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ZIP Code · CA

ZIP 94587

Pop. 67,464·Alameda County·413th most expensive ZIP in California
Median rent (all units)
$2,867/mo
Year-over-Year
+15.3%
Month-over-Month
+3.2%
vs US Median
+$902
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 94587 · $2,867
More expensive than 88% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$2,380
1 BR
$2,640
2 BR
$3,230
3 BR
$4,130
4 BR+
$4,900
Research median
$3,230/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
$34,404/yr
At $2,867/mo median
Location
StateCA
CountyAlameda County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 15.3% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+15.3% YoY, +3.2% MoM), not inventory.
Demographics

Who lives here

ZIP 94587 (Union City, CA) is majority owner-occupied, has a median income above the national average, 45.1% of residents hold a bachelor's degree or higher.

Population
67,464
Median income
$133,715
Median age
43
Renters
35.3%
Age distribution
17%
21.8%
28.1%
13.7%
19.4%
Under 1817%
18–3421.8%
35–5428.1%
55–6413.7%
65+19.4%
Gender
49.8%
50.2%
Male49.8%
Female50.2%
Race & ethnicity
16.1%
20.2%
57.5%
White16.1%
Black4.5%
Hispanic20.2%
Asian57.5%
Other1.7%
Education (25+)
13.4%
18.5%
23%
45.1%
No HS diploma13.4%
HS diploma18.5%
Some college23%
Bachelor's+45.1%
Housing tenure
64.7%
35.3%
Owner64.7%
Renter35.3%

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

2021 vs 2026

How ZIP 94587 in Union City, CA has changed in 5 years

Rent
$2,264 → $2,867
up 26.6%
Income
$127,828 → $133,715
up 4.6%
Population
70,828 → 67,464
down 4.7%
Renter share
34.4% → 35.3%
+0.9 pts
Bachelor's+
41.8% → 45.1%
+3.3 pts
Median age
40.8 → 43
+2.2 yrs

Across the past five years, the going rent in ZIP 94587 in Union City, CA has shifted from $2,264 to $2,867, up 26.6% since 2021. Household income in the area moved from $127,828 to $133,715 across the same window, up 4.6% versus 2021. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 94587 in Union City, CA losing about 3,364 residents over the five-year window, down 4.7% on net. Bachelor's-degree-or-higher attainment moved from 41.8% to 45.1% across the same window. Reading these numbers side by side helps frame whether current listings in ZIP 94587 in Union City, CA look reasonable against where the market sat half a decade ago.

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Local insights

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About renting in ZIP 94587

Last updated: July 20, 2026

ZIP code 94587 covers Union City, CA. The median rent here is $2,867/mo as of July 2026. A 1-bedroom rents for a median of $2,640/mo. A 2-bedroom rents for a median of $3,230/mo.

At 26% of local median household income ($133,715/yr), ZIP 94587 ranks as affordable compared to the national benchmark of 30%. Rents have increased 15.3% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 94587?

As of July 20, 2026, the median monthly rent in ZIP 94587 (Union City, CA) is $2,867. This is based on aggregated data from public sources and community submissions.

How does ZIP 94587 rent compare to the US average?

ZIP 94587's median rent of $2,867/mo is $902 (46%) above the US national median of $1,965/mo.

How does ZIP 94587 compare to other ZIPs in California?

ZIP 94587 falls in the middle range for California, ranking #413 out of 907 ZIPs at $2,867/mo.

How much income do you need to rent in ZIP 94587?

To keep rent at or below 30% of gross income, you would need to earn at least $115,000/year (~$55/hour full-time) to afford the median rent of $2,867/mo in ZIP 94587. The local median household income is $133,715/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 94587?

Rent in ZIP 94587 has increased 15.3% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 94587 an affordable place to rent?

ZIP 94587 is considered affordable for renters. At $2,867/mo, rent takes approximately 26% of the local median household income ($133,715/yr). The standard benchmark is 30%. ZIP 94587 falls comfortably within that range.

What percentage of ZIP 94587 residents rent vs. own?

According to Census data, approximately 35.3% of ZIP 94587 households are renters, while 64.7% are owner-occupied. ZIP 94587 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 94587 compare to the rest of Union City?

ZIP 94587 sits right at the Union City citywide median of $2,867/mo.

When was rent data for ZIP 94587 last updated?

Rent data for ZIP 94587 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
26%
AFFORDABLE

At $2,867/mo, rent takes ~26% of ZIP 94587's median household income ($133,715/yr). The standard benchmark is 30%.

ZIP 94587 26%Benchmark 30%
State income tax1–13.3%
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Schools nearby

Public schools near ZIP 94587 (Union City, CA)

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