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ZIP Code · CA

ZIP 94040

Pop. 35,632·Santa Clara County·82nd most expensive ZIP in California
Median rent (all units)
$4,198/mo
Year-over-Year
+9.6%
Month-over-Month
+4.7%
vs US Median
+$2,233
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 94040 · $4,198
More expensive than 98% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$3,200
1 BR
$3,640
2 BR
$4,250
3 BR
$5,620
4 BR+
$6,110
Research median
$4,250/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
$50,376/yr
At $4,198/mo median
Location
StateCA
CountySanta Clara County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 9.6% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+9.6% YoY, +4.7% MoM), not inventory.
Demographics

Who lives here

ZIP 94040 (Mountain View, CA) is majority renter-occupied, has a median income above the national average, 78.3% of residents hold a bachelor's degree or higher.

Population
35,632
Median income
$187,781
Median age
35.6
Renters
63.2%
Age distribution
20%
28.9%
27.9%
12.5%
Under 1820%
18–3428.9%
35–5427.9%
55–6410.6%
65+12.5%
Gender
53%
47%
Male53%
Female47%
Race & ethnicity
41.8%
13.5%
38.2%
White41.8%
Black1.5%
Hispanic13.5%
Asian38.2%
Other5%
Education (25+)
78.3%
No HS diploma4.3%
HS diploma6.6%
Some college10.8%
Bachelor's+78.3%
Housing tenure
36.8%
63.2%
Owner36.8%
Renter63.2%

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

2021 vs 2026

How ZIP 94040 in Mountain View, CA has changed in 5 years

Rent
$3,072 → $4,198
up 36.7%
Income
$153,275 → $187,781
up 22.5%
Population
35,800 → 35,632
down 0.5%
Renter share
62% → 63.2%
+1.2 pts
Bachelor's+
73.7% → 78.3%
+4.6 pts

Across the past five years, the going rent in ZIP 94040 in Mountain View, CA has shifted from $3,072 to $4,198, up 36.7% since 2021. Median household income climbed from $153,275 to $187,781 between 2021 and 2024, a 22.5% shift. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Bachelor's-degree-or-higher attainment moved from 73.7% to 78.3% across the same window. Taken together, the five-year picture in ZIP 94040 in Mountain View, CA reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.

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Local insights

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About renting in ZIP 94040

Last updated: July 20, 2026

ZIP code 94040 covers Mountain View, CA. The median rent here is $4,198/mo as of July 2026. A 1-bedroom rents for a median of $3,640/mo. A 2-bedroom rents for a median of $4,250/mo.

At 27% of local median household income ($187,781/yr), ZIP 94040 ranks as affordable compared to the national benchmark of 30%. Rents have increased 9.6% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 94040?

As of July 20, 2026, the median monthly rent in ZIP 94040 (Mountain View, CA) is $4,198. This is based on aggregated data from public sources and community submissions.

How does ZIP 94040 rent compare to the US average?

ZIP 94040's median rent of $4,198/mo is $2,233 (114%) above the US national median of $1,965/mo.

How does ZIP 94040 compare to other ZIPs in California?

ZIP 94040 is one of the pricier ZIP codes in California, ranking #82 out of 907 ZIPs tracked at $4,198/mo.

How much income do you need to rent in ZIP 94040?

To keep rent at or below 30% of gross income, you would need to earn at least $168,000/year (~$81/hour full-time) to afford the median rent of $4,198/mo in ZIP 94040. The local median household income is $187,781/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 94040?

Rent in ZIP 94040 has increased 9.6% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 94040 an affordable place to rent?

ZIP 94040 is considered affordable for renters. At $4,198/mo, rent takes approximately 27% of the local median household income ($187,781/yr). The standard benchmark is 30%. ZIP 94040 falls comfortably within that range.

What percentage of ZIP 94040 residents rent vs. own?

According to Census data, approximately 63.2% of ZIP 94040 households are renters, while 36.8% are owner-occupied. With a majority renter population, ZIP 94040 has a strong rental market.

How does ZIP 94040 compare to the rest of Mountain View?

ZIP 94040 is more affordable than Mountain View overall. At $4,198/mo, it's $136 below the Mountain View citywide median of $4,334/mo.

When was rent data for ZIP 94040 last updated?

Rent data for ZIP 94040 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
27%
AFFORDABLE

At $4,198/mo, rent takes ~27% of ZIP 94040's median household income ($187,781/yr). The standard benchmark is 30%.

ZIP 94040 27%Benchmark 30%
State income tax1–13.3%
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Public schools near ZIP 94040 (Mountain View, CA)

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