ZIP Code · CA

ZIP 94560

Part of Newark, CA
Pop. 46,903·Alameda County·219th most expensive ZIP in California
Median rent (all units)
$3,371/mo
Year-over-Year
+1.6%
Month-over-Month
+1.6%
vs US Median
+$1,406
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 94560 · $3,371
More expensive than 94% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$2,510
1 BR
$2,790
2 BR
$3,410
3 BR
$4,360
4 BR+
$5,170
Research median
$3,410/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
$40,452/yr
At $3,371/mo median
Location
CityNewark
StateCA
CountyAlameda County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (1.6% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+1.6% YoY, +1.6% MoM), not inventory.
Demographics

Who lives here

ZIP 94560 (Newark, CA) is majority owner-occupied, has a median income above the national average, 48.1% of residents hold a bachelor's degree or higher.

Population
46,903
Median income
$169,064
Median age
37.9
Renters
30.6%
Age distribution
18.3%
25.3%
28.9%
14.4%
13.1%
Under 1818.3%
18–3425.3%
35–5428.9%
55–6414.4%
65+13.1%
Gender
52.4%
47.6%
Male52.4%
Female47.6%
Race & ethnicity
20%
27.2%
46.7%
White20%
Black3.3%
Hispanic27.2%
Asian46.7%
Other2.7%
Education (25+)
18.4%
23.5%
48.1%
No HS diploma10.1%
HS diploma18.4%
Some college23.5%
Bachelor's+48.1%
Housing tenure
69.4%
30.6%
Owner69.4%
Renter30.6%

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

2021 vs 2026

How ZIP 94560 in Newark, CA has changed in 5 years

Rent
$2,964 → $3,371
up 13.7%
Income
$144,011 → $169,064
up 17.4%
Population
47,815 → 46,903
down 1.9%
Renter share
32.2% → 30.6%
-1.6 pts
Bachelor's+
41% → 48.1%
+7.1 pts
Median age
36.5 → 37.9
+1.4 yrs

Compared with 2021, rent in ZIP 94560 in Newark, CA has increased by $407 per month, settling near $3,371 after starting the period at $2,964. Local incomes tracked alongside that move, going from a median of $144,011 in 2021 to $169,064 more recently. Income growth outran rent by about 3.7 percentage points, easing the affordability math somewhat compared with 2021. Headcount in the area went from 47,815 to 46,903 between 2021 and 2024, a 1.9% change. About 30.6% of households rent today, against 32.2% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 41% to 48.1%. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 94560 in Newark, CA market of 2021.

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Local insights

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About renting in ZIP 94560

Last updated: July 20, 2026

ZIP code 94560 covers Newark, CA. The median rent here is $3,371/mo as of July 2026. A 1-bedroom rents for a median of $2,790/mo. A 2-bedroom rents for a median of $3,410/mo.

At 24% of local median household income ($169,064/yr), ZIP 94560 ranks as affordable compared to the national benchmark of 30%. Rents have increased 1.6% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 94560?

As of July 20, 2026, the median monthly rent in ZIP 94560 (Newark, CA) is $3,371. This is based on aggregated data from public sources and community submissions.

How does ZIP 94560 rent compare to the US average?

ZIP 94560's median rent of $3,371/mo is $1,406 (72%) above the US national median of $1,965/mo.

How does ZIP 94560 compare to other ZIPs in California?

ZIP 94560 is one of the pricier ZIP codes in California, ranking #219 out of 907 ZIPs tracked at $3,371/mo.

How much income do you need to rent in ZIP 94560?

To keep rent at or below 30% of gross income, you would need to earn at least $135,000/year (~$65/hour full-time) to afford the median rent of $3,371/mo in ZIP 94560. The local median household income is $169,064/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 94560?

Rent in ZIP 94560 has increased 1.6% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 94560 an affordable place to rent?

ZIP 94560 is considered very affordable for renters. At $3,371/mo, rent takes approximately 24% of the local median household income ($169,064/yr). The standard benchmark is 30%. ZIP 94560 falls comfortably within that range.

What percentage of ZIP 94560 residents rent vs. own?

According to Census data, approximately 30.6% of ZIP 94560 households are renters, while 69.4% are owner-occupied. ZIP 94560 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 94560 compare to the rest of Newark?

ZIP 94560 sits right at the Newark citywide median of $3,371/mo.

When was rent data for ZIP 94560 last updated?

Rent data for ZIP 94560 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
24%
VERY AFFORDABLE

At $3,371/mo, rent takes ~24% of ZIP 94560's median household income ($169,064/yr). The standard benchmark is 30%.

ZIP 94560 24%Benchmark 30%
State income tax1–13.3%
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Schools nearby

Public schools near ZIP 94560 (Newark, CA)

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