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ZIP Code · CA

ZIP 94702

Part of Berkeley, CA
Pop. 17,635·Alameda County·483rd most expensive ZIP in California
Median rent (all units)
$2,733/mo
Year-over-Year
+6.7%
Month-over-Month
-3.7%
vs US Median
+$768
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 94702 · $2,733
More expensive than 85% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,820
1 BR
$2,020
2 BR
$2,470
3 BR
$3,160
4 BR+
$3,740
Research median
$2,470/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: July 20, 2026

Annual cost
$32,796/yr
At $2,733/mo median
Location
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 (+6.7% YoY, -3.7% MoM), not inventory.
Demographics

Who lives here

ZIP 94702 (Berkeley, CA) is roughly split between renters and owners, has a median income above the national average, 64% of residents hold a bachelor's degree or higher.

Population
17,635
Median income
$99,775
Median age
41.5
Renters
48.7%
Age distribution
20.2%
19.9%
29.4%
12.3%
18.1%
Under 1820.2%
18–3419.9%
35–5429.4%
55–6412.3%
65+18.1%
Gender
46.2%
53.8%
Male46.2%
Female53.8%
Race & ethnicity
51.1%
15.3%
13.5%
White51.1%
Black15.3%
Hispanic11%
Asian13.5%
Other9.1%
Education (25+)
12.1%
18.5%
64%
No HS diploma5.4%
HS diploma12.1%
Some college18.5%
Bachelor's+64%
Housing tenure
51.3%
48.7%
Owner51.3%
Renter48.7%

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

2021 vs 2026

How ZIP 94702 in Berkeley, CA has changed in 5 years

Rent
$2,393 → $2,733
up 14.2%
Income
$86,058 → $99,775
up 15.9%
Population
16,557 → 17,635
up 6.5%
Renter share
51.9% → 48.7%
-3.2 pts
Bachelor's+
63.2% → 64%
+0.8 pts
Median age
40 → 41.5
+1.5 yrs

The median rent in ZIP 94702 in Berkeley, CA stood at $2,393 in 2021 and currently runs about $2,733, reflecting a 14.2% increase over the period. On the earnings side, the typical household in ZIP 94702 in Berkeley, CA now reports about $99,775, up from $86,058 in 2021. The population has grown by 6.5% since 2021, moving from about 16,557 residents to roughly 17,635. Renters now make up 48.7% of households, compared with 51.9% five years ago. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 94702 in Berkeley, CA reflects that arc in its own way.

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Local insights

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About renting in ZIP 94702

Last updated: July 20, 2026

ZIP code 94702 covers Berkeley, CA. The median rent here is $2,733/mo as of July 2026. A 1-bedroom rents for a median of $2,020/mo. A 2-bedroom rents for a median of $2,470/mo.

At 33% of local median household income ($99,775/yr), ZIP 94702 ranks as moderate compared to the national benchmark of 30%. Rents have increased 6.7% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 94702?

As of July 20, 2026, the median monthly rent in ZIP 94702 (Berkeley, CA) is $2,733. This is based on aggregated data from public sources and community submissions.

How does ZIP 94702 rent compare to the US average?

ZIP 94702's median rent of $2,733/mo is $768 (39%) above the US national median of $1,965/mo.

How does ZIP 94702 compare to other ZIPs in California?

ZIP 94702 falls in the middle range for California, ranking #483 out of 907 ZIPs at $2,733/mo.

How much income do you need to rent in ZIP 94702?

To keep rent at or below 30% of gross income, you would need to earn at least $109,000/year (~$52/hour full-time) to afford the median rent of $2,733/mo in ZIP 94702. The local median household income is $99,775/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 94702?

Rent in ZIP 94702 has increased 6.7% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 94702 an affordable place to rent?

ZIP 94702 is considered moderate for renters. At $2,733/mo, rent takes approximately 33% of the local median household income ($99,775/yr). The standard benchmark is 30%. ZIP 94702 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 94702 residents rent vs. own?

According to Census data, approximately 48.7% of ZIP 94702 households are renters, while 51.3% are owner-occupied. ZIP 94702 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 94702 compare to the rest of Berkeley?

ZIP 94702 is more affordable than Berkeley overall. At $2,733/mo, it's $208 below the Berkeley citywide median of $2,941/mo.

When was rent data for ZIP 94702 last updated?

Rent data for ZIP 94702 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
33%
MODERATE

At $2,733/mo, rent takes ~33% of ZIP 94702's median household income ($99,775/yr). The standard benchmark is 30%.

ZIP 94702 33%Benchmark 30%
State income tax1–13.3%
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Schools nearby

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