ZIP 94518
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12-month history
Last updated: October 17, 2026
What the numbers show
May. Asking rents in ZIP 94518 usually run 0.4% below trend in May and 0.5% above it in August, about $24 a month apart at today's median. Based on 7 years of data.
Rent in ZIP 94518 is 0.2% below its high of $2,689 in July 2026, at $2,684 as of September 2026.
Rent in ZIP 94518 changed +3.7% over the year to September 2026. Across the 819 California ZIP codes Zillow tracks, the typical change was +3.2%.
From 2019 to 2024, rent in ZIP 94518 rose 20.6% while median household income rose 16.9% ($95,875 to $112,094). Rent outpaced income.
Rent in ZIP 94518 is 26.8% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent rose in 8 of the last 12 months.
30% of the median household income ($112,094) is $2,802 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($2,350); a 2-bedroom is $2,870.
2nd cheapest of 4 ZIP codes in Concord.
ZIP 94520, 3 miles away, rents for 11% less ($2,401/mo), about $3,400 a year in savings.
From Zillow's monthly rent index (ZORI) for ZIP 94518. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
Who lives here
ZIP 94518 (Concord, CA) is majority owner-occupied, has a median income above the national average, 42.9% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How ZIP 94518 in Concord, CA has changed in 5 years
The median rent in ZIP 94518 in Concord, CA stood at $2,175 in 2021 and currently runs about $2,684, reflecting a 23.4% increase over the period. Household income in the area moved from $105,222 to $112,094 across the same window, up 6.5% versus 2021. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has contracted by 3.0% since 2021, moving from about 28,201 residents to roughly 27,345. Reading these numbers side by side helps frame whether current listings in ZIP 94518 in Concord, CA look reasonable against where the market sat half a decade ago.
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Tips for renters in ZIP 94518
Last updated: October 17, 2026
ZIP code 94518 covers Concord, CA. The median rent here is $2,684/mo as of October 2026. A 1-bedroom rents for a median of $2,350/mo. A 2-bedroom rents for a median of $2,870/mo.
At 29% of local median household income ($112,094/yr), ZIP 94518 ranks as affordable compared to the national benchmark of 30%. Rents have increased 3.7% over the past year.
Frequently asked questions
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How does ZIP 94518 compare to other ZIPs in California?
How does ZIP 94518 compare to the rest of Concord?
At $2,684/mo, rent takes ~29% of ZIP 94518's median household income ($112,094/yr). The standard benchmark is 30%.
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