1.0% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 94030?

As of July 20, 2026, the median monthly rent in ZIP 94030 (Millbrae, CA) is $3,481. This is based on aggregated data from public sources and community submissions.

How does ZIP 94030 rent compare to the US average?

ZIP 94030's median rent of $3,481/mo is $1,516 (77%) above the US national median of $1,965/mo.

How does ZIP 94030 compare to other ZIPs in California?

ZIP 94030 is one of the pricier ZIP codes in California, ranking #188 out of 907 ZIPs tracked at $3,481/mo.

How much income do you need to rent in ZIP 94030?

To keep rent at or below 30% of gross income, you would need to earn at least $139,000/year (~$67/hour full-time) to afford the median rent of $3,481/mo in ZIP 94030. The local median household income is $163,476/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 94030?

Rent in ZIP 94030 has increased 1.0% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 94030 an affordable place to rent?

ZIP 94030 is considered affordable for renters. At $3,481/mo, rent takes approximately 26% of the local median household income ($163,476/yr). The standard benchmark is 30%. ZIP 94030 falls comfortably within that range.

What percentage of ZIP 94030 residents rent vs. own?

According to Census data, approximately 39.2% of ZIP 94030 households are renters, while 60.8% are owner-occupied. ZIP 94030 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 94030 compare to the rest of Millbrae?

ZIP 94030 sits right at the Millbrae citywide median of $3,481/mo.

When was rent data for ZIP 94030 last updated?

Rent data for ZIP 94030 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
26%
AFFORDABLE

At $3,481/mo, rent takes ~26% of ZIP 94030's median household income ($163,476/yr). The standard benchmark is 30%.

ZIP 94030 26%Benchmark 30%
State income tax1–13.3%
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