ZIP Code · CA

ZIP 94621

Part of Oakland, CA

Pop. 33,840·Alameda County·650th most expensive ZIP in California

Median rent (all units)

$2,412/mo

Year-over-Year

+1.9%

Month-over-Month

-0.7%

vs US Median

+$480

Reported rents

Falling (Monthly)

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Most AffordableMost Expensive

ZIP 94621 · $2,412

More expensive than 77% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$1,750

1 BR

$1,990

2 BR

$2,420

3 BR

$3,090

4 BR+

$3,670

Research median

$2,420/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

Compared with the peak

Rent in ZIP 94621 is 1.5% below its high of $2,449 in June 2026, at $2,412 as of September 2026.

Past year vs. the rest of California

Rent in ZIP 94621 changed +1.9% over the year to September 2026. Across the 819 California ZIP codes Zillow tracks, the typical change was +3.2%.

Recent direction

Rent has fallen 3 months in a row, and rose in 6 of the last 12 months.

What a typical income covers

30% of the median household income ($52,049) is $1,301 a month. That is less than HUD's Fair Market Rent for a studio ($1,750).

Rank in Oakland

3rd cheapest of 12 ZIP codes in Oakland.

From Zillow's monthly rent index (ZORI) for ZIP 94621. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$28,944/yr

At $2,412/mo median

Location

CityOakland

StateCA

CountyAlameda County

Rent Market Meter

Balanced Market

Renter's MarketBalancedLandlord's Market

Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.

Based on rent-price momentum (+1.9% YoY, -0.7% MoM), not inventory.

Demographics

Who lives here

ZIP 94621 (Oakland, CA) is majority renter-occupied, has a large share of families with children, has a median income below the national average, 13.5% of residents hold a bachelor's degree or higher.

Population

33,840

Median income

$52,049

Median age

33.3

Renters

63.6%

Age distribution

26.1%

26.8%

25.6%

12.7%

Under 1826.1%

18–3426.8%

35–5425.6%

55–6412.7%

65+8.8%

Gender

48.9%

51.1%

Male48.9%

Female51.1%

Race & ethnicity

23%

61.7%

White9%

Black23%

Hispanic61.7%

Asian4.8%

Other1.4%

Education (25+)

34%

29.5%

23%

13.5%

No HS diploma34%

HS diploma29.5%

Some college23%

Bachelor's+13.5%

Housing tenure

36.4%

63.6%

Owner36.4%

Renter63.6%

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

2021 vs 2026

How ZIP 94621 in Oakland, CA has changed in 5 years

Income

$47,003 → $52,049

up 10.7%

Population

35,379 → 33,840

down 4.4%

Renter share

67.4% → 63.6%

-3.8 pts

Bachelor's+

13.1% → 13.5%

+0.4 pts

Median age

30.8 → 33.3

+2.5 yrs

Household income in the area moved from $47,003 to $52,049 across the same window, up 10.7% versus 2021. The population has contracted by 4.4% since 2021, moving from about 35,379 residents to roughly 33,840. Renters now make up 63.6% of households, compared with 67.4% five years ago.

Community

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Local insights

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About renting in ZIP 94621

Last updated: October 17, 2026

ZIP code 94621 covers Oakland, CA. The median rent here is $2,412/mo as of October 2026. A 1-bedroom rents for a median of $1,990/mo. A 2-bedroom rents for a median of $2,420/mo.

At 56% of local median household income ($52,049/yr), ZIP 94621 ranks as expensive compared to the national benchmark of 30%. Rents have increased 1.9% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 94621?

To keep rent at or below 30% of gross income, you would need to earn at least $96,000/year (about $46/hour full-time) to afford the median rent of $2,412/mo in ZIP 94621. The local median household income is $52,049/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 94621?

Rent in ZIP 94621 has risen 1.9% over the past year as of September 2026. It sits 1.5% below its high of $2,449 in June 2026.

How does ZIP 94621 compare to other ZIPs in California?

ZIP 94621 is one of the more affordable among California ZIP codes for rent, ranking #650 of 898 at $2,412/mo. Over the year to September 2026, rent in ZIP 94621 changed +1.9%, against a typical +3.2% across the 819 California ZIP codes Zillow tracks.