ZIP Code · CA

ZIP 94555

Part of Fremont, CA
Pop. 37,501·Alameda County·172nd most expensive ZIP in California
Median rent (all units)
$3,542/mo
Year-over-Year
+5.3%
Month-over-Month
+1.0%
vs US Median
+$1,610
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 94555 · $3,542
More expensive than 96% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$2,900
1 BR
$3,230
2 BR
$3,940
3 BR
$5,040
4 BR+
$5,970
Research median
$3,940/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 94555 usually run 0.7% below trend in December and 0.8% above it in July, about $53 a month apart at today's median. Based on 7 years of data.

Compared with the peak

Rent in ZIP 94555 is at its highest level since Zillow's records here began in December 2018.

Past year vs. the rest of California

Rent in ZIP 94555 changed +5.4% 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 94555 rose 14.9% while median household income rose 49.3% ($147,358 to $219,938). Income kept ahead of rent.

Since before the pandemic

Rent in ZIP 94555 is 23% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 5 months in a row, and rose in 9 of the last 12 months.

What a typical income covers

30% of the median household income ($219,938) is $5,498 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($5,040); a 4-bedroom is $5,970.

Rank in Fremont

3rd cheapest of 4 ZIP codes in Fremont.

Cheaper nearby

ZIP 94545, 4 miles away, rents for 21% less ($2,807/mo), about $8,800 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 94555. 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
$42,504/yr
At $3,542/mo median
Location
StateCA
CountyAlameda County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 5.3% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+5.3% YoY, +1.0% MoM), not inventory.
Demographics

Who lives here

ZIP 94555 (Fremont, CA) is majority owner-occupied, has a large share of families with children, has a median income above the national average, 68.6% of residents hold a bachelor's degree or higher.

Population
37,501
Median income
$219,938
Median age
38.9
Renters
29%
Age distribution
25.6%
16.3%
34.8%
13.2%
Under 1825.6%
18–3416.3%
35–5434.8%
55–6410.1%
65+13.2%
Gender
50.8%
49.2%
Male50.8%
Female49.2%
Race & ethnicity
13.3%
74%
White13.3%
Black1.6%
Hispanic6.8%
Asian74%
Other4.3%
Education (25+)
15.5%
68.6%
No HS diploma6.4%
HS diploma9.6%
Some college15.5%
Bachelor's+68.6%
Housing tenure
71%
29%
Owner71%
Renter29%

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

2021 vs 2026

How ZIP 94555 in Fremont, CA has changed in 5 years

Rent
$2,815 → $3,542
up 25.8%
Income
$177,333 → $219,938
up 24.0%
Population
38,522 → 37,501
down 2.7%
Renter share
31.5% → 29%
-2.5 pts
Bachelor's+
65.3% → 68.6%
+3.3 pts
Median age
37.7 → 38.9
+1.2 yrs

The median rent in ZIP 94555 in Fremont, CA stood at $2,815 in 2021 and currently runs about $3,542, reflecting a 25.8% increase over the period. Local incomes tracked alongside that move, going from a median of $177,333 in 2021 to $219,938 more recently. The population has contracted by 2.7% since 2021, moving from about 38,522 residents to roughly 37,501. Renters now make up 29% of households, compared with 31.5% five years ago. College-educated residents now make up 68.6% of adults here, versus 65.3% in 2021. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 94555 in Fremont, CA market of 2021.

Community

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Local insights

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About renting in ZIP 94555

Last updated: October 17, 2026

ZIP code 94555 covers Fremont, CA. The median rent here is $3,542/mo as of October 2026. A 1-bedroom rents for a median of $3,230/mo. A 2-bedroom rents for a median of $3,940/mo.

At 19% of local median household income ($219,938/yr), ZIP 94555 ranks as affordable compared to the national benchmark of 30%. Rents have increased 5.3% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 94555?

To keep rent at or below 30% of gross income, you would need to earn at least $142,000/year (about $68/hour full-time) to afford the median rent of $3,542/mo in ZIP 94555. The local median household income is $219,938/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 94555?

Rent in ZIP 94555 has risen 5.3% over the past year as of September 2026. That is the highest level since Zillow's records here began in December 2018.

When is the cheapest time to rent in ZIP 94555?

Asking rents in ZIP 94555 are usually lowest in December, about 0.7% below their yearly trend, and highest in July, about 0.8% above it. At today's median that is a gap of roughly $53 a month. This pattern comes from 7 years of Zillow rent data.

Has rent outpaced income in ZIP 94555?

No. From 2019 to 2024, rent in ZIP 94555 rose 14.9% while median household income rose 49.3%, from $147,358 to $219,938. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 94555 compare to other ZIPs in California?

ZIP 94555 is one of the pricier among California ZIP codes for rent, ranking #172 of 898 at $3,542/mo. Over the year to September 2026, rent in ZIP 94555 changed +5.4%, against a typical +3.2% across the 819 California ZIP codes Zillow tracks.

How does ZIP 94555 compare to the rest of Fremont?

At $3,542/mo, ZIP 94555 is $154 above the Fremont citywide median of $3,388/mo. It is the 3rd cheapest of 4 ZIP codes in Fremont.
Income Affordability
19%
VERY AFFORDABLE

At $3,542/mo, rent takes ~19% of ZIP 94555's median household income ($219,938/yr). The standard benchmark is 30%.

ZIP 94555 19%Benchmark 30%
State income tax1–13.3%
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Schools nearby

Public schools near ZIP 94555 (Fremont, CA)

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