ZIP Code · CA

ZIP 94542

Part of Hayward, CA
Pop. 14,871·Alameda County·601st most expensive ZIP in California
Median rent (all units)
$2,535/mo
Year-over-Year
+6.7%
Month-over-Month
+1.2%
vs US Median
+$603
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 94542 · $2,535
More expensive than 81% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$2,320
1 BR
$2,580
2 BR
$3,150
3 BR
$4,030
4 BR+
$4,770
Research median
$3,150/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

Cheapest month to sign

December. Asking rents in ZIP 94542 usually run 1.3% below trend in December and 1.6% above it in August, about $74 a month apart at today's median. Based on 8 years of data.

Compared with the peak

Rent in ZIP 94542 is at its highest level since Zillow's records here began in October 2018.

Past year vs. the rest of California

Rent in ZIP 94542 changed +6.7% over the year to September 2026. Across the 819 California ZIP codes Zillow tracks, the typical change was +3.2%.

Rent vs. income since 2019

From 2019 to 2024, rent in ZIP 94542 rose 18.4% while median household income rose 10.2% ($121,354 to $133,734). Rent outpaced income.

Since before the pandemic

Rent in ZIP 94542 is 19% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 4 months in a row, and rose in 10 of the last 12 months.

What a typical income covers

30% of the median household income ($133,734) is $3,343 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($3,150); a 3-bedroom is $4,030.

Rank in Hayward

1st cheapest of 4 ZIP codes in Hayward.

From Zillow's monthly rent index (ZORI) for ZIP 94542. 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.

Annual cost
$30,420/yr
At $2,535/mo median
Location
StateCA
CountyAlameda County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 6.7% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+6.7% YoY, +1.2% MoM), not inventory.
Demographics

Who lives here

ZIP 94542 (Hayward, CA) is majority owner-occupied, has a median income above the national average, 48.6% of residents hold a bachelor's degree or higher.

Population
14,871
Median income
$133,734
Median age
43.1
Renters
27.4%
Age distribution
13.8%
25.7%
26.2%
17.1%
17.2%
Under 1813.8%
18–3425.7%
35–5426.2%
55–6417.1%
65+17.2%
Gender
51.5%
48.5%
Male51.5%
Female48.5%
Race & ethnicity
27.6%
31%
24.1%
White27.6%
Black11%
Hispanic31%
Asian24.1%
Other6.3%
Education (25+)
12.6%
15.6%
23.1%
48.6%
No HS diploma12.6%
HS diploma15.6%
Some college23.1%
Bachelor's+48.6%
Housing tenure
72.6%
27.4%
Owner72.6%
Renter27.4%

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

2021 vs 2026

How ZIP 94542 in Hayward, CA has changed in 5 years

Rent
$2,124 → $2,535
up 19.4%
Income
$121,563 → $133,734
up 10.0%
Population
16,705 → 14,871
down 11.0%
Renter share
29.3% → 27.4%
-1.9 pts
Bachelor's+
49.9% → 48.6%
-1.3 pts
Median age
37.9 → 43.1
+5.2 yrs

Five years ago, renters in ZIP 94542 in Hayward, CA paid around $2,124 a month. That figure now sits near $2,535, up 19.4% from the 2021 baseline. Median household income climbed from $121,563 to $133,734 between 2021 and 2024, a 10.0% shift. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 94542 in Hayward, CA losing about 1,834 residents over the five-year window, down 11.0% on net. The renter share has eased from 29.3% to 27.4%, with owner-occupied housing accounting for the remainder. Taken together, the five-year picture in ZIP 94542 in Hayward, 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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About renting in ZIP 94542

Last updated: October 17, 2026

ZIP code 94542 covers Hayward, CA. The median rent here is $2,535/mo as of October 2026. A 1-bedroom rents for a median of $2,580/mo. A 2-bedroom rents for a median of $3,150/mo.

At 23% of local median household income ($133,734/yr), ZIP 94542 ranks as affordable compared to the national benchmark of 30%. Rents have increased 6.7% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 94542?

To keep rent at or below 30% of gross income, you would need to earn at least $101,000/year (about $49/hour full-time) to afford the median rent of $2,535/mo in ZIP 94542. The local median household income is $133,734/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 94542?

Rent in ZIP 94542 has risen 6.7% over the past year as of September 2026. That is the highest level since Zillow's records here began in October 2018.

When is the cheapest time to rent in ZIP 94542?

Asking rents in ZIP 94542 are usually lowest in December, about 1.3% below their yearly trend, and highest in August, about 1.6% above it. At today's median that is a gap of roughly $74 a month. This pattern comes from 8 years of Zillow rent data.

Has rent outpaced income in ZIP 94542?

Yes. From 2019 to 2024, rent in ZIP 94542 rose 18.4% while median household income rose 10.2%, from $121,354 to $133,734. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 94542 compare to other ZIPs in California?

ZIP 94542 is one of the more affordable among California ZIP codes for rent, ranking #601 of 898 at $2,535/mo. Over the year to September 2026, rent in ZIP 94542 changed +6.7%, against a typical +3.2% across the 819 California ZIP codes Zillow tracks.

How does ZIP 94542 compare to the rest of Hayward?

At $2,535/mo, ZIP 94542 is $117 below the Hayward citywide median of $2,652/mo. It is the 1st cheapest of 4 ZIP codes in Hayward.
Income Affordability
23%
VERY AFFORDABLE

At $2,535/mo, rent takes ~23% of ZIP 94542's median household income ($133,734/yr). The standard benchmark is 30%.

ZIP 94542 23%Benchmark 30%
State income tax1–13.3%
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