ZIP Code · CA

ZIP 94612

Part of Oakland, CA

Pop. 18,175·Alameda County·288th most expensive ZIP in California

Median rent (all units)

$3,158/mo

Year-over-Year

+17.6%

Month-over-Month

+2.4%

vs US Median

+$1,226

Reported rents

Rising (Monthly)

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Most AffordableMost Expensive

ZIP 94612 · $3,158

More expensive than 92% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$2,250

1 BR

$2,510

2 BR

$3,060

3 BR

$3,910

4 BR+

$4,640

Research median

$3,060/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 94612 usually run 1% below trend in December and 1.1% above it in August, about $66 a month apart at today's median. Based on 7 years of data.

Compared with the peak

Rent in ZIP 94612 is 4% below its high of $3,289 in June 2019, at $3,158 as of September 2026.

Past year vs. the rest of California

Rent in ZIP 94612 changed +17.6% over the year to September 2026. Across the 819 California ZIP codes Zillow tracks, the typical change was +3.2%.

Since before the pandemic

Rent in ZIP 94612 is 2.5% lower than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 14 months in a row, and rose in 12 of the last 12 months.

What a typical income covers

30% of the median household income ($74,037) is $1,851 a month. That is less than HUD's Fair Market Rent for a studio ($2,250).

Rank in Oakland

12th cheapest of 12 ZIP codes in Oakland.

Cheaper nearby

ZIP 94610, 1 mile away, rents for 26% less ($2,344/mo), about $9,800 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 94612. 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

$37,896/yr

At $3,158/mo median

Location

CityOakland

StateCA

CountyAlameda County

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 17.6% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+17.6% YoY, +2.4% MoM), not inventory.

Demographics

Who lives here

ZIP 94612 (Oakland, CA) is majority renter-occupied, skews toward younger working-age adults, 56.2% of residents hold a bachelor's degree or higher.

Population

18,175

Median income

$74,037

Median age

Renters

91.4%

Age distribution

34.8%

30%

18.4%

Under 186.9%

18–3434.8%

35–5430%

55–6410%

65+18.4%

Gender

52.1%

47.9%

Male52.1%

Female47.9%

Race & ethnicity

30.9%

27.7%

25.1%

White30.9%

Black27.7%

Hispanic10.7%

Asian25.1%

Other5.7%

Education (25+)

13.3%

18.6%

56.2%

No HS diploma13.3%

HS diploma11.9%

Some college18.6%

Bachelor's+56.2%

Housing tenure

91.4%

Owner8.6%

Renter91.4%

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

2021 vs 2026

How ZIP 94612 in Oakland, CA has changed in 5 years

Rent

$2,801 → $3,158

up 12.7%

Income

$65,536 → $74,037

up 13.0%

Population

16,884 → 18,175

up 7.6%

Renter share

89.9% → 91.4%

+1.5 pts

Bachelor's+

57% → 56.2%

-0.8 pts

Median age

37.4 → 38

+0.6 yrs

Since 2021, the typical rent in ZIP 94612 in Oakland, CA has increased from $2,801 to $3,158, a 12.7% change over five years. On the earnings side, the typical household in ZIP 94612 in Oakland, CA now reports about $74,037, up from $65,536 in 2021. The population has grown by 7.6% since 2021, moving from about 16,884 residents to roughly 18,175. Renters now make up 91.4% of households, compared with 89.9% five years ago. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 94612 in Oakland, CA reflects that arc in its own way.

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About renting in ZIP 94612

Last updated: October 17, 2026

ZIP code 94612 covers Oakland, CA. The median rent here is $3,158/mo as of October 2026. A 1-bedroom rents for a median of $2,510/mo. A 2-bedroom rents for a median of $3,060/mo.

At 51% of local median household income ($74,037/yr), ZIP 94612 ranks as expensive compared to the national benchmark of 30%. Rents have increased 17.6% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 94612?

To keep rent at or below 30% of gross income, you would need to earn at least $126,000/year (about $61/hour full-time) to afford the median rent of $3,158/mo in ZIP 94612. The local median household income is $74,037/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 94612?

Rent in ZIP 94612 has risen 17.6% over the past year as of September 2026. It sits 4% below its high of $3,289 in June 2019.

When is the cheapest time to rent in ZIP 94612?

Asking rents in ZIP 94612 are usually lowest in December, about 1% below their yearly trend, and highest in August, about 1.1% above it. At today's median that is a gap of roughly $66 a month. This pattern comes from 7 years of Zillow rent data.

How does ZIP 94612 compare to other ZIPs in California?

ZIP 94612 is one of the pricier among California ZIP codes for rent, ranking #288 of 898 at $3,158/mo. Over the year to September 2026, rent in ZIP 94612 changed +17.6%, against a typical +3.2% across the 819 California ZIP codes Zillow tracks.