ZIP Code · CA

ZIP 94611

Part of Piedmont, CA
Pop. 40,116·Alameda County·341st most expensive ZIP in California
Median rent (all units)
$2,996/mo
Year-over-Year
+12.2%
Month-over-Month
+0.9%
vs US Median
+$1,064
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 94611 · $2,996
More expensive than 90% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$2,160
1 BR
$2,400
2 BR
$2,930
3 BR
$3,750
4 BR+
$4,440
Research median
$2,930/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: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

December. Asking rents in ZIP 94611 usually run 1.1% below trend in December and 1.3% above it in July, about $72 a month apart at today's median. Based on 8 years of data.

Compared with the peak

Rent in ZIP 94611 is at its highest level since Zillow's records here began in December 2017.

Past year vs. the rest of California

Rent in ZIP 94611 changed +12.2% over the year to September 2026. Across the 819 California ZIP codes Zillow tracks, the typical change was +3.2%.

Rent vs. income since 2019

From 2019 to 2024, rent in ZIP 94611 rose -1% while median household income rose 39.3% ($129,576 to $180,549). Income kept ahead of rent.

Since before the pandemic

Rent in ZIP 94611 is 14.1% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 13 months in a row, and rose in 12 of the last 12 months.

What a typical income covers

30% of the median household income ($180,549) is $4,514 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($4,440).

Cheaper nearby

ZIP 94610, 2 miles away, rents for 22% less ($2,344/mo), about $7,800 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 94611. 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.

Annual cost
$35,952/yr
At $2,996/mo median
Location
StateCA
CountyAlameda County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 12.2% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+12.2% YoY, +0.9% MoM), not inventory.
Demographics

Who lives here

ZIP 94611 (Piedmont, CA) is majority owner-occupied, has a large retiree population, has a median income above the national average, 79.4% of residents hold a bachelor's degree or higher.

Population
40,116
Median income
$180,549
Median age
43.5
Renters
39.4%
Age distribution
18.1%
15.9%
31.7%
12.5%
21.7%
Under 1818.1%
18–3415.9%
35–5431.7%
55–6412.5%
65+21.7%
Gender
47.9%
52.1%
Male47.9%
Female52.1%
Race & ethnicity
58.7%
17.2%
White58.7%
Black8%
Hispanic7%
Asian17.2%
Other9.1%
Education (25+)
12.7%
79.4%
No HS diploma2.3%
HS diploma5.6%
Some college12.7%
Bachelor's+79.4%
Housing tenure
60.6%
39.4%
Owner60.6%
Renter39.4%

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

2021 vs 2026

How ZIP 94611 in Piedmont, CA has changed in 5 years

Rent
$2,498 → $2,996
up 19.9%
Income
$147,080 → $180,549
up 22.8%
Population
40,292 → 40,116
down 0.4%
Renter share
40.9% → 39.4%
-1.5 pts
Bachelor's+
75.4% → 79.4%
+4.0 pts
Median age
44.9 → 43.5
-1.4 yrs

Across the past five years, the going rent in ZIP 94611 in Piedmont, CA has shifted from $2,498 to $2,996, up 19.9% since 2021. Median household income climbed from $147,080 to $180,549 between 2021 and 2024, a 22.8% shift. The renter share has eased from 40.9% to 39.4%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 75.4% to 79.4% across the same window. Taken together, the five-year picture in ZIP 94611 in Piedmont, 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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About renting in ZIP 94611

Last updated: October 17, 2026

ZIP code 94611 covers Piedmont, CA. The median rent here is $2,996/mo as of October 2026. A 1-bedroom rents for a median of $2,400/mo. A 2-bedroom rents for a median of $2,930/mo.

At 20% of local median household income ($180,549/yr), ZIP 94611 ranks as affordable compared to the national benchmark of 30%. Rents have increased 12.2% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 94611?

To keep rent at or below 30% of gross income, you would need to earn at least $120,000/year (about $58/hour full-time) to afford the median rent of $2,996/mo in ZIP 94611. The local median household income is $180,549/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 94611?

Rent in ZIP 94611 has risen 12.2% over the past year as of September 2026. That is the highest level since Zillow's records here began in December 2017.

When is the cheapest time to rent in ZIP 94611?

Asking rents in ZIP 94611 are usually lowest in December, about 1.1% below their yearly trend, and highest in July, about 1.3% above it. At today's median that is a gap of roughly $72 a month. This pattern comes from 8 years of Zillow rent data.

Has rent outpaced income in ZIP 94611?

No. From 2019 to 2024, rent in ZIP 94611 rose -1% while median household income rose 39.3%, from $129,576 to $180,549. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 94611 compare to other ZIPs in California?

ZIP 94611 is in the middle among California ZIP codes for rent, ranking #341 of 898 at $2,996/mo. Over the year to September 2026, rent in ZIP 94611 changed +12.2%, against a typical +3.2% across the 819 California ZIP codes Zillow tracks.
Income Affordability
20%
VERY AFFORDABLE

At $2,996/mo, rent takes ~20% of ZIP 94611's median household income ($180,549/yr). The standard benchmark is 30%.

ZIP 94611 20%Benchmark 30%
State income tax1–13.3%
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