ZIP Code · CA

ZIP 94618

Part of Oakland, CA

Pop. 16,958·Alameda County·349th most expensive ZIP in California

Median rent (all units)

$2,987/mo

Year-over-Year

+5.7%

Month-over-Month

-1.1%

vs US Median

+$1,055

Reported rents

Falling (Monthly)

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Most AffordableMost Expensive

ZIP 94618 · $2,987

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

$2,520

1 BR

$2,810

2 BR

$3,430

3 BR

$4,390

4 BR+

$5,200

Research median

$3,430/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

April. Asking rents in ZIP 94618 usually run 2.4% below trend in April and 2.8% above it in October, about $155 a month apart at today's median. Based on 5 years of data.

Compared with the peak

Rent in ZIP 94618 is 1.1% below its high of $3,020 in July 2026, at $2,987 as of September 2026.

Past year vs. the rest of California

Rent in ZIP 94618 changed +5.7% over the year to September 2026. Across the 819 California ZIP codes Zillow tracks, the typical change was +3.2%.

Recent direction

Rent rose in 7 of the last 12 months.

What a typical income covers

30% of the median household income ($201,780) is $5,045 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($4,390); a 4-bedroom is $5,200.

Rank in Oakland

11th cheapest of 12 ZIP codes in Oakland.

Cheaper nearby

ZIP 94610, 2 miles away, rents for 22% less ($2,344/mo), about $7,700 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 94618. 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

$35,844/yr

At $2,987/mo median

Location

CityOakland

StateCA

CountyAlameda County

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (5.7% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+5.7% YoY, -1.1% MoM), not inventory.

Demographics

Who lives here

ZIP 94618 (Oakland, CA) is majority owner-occupied, has a large retiree population, has a median income above the national average, 86.4% of residents hold a bachelor's degree or higher.

Population

16,958

Median income

$201,780

Median age

44.4

Renters

32.6%

Age distribution

17.7%

17.6%

29.2%

12.9%

22.7%

Under 1817.7%

18–3417.6%

35–5429.2%

55–6412.9%

65+22.7%

Gender

50.4%

49.6%

Male50.4%

Female49.6%

Race & ethnicity

67.5%

White67.5%

Black3.3%

Hispanic9%

Asian11.8%

Other8.4%

Education (25+)

86.4%

No HS diploma1.5%

HS diploma2.9%

Some college9.2%

Bachelor's+86.4%

Housing tenure

67.4%

32.6%

Owner67.4%

Renter32.6%

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

2021 vs 2026

How ZIP 94618 in Oakland, CA has changed in 5 years

Rent

$1,942 → $2,987

up 53.8%

Income

$172,454 → $201,780

up 17.0%

Population

17,324 → 16,958

down 2.1%

Renter share

36% → 32.6%

-3.4 pts

Bachelor's+

84.1% → 86.4%

+2.3 pts

Median age

42.4 → 44.4

+2.0 yrs

Compared with 2021, rent in ZIP 94618 in Oakland, CA has increased by $1,045 per month, settling near $2,987 after starting the period at $1,942. Local incomes tracked alongside that move, going from a median of $172,454 in 2021 to $201,780 more recently. Rent outpaced income growth by roughly 36.8 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 17,324 to 16,958 between 2021 and 2024, a 2.1% change. About 32.6% of households rent today, against 36% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 84.1% to 86.4%. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 94618 in Oakland, CA market of 2021.

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About renting in ZIP 94618

Last updated: October 17, 2026

ZIP code 94618 covers Oakland, CA. The median rent here is $2,987/mo as of October 2026. A 1-bedroom rents for a median of $2,810/mo. A 2-bedroom rents for a median of $3,430/mo.

At 18% of local median household income ($201,780/yr), ZIP 94618 ranks as affordable compared to the national benchmark of 30%. Rents have increased 5.7% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 94618?

To keep rent at or below 30% of gross income, you would need to earn at least $119,000/year (about $57/hour full-time) to afford the median rent of $2,987/mo in ZIP 94618. The local median household income is $201,780/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 94618?

Rent in ZIP 94618 has risen 5.7% over the past year as of September 2026. It sits 1.1% below its high of $3,020 in July 2026.

When is the cheapest time to rent in ZIP 94618?

Asking rents in ZIP 94618 are usually lowest in April, about 2.4% below their yearly trend, and highest in October, about 2.8% above it. At today's median that is a gap of roughly $155 a month. This pattern comes from 5 years of Zillow rent data.

How does ZIP 94618 compare to other ZIPs in California?

ZIP 94618 is in the middle among California ZIP codes for rent, ranking #349 of 898 at $2,987/mo. Over the year to September 2026, rent in ZIP 94618 changed +5.7%, against a typical +3.2% across the 819 California ZIP codes Zillow tracks.