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ZIP Code · CA

ZIP 94705

Part of Berkeley, CA
Pop. 13,991·Alameda County·401st most expensive ZIP in California
Median rent (all units)
$2,894/mo
Year-over-Year
-1.9%
Month-over-Month
-2.5%
vs US Median
+$929
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 94705 · $2,894
More expensive than 88% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$2,110
1 BR
$2,350
2 BR
$2,870
3 BR
$3,670
4 BR+
$4,350
Research median
$2,870/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
$34,728/yr
At $2,894/mo median
Location
StateCA
CountyAlameda County
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 1.9% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (-1.9% YoY, -2.5% MoM), not inventory.
Demographics

Who lives here

ZIP 94705 (Berkeley, CA) is majority owner-occupied, has a large retiree population, has a median income above the national average, 79.8% of residents hold a bachelor's degree or higher.

Population
13,991
Median income
$167,970
Median age
44.1
Renters
40.6%
Age distribution
15.9%
22.3%
24.9%
26.6%
Under 1815.9%
18–3422.3%
35–5424.9%
55–6410.3%
65+26.6%
Gender
48.6%
51.4%
Male48.6%
Female51.4%
Race & ethnicity
68.9%
12.9%
White68.9%
Black3.3%
Hispanic8%
Asian12.9%
Other6.9%
Education (25+)
14.5%
79.8%
No HS diploma1.9%
HS diploma3.9%
Some college14.5%
Bachelor's+79.8%
Housing tenure
59.4%
40.6%
Owner59.4%
Renter40.6%

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

2021 vs 2026

How ZIP 94705 in Berkeley, CA has changed in 5 years

Income
$143,533 → $167,970
up 17.0%
Population
14,150 → 13,991
down 1.1%
Renter share
43% → 40.6%
-2.4 pts
Bachelor's+
78.9% → 79.8%
+0.9 pts

On the earnings side, the typical household in ZIP 94705 in Berkeley, CA now reports about $167,970, up from $143,533 in 2021. Census counts show ZIP 94705 in Berkeley, CA losing about 159 residents over the five-year window, down 1.1% on net. The renter share has eased from 43% to 40.6%, with owner-occupied housing accounting for the remainder.

Community

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Local insights

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About renting in ZIP 94705

Last updated: July 20, 2026

ZIP code 94705 covers Berkeley, CA. The median rent here is $2,894/mo as of July 2026. A 1-bedroom rents for a median of $2,350/mo. A 2-bedroom rents for a median of $2,870/mo.

At 21% of local median household income ($167,970/yr), ZIP 94705 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 1.9% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 94705?

As of July 20, 2026, the median monthly rent in ZIP 94705 (Berkeley, CA) is $2,894. This is based on aggregated data from public sources and community submissions.

How does ZIP 94705 rent compare to the US average?

ZIP 94705's median rent of $2,894/mo is $929 (47%) above the US national median of $1,965/mo.

How does ZIP 94705 compare to other ZIPs in California?

ZIP 94705 falls in the middle range for California, ranking #401 out of 907 ZIPs at $2,894/mo.

How much income do you need to rent in ZIP 94705?

To keep rent at or below 30% of gross income, you would need to earn at least $116,000/year (~$56/hour full-time) to afford the median rent of $2,894/mo in ZIP 94705. The local median household income is $167,970/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 94705?

Rent in ZIP 94705 has decreased 1.9% over the past year as of July 20, 2026, offering some relief compared to 12 months ago.

Is ZIP 94705 an affordable place to rent?

ZIP 94705 is considered very affordable for renters. At $2,894/mo, rent takes approximately 21% of the local median household income ($167,970/yr). The standard benchmark is 30%. ZIP 94705 falls comfortably within that range.

What percentage of ZIP 94705 residents rent vs. own?

According to Census data, approximately 40.6% of ZIP 94705 households are renters, while 59.4% are owner-occupied. ZIP 94705 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 94705 compare to the rest of Berkeley?

ZIP 94705 is more affordable than Berkeley overall. At $2,894/mo, it's $47 below the Berkeley citywide median of $2,941/mo.

When was rent data for ZIP 94705 last updated?

Rent data for ZIP 94705 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
21%
VERY AFFORDABLE

At $2,894/mo, rent takes ~21% of ZIP 94705's median household income ($167,970/yr). The standard benchmark is 30%.

ZIP 94705 21%Benchmark 30%
State income tax1–13.3%
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Schools nearby

Public schools near ZIP 94705 (Berkeley, CA)

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