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ZIP Code · CA

ZIP 94947

Part of Novato, CA
Pop. 24,100·Marin County·137th most expensive ZIP in California
Median rent (all units)
$3,729/mo
Year-over-Year
+7.5%
Month-over-Month
+0.8%
vs US Median
+$1,764
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 94947 · $3,729
More expensive than 96% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$2,250
1 BR
$2,690
2 BR
$3,260
3 BR
$4,160
4 BR+
$4,320
Research median
$3,260/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
$44,748/yr
At $3,729/mo median
Location
CityNovato
StateCA
CountyMarin County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 7.5% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+7.5% YoY, +0.8% MoM), not inventory.
Demographics

Who lives here

ZIP 94947 (Novato, CA) is majority owner-occupied, has a large retiree population, has a median income above the national average, 47.1% of residents hold a bachelor's degree or higher.

Population
24,100
Median income
$128,766
Median age
47.6
Renters
29.5%
Age distribution
18.8%
17.3%
25.1%
14.2%
24.5%
Under 1818.8%
18–3417.3%
35–5425.1%
55–6414.2%
65+24.5%
Gender
51%
49%
Male51%
Female49%
Race & ethnicity
60.9%
25.9%
White60.9%
Black2.4%
Hispanic25.9%
Asian6.3%
Other4.5%
Education (25+)
12.5%
12.6%
27.8%
47.1%
No HS diploma12.5%
HS diploma12.6%
Some college27.8%
Bachelor's+47.1%
Housing tenure
70.5%
29.5%
Owner70.5%
Renter29.5%

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

2021 vs 2026

How ZIP 94947 in Novato, CA has changed in 5 years

Income
$121,833 → $128,766
up 5.7%
Population
25,468 → 24,100
down 5.4%
Renter share
25.6% → 29.5%
+3.9 pts
Bachelor's+
44.4% → 47.1%
+2.7 pts
Median age
46.3 → 47.6
+1.3 yrs

Local incomes tracked alongside that move, going from a median of $121,833 in 2021 to $128,766 more recently. The population has contracted by 5.4% since 2021, moving from about 25,468 residents to roughly 24,100. Renters now make up 29.5% of households, compared with 25.6% five years ago. College-educated residents now make up 47.1% of adults here, versus 44.4% in 2021.

Community

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Local insights

Tips for renters in ZIP 94947

About renting in ZIP 94947

Last updated: July 20, 2026

ZIP code 94947 covers Novato, CA. The median rent here is $3,729/mo as of July 2026. A 1-bedroom rents for a median of $2,690/mo. A 2-bedroom rents for a median of $3,260/mo.

At 35% of local median household income ($128,766/yr), ZIP 94947 ranks as moderate compared to the national benchmark of 30%. Rents have increased 7.5% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 94947?

As of July 20, 2026, the median monthly rent in ZIP 94947 (Novato, CA) is $3,729. This is based on aggregated data from public sources and community submissions.

How does ZIP 94947 rent compare to the US average?

ZIP 94947's median rent of $3,729/mo is $1,764 (90%) above the US national median of $1,965/mo.

How does ZIP 94947 compare to other ZIPs in California?

ZIP 94947 is one of the pricier ZIP codes in California, ranking #137 out of 907 ZIPs tracked at $3,729/mo.

How much income do you need to rent in ZIP 94947?

To keep rent at or below 30% of gross income, you would need to earn at least $149,000/year (~$72/hour full-time) to afford the median rent of $3,729/mo in ZIP 94947. The local median household income is $128,766/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 94947?

Rent in ZIP 94947 has increased 7.5% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 94947 an affordable place to rent?

ZIP 94947 is considered moderate for renters. At $3,729/mo, rent takes approximately 35% of the local median household income ($128,766/yr). The standard benchmark is 30%. ZIP 94947 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 94947 residents rent vs. own?

According to Census data, approximately 29.5% of ZIP 94947 households are renters, while 70.5% are owner-occupied. ZIP 94947 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 94947 compare to the rest of Novato?

ZIP 94947 is more affordable than Novato overall. At $3,729/mo, it's $128 below the Novato citywide median of $3,857/mo.

When was rent data for ZIP 94947 last updated?

Rent data for ZIP 94947 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
35%
MODERATE

At $3,729/mo, rent takes ~35% of ZIP 94947's median household income ($128,766/yr). The standard benchmark is 30%.

ZIP 94947 35%Benchmark 30%
State income tax1–13.3%
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Schools nearby

Public schools near ZIP 94947 (Novato, CA)

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