ZIP 94609
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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 94609 usually run 1.1% below trend in January and 1.1% above it in July, about $61 a month apart at today's median. Based on 7 years of data.
Rent in ZIP 94609 is at its highest level since Zillow's records here began in January 2019.
Rent in ZIP 94609 changed +10.8% 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 94609 rose -3.9% while median household income rose 24.3% ($86,750 to $107,834). Income kept ahead of rent.
Rent in ZIP 94609 is 10.4% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent has risen 17 months in a row, and rose in 12 of the last 12 months.
30% of the median household income ($107,834) is $2,696 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($2,470); a 2-bedroom is $3,020.
9th cheapest of 12 ZIP codes in Oakland.
ZIP 94610, 2 miles away, rents for 16% less ($2,344/mo), about $5,200 a year in savings.
From Zillow's monthly rent index (ZORI) for ZIP 94609. 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 94609 (Oakland, CA) is majority renter-occupied, skews toward younger working-age adults, has a median income above the national average, 65.1% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How ZIP 94609 in Oakland, CA has changed in 5 years
Since 2021, the typical rent in ZIP 94609 in Oakland, CA has increased from $2,340 to $2,780, a 18.8% change over five years. Local incomes tracked alongside that move, going from a median of $99,783 in 2021 to $107,834 more recently. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has contracted by 2.8% since 2021, moving from about 24,623 residents to roughly 23,928. College-educated residents now make up 65.1% of adults here, versus 61.4% in 2021. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 94609 in Oakland, CA market of 2021.
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Tips for renters in ZIP 94609
Last updated: October 17, 2026
ZIP code 94609 covers Oakland, CA. The median rent here is $2,780/mo as of October 2026. A 1-bedroom rents for a median of $2,470/mo. A 2-bedroom rents for a median of $3,020/mo.
At 31% of local median household income ($107,834/yr), ZIP 94609 ranks as moderate compared to the national benchmark of 30%. Rents have increased 10.8% over the past year.
Frequently asked questions
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How does ZIP 94609 compare to the rest of Oakland?
At $2,780/mo, rent takes ~31% of ZIP 94609's median household income ($107,834/yr). The standard benchmark is 30%.
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