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ZIP Code · CA

ZIP 94706

Part of Albany, CA
Pop. 19,969·Alameda County·295th most expensive ZIP in California
Median rent (all units)
$3,144/mo
Year-over-Year
+26.8%
Month-over-Month
-0.2%
vs US Median
+$1,179
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 94706 · $3,144
More expensive than 92% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$2,240
1 BR
$2,500
2 BR
$3,050
3 BR
$3,900
4 BR+
$4,620
Research median
$3,050/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
$37,728/yr
At $3,144/mo median
Location
CityAlbany
StateCA
CountyAlameda County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 26.8% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+26.8% YoY, -0.2% MoM), not inventory.
Demographics

Who lives here

ZIP 94706 (Albany, CA) is roughly split between renters and owners, has a median income above the national average, 78.1% of residents hold a bachelor's degree or higher.

Population
19,969
Median income
$143,398
Median age
39.1
Renters
46.7%
Age distribution
20.8%
22.8%
28.7%
15.9%
Under 1820.8%
18–3422.8%
35–5428.7%
55–6411.8%
65+15.9%
Gender
46.4%
53.6%
Male46.4%
Female53.6%
Race & ethnicity
45.7%
12.1%
31.4%
White45.7%
Black3.8%
Hispanic12.1%
Asian31.4%
Other7%
Education (25+)
12.2%
78.1%
No HS diploma2%
HS diploma7.8%
Some college12.2%
Bachelor's+78.1%
Housing tenure
53.3%
46.7%
Owner53.3%
Renter46.7%

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

2021 vs 2026

How ZIP 94706 in Albany, CA has changed in 5 years

Income
$115,712 → $143,398
up 23.9%
Population
20,962 → 19,969
down 4.7%
Renter share
50.3% → 46.7%
-3.6 pts
Bachelor's+
73.7% → 78.1%
+4.4 pts
Median age
36.7 → 39.1
+2.4 yrs

Local incomes tracked alongside that move, going from a median of $115,712 in 2021 to $143,398 more recently. Census counts show ZIP 94706 in Albany, CA losing about 993 residents over the five-year window, down 4.7% on net. The renter share has eased from 50.3% to 46.7%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 73.7% to 78.1% across the same window.

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Local insights

Tips for renters in ZIP 94706

About renting in ZIP 94706

Last updated: July 20, 2026

ZIP code 94706 covers Albany, CA. The median rent here is $3,144/mo as of July 2026. A 1-bedroom rents for a median of $2,500/mo. A 2-bedroom rents for a median of $3,050/mo.

At 26% of local median household income ($143,398/yr), ZIP 94706 ranks as affordable compared to the national benchmark of 30%. Rents have increased 26.8% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 94706?

As of July 20, 2026, the median monthly rent in ZIP 94706 (Albany, CA) is $3,144. This is based on aggregated data from public sources and community submissions.

How does ZIP 94706 rent compare to the US average?

ZIP 94706's median rent of $3,144/mo is $1,179 (60%) above the US national median of $1,965/mo.

How does ZIP 94706 compare to other ZIPs in California?

ZIP 94706 is one of the pricier ZIP codes in California, ranking #295 out of 907 ZIPs tracked at $3,144/mo.

How much income do you need to rent in ZIP 94706?

To keep rent at or below 30% of gross income, you would need to earn at least $126,000/year (~$61/hour full-time) to afford the median rent of $3,144/mo in ZIP 94706. The local median household income is $143,398/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 94706?

Rent in ZIP 94706 has increased 26.8% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 94706 an affordable place to rent?

ZIP 94706 is considered affordable for renters. At $3,144/mo, rent takes approximately 26% of the local median household income ($143,398/yr). The standard benchmark is 30%. ZIP 94706 falls comfortably within that range.

What percentage of ZIP 94706 residents rent vs. own?

According to Census data, approximately 46.7% of ZIP 94706 households are renters, while 53.3% are owner-occupied. ZIP 94706 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 94706 compare to the rest of Albany?

ZIP 94706 is pricier than Albany as a whole. At $3,144/mo, it's $37 above the Albany citywide median of $3,107/mo.

When was rent data for ZIP 94706 last updated?

Rent data for ZIP 94706 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
26%
AFFORDABLE

At $3,144/mo, rent takes ~26% of ZIP 94706's median household income ($143,398/yr). The standard benchmark is 30%.

ZIP 94706 26%Benchmark 30%
State income tax1–13.3%
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