ZIP Code · CA

ZIP 94708

Part of Berkeley, CA

Pop. 11,947·Alameda County·293rd most expensive ZIP in California

Median rent (all units)

$3,146/mo

Year-over-Year

Stable

Month-over-Month

+4.5%

vs US Median

+$1,214

Reported rents

Rising (Monthly)

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Most AffordableMost Expensive

ZIP 94708 · $3,146

More expensive than 92% of US ZIP codes · National median $1,932/mo

Rent check

Is your rent fair?

Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$2,740

1 BR

$3,050

2 BR

$3,720

3 BR

$4,760

4 BR+

$5,640

Research median

$3,720/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

What a typical income covers

30% of the median household income ($234,923) is $5,873 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($5,640).

Rank in Berkeley

6th cheapest of 7 ZIP codes in Berkeley.

Cheaper nearby

ZIP 94709, 2 miles away, rents for 13% less ($2,729/mo), about $5,000 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 94708. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$37,752/yr

At $3,146/mo median

Location

CityBerkeley

StateCA

CountyAlameda County

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 0.0% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+0.0% YoY, +4.5% MoM), not inventory.

Demographics

Who lives here

ZIP 94708 (Berkeley, CA) is majority owner-occupied, has a large retiree population, has a median income above the national average, 87.5% of residents hold a bachelor's degree or higher.

Population

11,947

Median income

$234,923

Median age

48.6

Renters

15%

Age distribution

17.3%

14.4%

26.9%

13.6%

27.8%

Under 1817.3%

18–3414.4%

35–5426.9%

55–6413.6%

65+27.8%

Gender

50.1%

49.9%

Male50.1%

Female49.9%

Race & ethnicity

72.8%

White72.8%

Black2.5%

Hispanic7.4%

Asian9.1%

Other8.1%

Education (25+)

87.5%

No HS diploma1.4%

HS diploma3.5%

Some college7.6%

Bachelor's+87.5%

Housing tenure

85%

15%

Owner85%

Renter15%

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

2021 vs 2026

How ZIP 94708 in Berkeley, CA has changed in 5 years

Income

$201,099 → $234,923

up 16.8%

Population

11,937 → 11,947

up 0.1%

Renter share

14.8% → 15%

+0.2 pts

Bachelor's+

86.6% → 87.5%

+0.9 pts

Median age

49.3 → 48.6

-0.7 yrs

On the earnings side, the typical household in ZIP 94708 in Berkeley, CA now reports about $234,923, up from $201,099 in 2021.

Community

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Local insights

Tips for renters in ZIP 94708

About renting in ZIP 94708

Last updated: October 17, 2026

ZIP code 94708 covers Berkeley, CA. The median rent here is $3,146/mo as of October 2026. A 1-bedroom rents for a median of $3,050/mo. A 2-bedroom rents for a median of $3,720/mo.

At 16% of local median household income ($234,923/yr), ZIP 94708 ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 94708?

To keep rent at or below 30% of gross income, you would need to earn at least $126,000/year (about $61/hour full-time) to afford the median rent of $3,146/mo in ZIP 94708. The local median household income is $234,923/yr, so the typical household meets that bar.