ZIP Code · CA

ZIP 94566

Pop. 44,222·Alameda County·202nd most expensive ZIP in California
Median rent (all units)
$3,430/mo
Year-over-Year
+7.0%
Month-over-Month
+0.7%
vs US Median
+$1,498
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 94566 · $3,430
More expensive than 95% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$2,440
1 BR
$2,720
2 BR
$3,320
3 BR
$4,250
4 BR+
$5,030
Research median
$3,320/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 94566 usually run 1.1% below trend in December and 1% above it in August, about $72 a month apart at today's median. Based on 9 years of data.

Compared with the peak

Rent in ZIP 94566 is at its highest level since Zillow's records here began in May 2017.

Past year vs. the rest of California

Rent in ZIP 94566 changed +7.0% 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 94566 rose 15.4% while median household income rose 18.6% ($161,204 to $191,155). Income kept ahead of rent.

Since before the pandemic

Rent in ZIP 94566 is 22.2% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 11 months in a row, and rose in 11 of the last 12 months.

What a typical income covers

30% of the median household income ($191,155) is $4,779 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($4,250); a 4-bedroom is $5,030.

Cheaper nearby

ZIP 94587, 10 miles away, rents for 15% less ($2,913/mo), about $6,200 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 94566. 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
$41,160/yr
At $3,430/mo median
Location
StateCA
CountyAlameda County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 7.0% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+7.0% YoY, +0.7% MoM), not inventory.
Demographics

Who lives here

ZIP 94566 (Pleasanton, CA) is majority owner-occupied, has a median income above the national average, 68.1% of residents hold a bachelor's degree or higher.

Population
44,222
Median income
$191,155
Median age
45.1
Renters
29.4%
Age distribution
23.1%
13.4%
32.8%
12.9%
17.8%
Under 1823.1%
18–3413.4%
35–5432.8%
55–6412.9%
65+17.8%
Gender
48.5%
51.5%
Male48.5%
Female51.5%
Race & ethnicity
43.3%
12.7%
39.3%
White43.3%
Black0.9%
Hispanic12.7%
Asian39.3%
Other3.8%
Education (25+)
17.7%
68.1%
No HS diploma3.9%
HS diploma10.3%
Some college17.7%
Bachelor's+68.1%
Housing tenure
70.6%
29.4%
Owner70.6%
Renter29.4%

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

2021 vs 2026

How ZIP 94566 in Pleasanton, CA has changed in 5 years

Rent
$2,832 → $3,430
up 21.1%
Income
$172,403 → $191,155
up 10.9%
Population
45,648 → 44,222
down 3.1%
Renter share
29.5% → 29.4%
-0.1 pts
Bachelor's+
66.7% → 68.1%
+1.4 pts
Median age
43.5 → 45.1
+1.6 yrs

Rent in ZIP 94566 in Pleasanton, CA has increased 21.1% since 2021, going from about $2,832 per month to roughly $3,430 today. On the earnings side, the typical household in ZIP 94566 in Pleasanton, CA now reports about $191,155, up from $172,403 in 2021. Rent outpaced income growth by roughly 10.2 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 45,648 to 44,222 between 2021 and 2024, a 3.1% change. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 94566 in Pleasanton, CA reflects that arc in its own way.

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Local insights

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About renting in ZIP 94566

Last updated: October 17, 2026

ZIP code 94566 covers Pleasanton, CA. The median rent here is $3,430/mo as of October 2026. A 1-bedroom rents for a median of $2,720/mo. A 2-bedroom rents for a median of $3,320/mo.

At 22% of local median household income ($191,155/yr), ZIP 94566 ranks as affordable compared to the national benchmark of 30%. Rents have increased 7.0% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 94566?

To keep rent at or below 30% of gross income, you would need to earn at least $137,000/year (about $66/hour full-time) to afford the median rent of $3,430/mo in ZIP 94566. The local median household income is $191,155/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 94566?

Rent in ZIP 94566 has risen 7.0% over the past year as of September 2026. That is the highest level since Zillow's records here began in May 2017.

When is the cheapest time to rent in ZIP 94566?

Asking rents in ZIP 94566 are usually lowest in December, about 1.1% below their yearly trend, and highest in August, about 1% above it. At today's median that is a gap of roughly $72 a month. This pattern comes from 9 years of Zillow rent data.

Has rent outpaced income in ZIP 94566?

No. From 2019 to 2024, rent in ZIP 94566 rose 15.4% while median household income rose 18.6%, from $161,204 to $191,155. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 94566 compare to other ZIPs in California?

ZIP 94566 is one of the pricier among California ZIP codes for rent, ranking #202 of 898 at $3,430/mo. Over the year to September 2026, rent in ZIP 94566 changed +7.0%, against a typical +3.2% across the 819 California ZIP codes Zillow tracks.

How does ZIP 94566 compare to the rest of Pleasanton?

At $3,430/mo, ZIP 94566 is $255 above the Pleasanton citywide median of $3,175/mo.
Income Affordability
22%
VERY AFFORDABLE

At $3,430/mo, rent takes ~22% of ZIP 94566's median household income ($191,155/yr). The standard benchmark is 30%.

ZIP 94566 22%Benchmark 30%
State income tax1–13.3%
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Public schools near ZIP 94566 (Pleasanton, CA)

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