ZIP Code · CA

ZIP 94506

Part of Danville, CA

Pop. 27,055·Contra Costa County·40th most expensive ZIP in California

Median rent (all units)

$4,903/mo

Year-over-Year

+3.5%

Month-over-Month

+0.8%

vs US Median

+$2,971

Reported rents

Rising (Monthly)

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Most AffordableMost Expensive

ZIP 94506 · $4,903

More expensive than 99% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$2,750

1 BR

$3,070

2 BR

$3,740

3 BR

$4,780

4 BR+

$5,670

Research median

$3,740/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 94506 is at its highest level since Zillow's records here began in March 2022.

Past year vs. the rest of California

Rent in ZIP 94506 changed +3.5% over the year to September 2026. Across the 819 California ZIP codes Zillow tracks, the typical change was +3.2%.

Recent direction

Rent has risen 6 months in a row, and rose in 8 of the last 12 months.

What a typical income covers

30% of the median household income ($250,001) is $6,250 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($5,670).

Cheaper nearby

ZIP 94588, 3 miles away, rents for 39% less ($3,008/mo), about $22,700 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 94506. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$58,836/yr

At $4,903/mo median

Location

CityDanville

StateCA

CountyContra Costa County

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (3.5% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+3.5% YoY, +0.8% MoM), not inventory.

Demographics

Who lives here

ZIP 94506 (Danville, CA) is majority owner-occupied, has a large share of families with children, has a median income above the national average, 75% of residents hold a bachelor's degree or higher.

Population

27,055

Median income

$250,001

Median age

45.3

Renters

11.9%

Age distribution

25.6%

28.8%

14%

19.8%

Under 1825.6%

18–3411.9%

35–5428.8%

55–6414%

65+19.8%

Gender

50.3%

49.7%

Male50.3%

Female49.7%

Race & ethnicity

49.5%

35.4%

White49.5%

Black3.2%

Hispanic7.5%

Asian35.4%

Other4.4%

Education (25+)

16%

75%

No HS diploma1.3%

HS diploma7.7%

Some college16%

Bachelor's+75%

Housing tenure

88.1%

Owner88.1%

Renter11.9%

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

2022 vs 2026

How ZIP 94506 in Danville, CA has changed in 5 years

Rent

$4,349 → $4,903

up 12.7%

Income

$223,362 → $250,001

up 11.9%

Population

27,375 → 27,055

down 1.2%

Renter share

9.8% → 11.9%

+2.1 pts

Bachelor's+

73.5% → 75%

+1.5 pts

Median age

46.4 → 45.3

-1.1 yrs

Across the past five years, the going rent in ZIP 94506 in Danville, CA has shifted from $4,349 to $4,903, up 12.7% since 2022. Census figures show median household income at $250,001 today, compared with $223,362 five years earlier. Census counts show ZIP 94506 in Danville, CA losing about 320 residents over the five-year window, down 1.2% on net. The renter share has risen from 9.8% to 11.9%, with owner-occupied housing accounting for the remainder. The combined trend lines point to a market that has changed measurably from where it stood in early 2022.

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Local insights

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About renting in ZIP 94506

Last updated: October 17, 2026

ZIP code 94506 covers Danville, CA. The median rent here is $4,903/mo as of October 2026. A 1-bedroom rents for a median of $3,070/mo. A 2-bedroom rents for a median of $3,740/mo.

At 24% of local median household income ($250,001/yr), ZIP 94506 ranks as affordable compared to the national benchmark of 30%. Rents have increased 3.5% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 94506?

To keep rent at or below 30% of gross income, you would need to earn at least $196,000/year (about $94/hour full-time) to afford the median rent of $4,903/mo in ZIP 94506. The local median household income is $250,001/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 94506?

Rent in ZIP 94506 has risen 3.5% over the past year as of September 2026. That is the highest level since Zillow's records here began in March 2022.

How does ZIP 94506 compare to other ZIPs in California?

ZIP 94506 is one of the pricier among California ZIP codes for rent, ranking #40 of 898 at $4,903/mo. Over the year to September 2026, rent in ZIP 94506 changed +3.5%, against a typical +3.2% across the 819 California ZIP codes Zillow tracks.