ZIP 95054
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12-month history
Last updated: October 17, 2026
What the numbers show
December. Asking rents in ZIP 95054 usually run 2.2% below trend in December and 1.9% above it in August, about $171 a month apart at today's median. Based on 6 years of data.
Rent in ZIP 95054 is at its highest level since Zillow's records here began in January 2020.
Rent in ZIP 95054 changed +7.8% over the year to September 2026. Across the 819 California ZIP codes Zillow tracks, the typical change was +3.2%.
Rent in ZIP 95054 is 26.9% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent has risen 12 months in a row, and rose in 12 of the last 12 months.
30% of the median household income ($207,895) is $5,197 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($4,430); a 3-bedroom is $5,850.
3rd cheapest of 3 ZIP codes in Santa Clara.
ZIP 95050, 3 miles away, rents for 12% less ($3,644/mo), about $6,200 a year in savings.
From Zillow's monthly rent index (ZORI) for ZIP 95054. 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.
Who lives here
ZIP 95054 (Santa Clara, CA) is majority renter-occupied, skews toward younger working-age adults, has a median income above the national average, 68.6% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How ZIP 95054 in Santa Clara, CA has changed in 5 years
Across the past five years, the going rent in ZIP 95054 in Santa Clara, CA has shifted from $3,013 to $4,163, up 38.2% since 2021. On the earnings side, the typical household in ZIP 95054 in Santa Clara, CA now reports about $207,895, up from $171,799 in 2021. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 95054 in Santa Clara, CA adding about 1,300 residents over the five-year window, up 5.3% on net. The renter share has risen from 60.3% to 67.4%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 65.9% to 68.6% across the same window. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 95054 in Santa Clara, CA reflects that arc in its own way.
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Tips for renters in ZIP 95054
Last updated: October 17, 2026
ZIP code 95054 covers Santa Clara, CA. The median rent here is $4,163/mo as of October 2026. A 1-bedroom rents for a median of $3,790/mo. A 2-bedroom rents for a median of $4,430/mo.
At 24% of local median household income ($207,895/yr), ZIP 95054 ranks as affordable compared to the national benchmark of 30%. Rents have increased 7.8% over the past year.
Frequently asked questions
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How does ZIP 95054 compare to the rest of Santa Clara?
At $4,163/mo, rent takes ~24% of ZIP 95054's median household income ($207,895/yr). The standard benchmark is 30%.
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