ZIP Code · CA

ZIP 94945

Part of Novato, CA

Pop. 17,635·Marin County·50th most expensive ZIP in California

Median rent (all units)

$4,612/mo

Year-over-Year

Stable

Month-over-Month

+1.7%

vs US Median

+$2,680

Reported rents

Rising (Monthly)

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Most AffordableMost Expensive

ZIP 94945 · $4,612

More expensive than 99% of US ZIP codes · National median $1,932/mo

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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$2,050

1 BR

$2,510

2 BR

$2,990

3 BR

$3,770

4 BR+

$3,960

Research median

$2,990/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 ($107,790) is $2,695 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($2,510); a 2-bedroom is $2,990.

Rank in Novato

3rd cheapest of 3 ZIP codes in Novato.

Cheaper nearby

ZIP 94949, 5 miles away, rents for 16% less ($3,883/mo), about $8,700 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 94945. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$55,344/yr

At $4,612/mo median

Location

CityNovato

StateCA

CountyMarin County

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (0.0% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+0.0% YoY, +1.7% MoM), not inventory.

Demographics

Who lives here

ZIP 94945 (Novato, CA) is majority owner-occupied, has a large retiree population, has a median income above the national average, 52.1% of residents hold a bachelor's degree or higher.

Population

17,635

Median income

$107,790

Median age

49.6

Renters

29.6%

Age distribution

19.7%

14.1%

24.7%

17.5%

24.1%

Under 1819.7%

18–3414.1%

35–5424.7%

55–6417.5%

65+24.1%

Gender

50.2%

49.8%

Male50.2%

Female49.8%

Race & ethnicity

62.5%

24.8%

White62.5%

Black2.8%

Hispanic24.8%

Asian7.9%

Other2.1%

Education (25+)

15.9%

22.1%

52.1%

No HS diploma9.9%

HS diploma15.9%

Some college22.1%

Bachelor's+52.1%

Housing tenure

70.4%

29.6%

Owner70.4%

Renter29.6%

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

2021 vs 2026

How ZIP 94945 in Novato, CA has changed in 5 years

Income

$109,544 → $107,790

down 1.6%

Population

17,482 → 17,635

up 0.9%

Renter share

28.3% → 29.6%

+1.3 pts

Bachelor's+

49.6% → 52.1%

+2.5 pts

Median age

51.3 → 49.6

-1.7 yrs

Household income in the area moved from $109,544 to $107,790 across the same window, down 1.6% versus 2021. College-educated residents now make up 52.1% of adults here, versus 49.6% in 2021.

Community

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Local insights

Tips for renters in ZIP 94945

About renting in ZIP 94945

Last updated: October 17, 2026

ZIP code 94945 covers Novato, CA. The median rent here is $4,612/mo as of October 2026. A 1-bedroom rents for a median of $2,510/mo. A 2-bedroom rents for a median of $2,990/mo.

At 51% of local median household income ($107,790/yr), ZIP 94945 ranks as expensive 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 94945?

To keep rent at or below 30% of gross income, you would need to earn at least $184,000/year (about $88/hour full-time) to afford the median rent of $4,612/mo in ZIP 94945. The local median household income is $107,790/yr, so the typical household falls short of that bar.