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ZIP Code · CA

ZIP 94941

Pop. 32,706·Marin County·30th most expensive ZIP in California
Median rent (all units)
$5,247/mo
Year-over-Year
+64.4%
Month-over-Month
+13.8%
vs US Median
+$3,282
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 94941 · $5,247
More expensive than 99% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$2,730
1 BR
$3,270
2 BR
$3,960
3 BR
$5,060
4 BR+
$5,240
Research median
$3,960/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
$62,964/yr
At $5,247/mo median
Location
StateCA
CountyMarin County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 64.4% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+64.4% YoY, +13.8% MoM), not inventory.
Demographics

Who lives here

ZIP 94941 (Mill Valley, CA) is majority owner-occupied, has a large retiree population, has a median income above the national average, 75.9% of residents hold a bachelor's degree or higher.

Population
32,706
Median income
$209,870
Median age
45.9
Renters
31.8%
Age distribution
22%
14.1%
28.2%
14.9%
20.9%
Under 1822%
18–3414.1%
35–5428.2%
55–6414.9%
65+20.9%
Gender
47.5%
52.5%
Male47.5%
Female52.5%
Race & ethnicity
79.1%
White79.1%
Black1.1%
Hispanic7.9%
Asian7.5%
Other4.3%
Education (25+)
15.7%
75.9%
No HS diploma1.5%
HS diploma7%
Some college15.7%
Bachelor's+75.9%
Housing tenure
68.2%
31.8%
Owner68.2%
Renter31.8%

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

2021 vs 2026

How ZIP 94941 in Mill Valley, CA has changed in 5 years

Rent
$2,951 → $5,247
up 77.8%
Income
$183,882 → $209,870
up 14.1%
Population
32,711 → 32,706
up 0.0%
Renter share
33.5% → 31.8%
-1.7 pts
Bachelor's+
76.9% → 75.9%
-1.0 pts

Five years ago, renters in ZIP 94941 in Mill Valley, CA paid around $2,951 a month. That figure now sits near $5,247, up 77.8% from the 2021 baseline. Census figures show median household income at $209,870 today, compared with $183,882 five years earlier. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. The renter share has eased from 33.5% to 31.8%, with owner-occupied housing accounting for the remainder. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.

Community

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Local insights

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About renting in ZIP 94941

Last updated: July 20, 2026

ZIP code 94941 covers Mill Valley, CA. The median rent here is $5,247/mo as of July 2026. A 1-bedroom rents for a median of $3,270/mo. A 2-bedroom rents for a median of $3,960/mo.

At 30% of local median household income ($209,870/yr), ZIP 94941 ranks as moderate compared to the national benchmark of 30%. Rents have increased 64.4% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 94941?

As of July 20, 2026, the median monthly rent in ZIP 94941 (Mill Valley, CA) is $5,247. This is based on aggregated data from public sources and community submissions.

How does ZIP 94941 rent compare to the US average?

ZIP 94941's median rent of $5,247/mo is $3,282 (167%) above the US national median of $1,965/mo.

How does ZIP 94941 compare to other ZIPs in California?

ZIP 94941 is one of the pricier ZIP codes in California, ranking #30 out of 907 ZIPs tracked at $5,247/mo.

How much income do you need to rent in ZIP 94941?

To keep rent at or below 30% of gross income, you would need to earn at least $210,000/year (~$101/hour full-time) to afford the median rent of $5,247/mo in ZIP 94941. The local median household income is $209,870/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 94941?

Rent in ZIP 94941 has increased 64.4% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 94941 an affordable place to rent?

ZIP 94941 is considered moderate for renters. At $5,247/mo, rent takes approximately 30% of the local median household income ($209,870/yr). The standard benchmark is 30%. ZIP 94941 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 94941 residents rent vs. own?

According to Census data, approximately 31.8% of ZIP 94941 households are renters, while 68.2% are owner-occupied. ZIP 94941 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 94941 compare to the rest of Mill Valley?

ZIP 94941 is more affordable than Mill Valley overall. At $5,247/mo, it's $58 below the Mill Valley citywide median of $5,305/mo.

When was rent data for ZIP 94941 last updated?

Rent data for ZIP 94941 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
30%
MODERATE

At $5,247/mo, rent takes ~30% of ZIP 94941's median household income ($209,870/yr). The standard benchmark is 30%.

ZIP 94941 30%Benchmark 30%
State income tax1–13.3%
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Schools nearby

Public schools near ZIP 94941 (Mill Valley, CA)

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