ZIP 94607
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Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).
12-month history
Last updated: October 17, 2026
What the numbers show
January. Asking rents in ZIP 94607 usually run 0.6% below trend in January and 1% above it in September, about $44 a month apart at today's median. Based on 7 years of data.
Rent in ZIP 94607 is at its highest level since Zillow's records here began in January 2019.
Rent in ZIP 94607 changed +13.4% 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 94607 rose -7.4% while median household income rose 72.3% ($55,054 to $94,863). Income kept ahead of rent.
Rent in ZIP 94607 is 3.5% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent has risen 13 months in a row, and rose in 12 of the last 12 months.
30% of the median household income ($94,863) is $2,372 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($2,010); a 2-bedroom is $2,450.
8th cheapest of 12 ZIP codes in Oakland.
ZIP 94610, 3 miles away, rents for 15% less ($2,344/mo), about $4,800 a year in savings.
From Zillow's monthly rent index (ZORI) for ZIP 94607. 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 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.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How ZIP 94607 in Oakland, CA has changed in 5 years
Since 2021, the typical rent in ZIP 94607 in Oakland, CA has climbed from $2,414 to $2,742, a 13.6% 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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Tips for renters in ZIP 94607
Last updated: October 17, 2026
ZIP code 94607 covers Oakland, CA. The median rent here is $2,742/mo as of October 2026. A 1-bedroom rents for a median of $2,010/mo. A 2-bedroom rents for a median of $2,450/mo.
At 35% of local median household income ($94,863/yr), ZIP 94607 ranks as moderate compared to the national benchmark of 30%. Rents have increased 13.3% over the past year.
Frequently asked questions
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How does ZIP 94607 compare to the rest of Oakland?
At $2,742/mo, rent takes ~35% of ZIP 94607's median household income ($94,863/yr). The standard benchmark is 30%.
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