ZIP 94605
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12-month history
Last updated: October 17, 2026
What the numbers show
March. Asking rents in ZIP 94605 usually run 1.9% below trend in March and 1% above it in December, about $78 a month apart at today's median. Based on 7 years of data.
Rent in ZIP 94605 is at its highest level since Zillow's records here began in January 2019.
Rent in ZIP 94605 changed +5.6% over the year to September 2026. Across the 819 California ZIP codes Zillow tracks, the typical change was +3.2%.
From 2019 to 2024, rent in ZIP 94605 rose 13.5% while median household income rose 45.7% ($72,778 to $106,068). Income kept ahead of rent.
Rent in ZIP 94605 is 20.4% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent has risen 3 months in a row, and rose in 9 of the last 12 months.
30% of the median household income ($106,068) is $2,652 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($2,420); a 3-bedroom is $3,090.
6th cheapest of 12 ZIP codes in Oakland.
ZIP 94621, 4 miles away, rents for 10% less ($2,412/mo), about $3,400 a year in savings.
From Zillow's monthly rent index (ZORI) for ZIP 94605. 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.
Who lives here
ZIP 94605 (Oakland, CA) is majority owner-occupied, has a median income above the national average, 43.9% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How ZIP 94605 in Oakland, CA has changed in 5 years
Since 2021, the typical rent in ZIP 94605 in Oakland, CA has increased from $2,209 to $2,694, a 22.0% change over five years. Median household income rose from $83,026 to $106,068 between 2021 and 2024, a 27.8% shift. On paper, paychecks moved up faster than rent, which softens the affordability squeeze versus the 2021 baseline. The population has contracted by 2.7% since 2021, moving from about 45,334 residents to roughly 44,103. Renters now make up 37.1% of households, compared with 40.8% five years ago. College-educated residents now make up 43.9% of adults here, versus 40.7% in 2021. Taken together, the five-year picture in ZIP 94605 in Oakland, CA reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.
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Tips for renters in ZIP 94605
Last updated: October 17, 2026
ZIP code 94605 covers Oakland, CA. The median rent here is $2,694/mo as of October 2026. A 1-bedroom rents for a median of $1,990/mo. A 2-bedroom rents for a median of $2,420/mo.
At 30% of local median household income ($106,068/yr), ZIP 94605 ranks as moderate compared to the national benchmark of 30%. Rents have increased 5.7% over the past year.
Frequently asked questions
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How does ZIP 94605 compare to the rest of Oakland?
At $2,694/mo, rent takes ~30% of ZIP 94605's median household income ($106,068/yr). The standard benchmark is 30%.
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