ZIP Code · CA

ZIP 95051

Pop. 62,054·Santa Clara County·116th most expensive ZIP in California
Median rent (all units)
$3,922/mo
Year-over-Year
+8.2%
Month-over-Month
+1.0%
vs US Median
+$1,990
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 95051 · $3,922
More expensive than 97% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$2,980
1 BR
$3,390
2 BR
$3,960
3 BR
$5,230
4 BR+
$5,700
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: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

January. Asking rents in ZIP 95051 usually run 1.5% below trend in January and 1.5% above it in July, about $118 a month apart at today's median. Based on 10 years of data.

Compared with the peak

Rent in ZIP 95051 is at its highest level since Zillow's records here began in May 2016.

Past year vs. the rest of California

Rent in ZIP 95051 changed +8.2% over the year to September 2026. Across the 819 California ZIP codes Zillow tracks, the typical change was +3.2%.

Rent vs. income since 2019

From 2019 to 2024, rent in ZIP 95051 rose 9.8% while median household income rose 46.5% ($134,230 to $196,690). Income kept ahead of rent.

Since before the pandemic

Rent in ZIP 95051 is 21.4% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 11 months in a row, and rose in 11 of the last 12 months.

What a typical income covers

30% of the median household income ($196,690) is $4,917 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($3,960); a 3-bedroom is $5,230.

Rank in Santa Clara

2nd cheapest of 3 ZIP codes in Santa Clara.

Cheaper nearby

ZIP 95117, 3 miles away, rents for 23% less ($3,012/mo), about $10,900 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 95051. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$47,064/yr
At $3,922/mo median
Location
StateCA
CountySanta Clara County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 8.2% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+8.2% YoY, +1.0% MoM), not inventory.
Demographics

Who lives here

ZIP 95051 (Santa Clara, CA) is majority renter-occupied, skews toward younger working-age adults, has a median income above the national average, 70.2% of residents hold a bachelor's degree or higher.

Population
62,054
Median income
$196,690
Median age
35
Renters
56.1%
Age distribution
18.1%
31.9%
27.3%
Under 1818.1%
18–3431.9%
35–5427.3%
55–6410.9%
65+11.8%
Gender
52.6%
47.4%
Male52.6%
Female47.4%
Race & ethnicity
26.5%
12.3%
56.8%
White26.5%
Black1%
Hispanic12.3%
Asian56.8%
Other3.4%
Education (25+)
15.1%
70.2%
No HS diploma5.4%
HS diploma9.4%
Some college15.1%
Bachelor's+70.2%
Housing tenure
43.9%
56.1%
Owner43.9%
Renter56.1%

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

2021 vs 2026

How ZIP 95051 in Santa Clara, CA has changed in 5 years

Rent
$2,911 → $3,922
up 34.7%
Income
$160,979 → $196,690
up 22.2%
Population
60,582 → 62,054
up 2.4%
Renter share
53.8% → 56.1%
+2.3 pts
Bachelor's+
68.4% → 70.2%
+1.8 pts

Compared with 2021, rent in ZIP 95051 in Santa Clara, CA has climbed by $1,011 per month, settling near $3,922 after starting the period at $2,911. Local incomes tracked alongside that move, going from a median of $160,979 in 2021 to $196,690 more recently. Rent outpaced income growth by roughly 12.5 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 60,582 to 62,054 between 2021 and 2024, a 2.4% change. About 56.1% of households rent today, against 53.8% in 2021. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 95051 in Santa Clara, CA market of 2021.

Community

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Local insights

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About renting in ZIP 95051

Last updated: October 17, 2026

ZIP code 95051 covers Santa Clara, CA. The median rent here is $3,922/mo as of October 2026. A 1-bedroom rents for a median of $3,390/mo. A 2-bedroom rents for a median of $3,960/mo.

At 24% of local median household income ($196,690/yr), ZIP 95051 ranks as affordable compared to the national benchmark of 30%. Rents have increased 8.2% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 95051?

To keep rent at or below 30% of gross income, you would need to earn at least $157,000/year (about $75/hour full-time) to afford the median rent of $3,922/mo in ZIP 95051. The local median household income is $196,690/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 95051?

Rent in ZIP 95051 has risen 8.2% over the past year as of September 2026. That is the highest level since Zillow's records here began in May 2016.

When is the cheapest time to rent in ZIP 95051?

Asking rents in ZIP 95051 are usually lowest in January, about 1.5% below their yearly trend, and highest in July, about 1.5% above it. At today's median that is a gap of roughly $118 a month. This pattern comes from 10 years of Zillow rent data.

Has rent outpaced income in ZIP 95051?

No. From 2019 to 2024, rent in ZIP 95051 rose 9.8% while median household income rose 46.5%, from $134,230 to $196,690. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 95051 compare to other ZIPs in California?

ZIP 95051 is one of the pricier among California ZIP codes for rent, ranking #116 of 898 at $3,922/mo. Over the year to September 2026, rent in ZIP 95051 changed +8.2%, against a typical +3.2% across the 819 California ZIP codes Zillow tracks.

How does ZIP 95051 compare to the rest of Santa Clara?

At $3,922/mo, ZIP 95051 is $36 below the Santa Clara citywide median of $3,958/mo. It is the 2nd cheapest of 3 ZIP codes in Santa Clara.
Income Affordability
24%
VERY AFFORDABLE

At $3,922/mo, rent takes ~24% of ZIP 95051's median household income ($196,690/yr). The standard benchmark is 30%.

ZIP 95051 24%Benchmark 30%
State income tax1–13.3%
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Schools nearby

Public schools near ZIP 95051 (Santa Clara, CA)

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