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ZIP Code · CA

ZIP 94605

Part of Oakland, CA
Pop. 44,103·Alameda County·583rd most expensive ZIP in California
Median rent (all units)
$2,583/mo
Year-over-Year
+10.1%
Month-over-Month
+0.2%
vs US Median
+$618
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 94605 · $2,583
More expensive than 81% 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
$30,996/yr
At $2,583/mo median
Location
StateCA
CountyAlameda County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 10.1% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+10.1% YoY, +0.2% MoM), not inventory.
Demographics

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.

Population
44,103
Median income
$106,068
Median age
38.6
Renters
37.1%
Age distribution
21.3%
21.9%
29.7%
15.9%
Under 1821.3%
18–3421.9%
35–5429.7%
55–6411.2%
65+15.9%
Gender
47.5%
52.5%
Male47.5%
Female52.5%
Race & ethnicity
19.2%
38%
27.3%
White19.2%
Black38%
Hispanic27.3%
Asian9.5%
Other5.9%
Education (25+)
12.6%
18.3%
25.2%
43.9%
No HS diploma12.6%
HS diploma18.3%
Some college25.2%
Bachelor's+43.9%
Housing tenure
62.9%
37.1%
Owner62.9%
Renter37.1%

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

2021 vs 2026

How ZIP 94605 in Oakland, CA has changed in 5 years

Rent
$1,986 → $2,583
up 30.1%
Income
$83,026 → $106,068
up 27.8%
Population
45,334 → 44,103
down 2.7%
Renter share
40.8% → 37.1%
-3.7 pts
Bachelor's+
40.7% → 43.9%
+3.2 pts

Since 2021, the typical rent in ZIP 94605 in Oakland, CA has increased from $1,986 to $2,583, a 30.1% change over five years. Median household income rose from $83,026 to $106,068 between 2021 and 2024, a 27.8% shift. 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.

Community

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Local insights

Tips for renters in ZIP 94605

About renting in ZIP 94605

Last updated: July 20, 2026

ZIP code 94605 covers Oakland, CA. The median rent here is $2,583/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 29% of local median household income ($106,068/yr), ZIP 94605 ranks as affordable compared to the national benchmark of 30%. Rents have increased 10.1% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 94605?

As of July 20, 2026, the median monthly rent in ZIP 94605 (Oakland, CA) is $2,583. This is based on aggregated data from public sources and community submissions.

How does ZIP 94605 rent compare to the US average?

ZIP 94605's median rent of $2,583/mo is $618 (31%) above the US national median of $1,965/mo.

How does ZIP 94605 compare to other ZIPs in California?

ZIP 94605 falls in the middle range for California, ranking #583 out of 907 ZIPs at $2,583/mo.

How much income do you need to rent in ZIP 94605?

To keep rent at or below 30% of gross income, you would need to earn at least $103,000/year (~$50/hour full-time) to afford the median rent of $2,583/mo in ZIP 94605. The local median household income is $106,068/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 94605?

Rent in ZIP 94605 has increased 10.1% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 94605 an affordable place to rent?

ZIP 94605 is considered affordable for renters. At $2,583/mo, rent takes approximately 29% of the local median household income ($106,068/yr). The standard benchmark is 30%. ZIP 94605 falls comfortably within that range.

What percentage of ZIP 94605 residents rent vs. own?

According to Census data, approximately 37.1% of ZIP 94605 households are renters, while 62.9% are owner-occupied. ZIP 94605 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 94605 compare to the rest of Oakland?

ZIP 94605 is more affordable than Oakland overall. At $2,583/mo, it's $31 below the Oakland citywide median of $2,614/mo.

When was rent data for ZIP 94605 last updated?

Rent data for ZIP 94605 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
29%
AFFORDABLE

At $2,583/mo, rent takes ~29% of ZIP 94605's median household income ($106,068/yr). The standard benchmark is 30%.

ZIP 94605 29%Benchmark 30%
State income tax1–13.3%
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Schools nearby

Public schools near ZIP 94605 (Oakland, CA)

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