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ZIP Code · CA

ZIP 94603

Part of Oakland, CA
Pop. 35,742·Alameda County·755th most expensive ZIP in California
Median rent (all units)
$2,203/mo
Year-over-Year
-11.1%
Month-over-Month
-10.0%
vs US Median
+$238
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 94603 · $2,203
More expensive than 70% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,750
1 BR
$1,990
2 BR
$2,420
3 BR
$3,090
4 BR+
$3,670
Research median
$2,420/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
$26,436/yr
At $2,203/mo median
Location
StateCA
CountyAlameda County
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 11.1% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (-11.1% YoY, -10.0% MoM), not inventory.
Demographics

Who lives here

ZIP 94603 (Oakland, CA) is roughly split between renters and owners, has a large share of families with children, 14.7% of residents hold a bachelor's degree or higher.

Population
35,742
Median income
$76,723
Median age
34.8
Renters
52.1%
Age distribution
25.6%
24.9%
28.2%
Under 1825.6%
18–3424.9%
35–5428.2%
55–6411.8%
65+9.6%
Gender
51.2%
48.8%
Male51.2%
Female48.8%
Race & ethnicity
22.5%
64.4%
White5.4%
Black22.5%
Hispanic64.4%
Asian5.2%
Other2.5%
Education (25+)
31.6%
30.5%
23.3%
14.7%
No HS diploma31.6%
HS diploma30.5%
Some college23.3%
Bachelor's+14.7%
Housing tenure
47.9%
52.1%
Owner47.9%
Renter52.1%

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

2021 vs 2026

How ZIP 94603 in Oakland, CA has changed in 5 years

Income
$60,068 → $76,723
up 27.7%
Population
35,996 → 35,742
down 0.7%
Renter share
56.1% → 52.1%
-4.0 pts
Bachelor's+
17.2% → 14.7%
-2.5 pts
Median age
32.6 → 34.8
+2.2 yrs

Median household income grew from $60,068 to $76,723 between 2021 and 2024, a 27.7% shift. About 52.1% of households rent today, against 56.1% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher slipped from 17.2% to 14.7%.

Community

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Local insights

Tips for renters in ZIP 94603

About renting in ZIP 94603

Last updated: July 20, 2026

ZIP code 94603 covers Oakland, CA. The median rent here is $2,203/mo as of July 2026. A 1-bedroom rents for a median of $1,990/mo. A 2-bedroom rents for a median of $2,420/mo.

At 34% of local median household income ($76,723/yr), ZIP 94603 ranks as moderate compared to the national benchmark of 30%. Rents have decreased 11.1% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 94603?

As of July 20, 2026, the median monthly rent in ZIP 94603 (Oakland, CA) is $2,203. This is based on aggregated data from public sources and community submissions.

How does ZIP 94603 rent compare to the US average?

ZIP 94603's median rent of $2,203/mo is $238 (12%) above the US national median of $1,965/mo.

How does ZIP 94603 compare to other ZIPs in California?

ZIP 94603 is among the more affordable ZIP codes in California, ranking #755 out of 907 ZIPs at $2,203/mo.

How much income do you need to rent in ZIP 94603?

To keep rent at or below 30% of gross income, you would need to earn at least $88,000/year (~$42/hour full-time) to afford the median rent of $2,203/mo in ZIP 94603. The local median household income is $76,723/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 94603?

Rent in ZIP 94603 has decreased 11.1% over the past year as of July 20, 2026, offering some relief compared to 12 months ago.

Is ZIP 94603 an affordable place to rent?

ZIP 94603 is considered moderate for renters. At $2,203/mo, rent takes approximately 34% of the local median household income ($76,723/yr). The standard benchmark is 30%. ZIP 94603 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 94603 residents rent vs. own?

According to Census data, approximately 52.1% of ZIP 94603 households are renters, while 47.9% are owner-occupied. With a majority renter population, ZIP 94603 has a strong rental market.

How does ZIP 94603 compare to the rest of Oakland?

ZIP 94603 is more affordable than Oakland overall. At $2,203/mo, it's $411 below the Oakland citywide median of $2,614/mo.

When was rent data for ZIP 94603 last updated?

Rent data for ZIP 94603 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
34%
MODERATE

At $2,203/mo, rent takes ~34% of ZIP 94603's median household income ($76,723/yr). The standard benchmark is 30%.

ZIP 94603 34%Benchmark 30%
State income tax1–13.3%
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