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ZIP Code · CA

ZIP 94607

Part of Oakland, CA
Pop. 28,804·Alameda County·554th most expensive ZIP in California
Median rent (all units)
$2,635/mo
Year-over-Year
+5.1%
Month-over-Month
+0.3%
vs US Median
+$670
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 94607 · $2,635
More expensive than 83% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,800
1 BR
$2,010
2 BR
$2,450
3 BR
$3,130
4 BR+
$3,710
Research median
$2,450/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
$31,620/yr
At $2,635/mo median
Location
StateCA
CountyAlameda County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (5.1% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+5.1% YoY, +0.3% MoM), not inventory.
Demographics

Who lives here

ZIP 94607 (Oakland, CA) is majority renter-occupied, skews toward younger working-age adults, has a median income above the national average, 48.7% of residents hold a bachelor's degree or higher.

Population
28,804
Median income
$94,863
Median age
35.6
Renters
69.9%
Age distribution
13.6%
34.7%
27.1%
13.4%
Under 1813.6%
18–3434.7%
35–5427.1%
55–6411.2%
65+13.4%
Gender
50.3%
49.7%
Male50.3%
Female49.7%
Race & ethnicity
24.5%
30.7%
13%
23.5%
White24.5%
Black30.7%
Hispanic13%
Asian23.5%
Other8.2%
Education (25+)
13.5%
15.5%
22.3%
48.7%
No HS diploma13.5%
HS diploma15.5%
Some college22.3%
Bachelor's+48.7%
Housing tenure
30.1%
69.9%
Owner30.1%
Renter69.9%

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

2021 vs 2026

How ZIP 94607 in Oakland, CA has changed in 5 years

Rent
$2,503 → $2,635
up 5.3%
Income
$66,211 → $94,863
up 43.3%
Population
27,022 → 28,804
up 6.6%
Renter share
67.1% → 69.9%
+2.8 pts
Bachelor's+
45.5% → 48.7%
+3.2 pts
Median age
36.2 → 35.6
-0.6 yrs

Since 2021, the typical rent in ZIP 94607 in Oakland, CA has climbed from $2,503 to $2,635, a 5.3% change over five years. Local incomes tracked alongside that move, going from a median of $66,211 in 2021 to $94,863 more recently. On paper, paychecks moved up faster than rent, which softens the affordability squeeze versus the 2021 baseline. The population has grown by 6.6% since 2021, moving from about 27,022 residents to roughly 28,804. Renters now make up 69.9% of households, compared with 67.1% five years ago. College-educated residents now make up 48.7% of adults here, versus 45.5% in 2021. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 94607 in Oakland, CA market of 2021.

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Local insights

Tips for renters in ZIP 94607

About renting in ZIP 94607

Last updated: July 20, 2026

ZIP code 94607 covers Oakland, CA. The median rent here is $2,635/mo as of July 2026. A 1-bedroom rents for a median of $2,010/mo. A 2-bedroom rents for a median of $2,450/mo.

At 33% of local median household income ($94,863/yr), ZIP 94607 ranks as moderate compared to the national benchmark of 30%. Rents have increased 5.1% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 94607?

As of July 20, 2026, the median monthly rent in ZIP 94607 (Oakland, CA) is $2,635. This is based on aggregated data from public sources and community submissions.

How does ZIP 94607 rent compare to the US average?

ZIP 94607's median rent of $2,635/mo is $670 (34%) above the US national median of $1,965/mo.

How does ZIP 94607 compare to other ZIPs in California?

ZIP 94607 falls in the middle range for California, ranking #554 out of 907 ZIPs at $2,635/mo.

How much income do you need to rent in ZIP 94607?

To keep rent at or below 30% of gross income, you would need to earn at least $105,000/year (~$50/hour full-time) to afford the median rent of $2,635/mo in ZIP 94607. The local median household income is $94,863/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 94607?

Rent in ZIP 94607 has increased 5.1% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 94607 an affordable place to rent?

ZIP 94607 is considered moderate for renters. At $2,635/mo, rent takes approximately 33% of the local median household income ($94,863/yr). The standard benchmark is 30%. ZIP 94607 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 94607 residents rent vs. own?

According to Census data, approximately 69.9% of ZIP 94607 households are renters, while 30.1% are owner-occupied. With a majority renter population, ZIP 94607 has a strong rental market.

How does ZIP 94607 compare to the rest of Oakland?

ZIP 94607 is pricier than Oakland as a whole. At $2,635/mo, it's $21 above the Oakland citywide median of $2,614/mo.

When was rent data for ZIP 94607 last updated?

Rent data for ZIP 94607 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
33%
MODERATE

At $2,635/mo, rent takes ~33% of ZIP 94607's median household income ($94,863/yr). The standard benchmark is 30%.

ZIP 94607 33%Benchmark 30%
State income tax1–13.3%
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Schools nearby

Public schools near ZIP 94607 (Oakland, CA)

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