ZIP Code · CA

ZIP 95062

Part of Santa Cruz, CA

Pop. 35,607·Santa Cruz County·185th most expensive ZIP in California

Median rent (all units)

$3,499/mo

Year-over-Year

+2.5%

Month-over-Month

-0.1%

vs US Median

+$1,567

Reported rents

Stable (Monthly)

Be the first to discuss 95062 rents ↓

Most AffordableMost Expensive

ZIP 95062 · $3,499

More expensive than 95% of US ZIP codes · National median $1,932/mo

Rent check

Is your rent fair?

Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$2,552

1 BR

$2,648

2 BR

$3,380

3 BR

$4,310

4 BR+

$4,536

Research median

$3,380/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

Loading…

Last updated: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

November. Asking rents in ZIP 95062 usually run 0.7% below trend in November and 0.7% above it in July, about $49 a month apart at today's median. Based on 6 years of data.

Compared with the peak

Rent in ZIP 95062 is 0.8% below its high of $3,526 in June 2026, at $3,499 as of September 2026.

Past year vs. the rest of California

Rent in ZIP 95062 changed +2.5% over the year to September 2026. Across the 819 California ZIP codes Zillow tracks, the typical change was +3.2%.

Recent direction

Rent has fallen 3 months in a row, and rose in 7 of the last 12 months.

What a typical income covers

30% of the median household income ($112,106) is $2,803 a month. That is less than HUD's Fair Market Rent for a studio ($3,730).

Cheaper nearby

ZIP 95073, 6 miles away, rents for 19% less ($2,850/mo), about $7,800 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 95062. 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

$41,988/yr

At $3,499/mo median

Location

CitySanta Cruz

StateCA

CountySanta Cruz County

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (2.5% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+2.5% YoY, -0.1% MoM), not inventory.

Demographics

Who lives here

ZIP 95062 (Santa Cruz, CA) is roughly split between renters and owners, has a large retiree population, has a median income above the national average, 49.8% of residents hold a bachelor's degree or higher.

Population

35,607

Median income

$112,106

Median age

43.3

Renters

46.5%

Age distribution

13.5%

25.1%

27.1%

13.4%

20.9%

Under 1813.5%

18–3425.1%

35–5427.1%

55–6413.4%

65+20.9%

Gender

47.4%

52.6%

Male47.4%

Female52.6%

Race & ethnicity

68.1%

22.8%

White68.1%

Black1.4%

Hispanic22.8%

Asian4.8%

Other2.9%

Education (25+)

13.6%

28.8%

49.8%

No HS diploma7.7%

HS diploma13.6%

Some college28.8%

Bachelor's+49.8%

Housing tenure

53.5%

46.5%

Owner53.5%

Renter46.5%

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

2021 vs 2026

How ZIP 95062 in Santa Cruz, CA has changed in 5 years

Rent

$2,742 → $3,499

up 27.6%

Income

$91,801 → $112,106

up 22.1%

Population

36,278 → 35,607

down 1.8%

Renter share

44.9% → 46.5%

+1.6 pts

Bachelor's+

48.1% → 49.8%

+1.7 pts

Median age

41.1 → 43.3

+2.2 yrs

Across the past five years, the going rent in ZIP 95062 in Santa Cruz, CA has shifted from $2,742 to $3,499, up 27.6% since 2021. Local incomes tracked alongside that move, going from a median of $91,801 in 2021 to $112,106 more recently. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 95062 in Santa Cruz, CA losing about 671 residents over the five-year window, down 1.8% on net. The renter share has risen from 44.9% to 46.5%, with owner-occupied housing accounting for the remainder. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 95062 in Santa Cruz, CA market of 2021.

Community

Discussions about ZIP 95062

No discussions yet. Start the conversation.

Local insights

Tips for renters in ZIP 95062

About renting in ZIP 95062

Last updated: October 17, 2026

ZIP code 95062 covers Santa Cruz, CA. The median rent here is $3,499/mo as of October 2026. A 1-bedroom rents for a median of $2,648/mo. A 2-bedroom rents for a median of $3,380/mo.

At 37% of local median household income ($112,106/yr), ZIP 95062 ranks as moderate compared to the national benchmark of 30%. Rents have increased 2.5% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 95062?

To keep rent at or below 30% of gross income, you would need to earn at least $140,000/year (about $67/hour full-time) to afford the median rent of $3,499/mo in ZIP 95062. The local median household income is $112,106/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 95062?

Rent in ZIP 95062 has risen 2.5% over the past year as of September 2026. It sits 0.8% below its high of $3,526 in June 2026.

When is the cheapest time to rent in ZIP 95062?

Asking rents in ZIP 95062 are usually lowest in November, about 0.7% below their yearly trend, and highest in July, about 0.7% above it. At today's median that is a gap of roughly $49 a month. This pattern comes from 6 years of Zillow rent data.

How does ZIP 95062 compare to other ZIPs in California?

ZIP 95062 is one of the pricier among California ZIP codes for rent, ranking #185 of 898 at $3,499/mo. Over the year to September 2026, rent in ZIP 95062 changed +2.5%, against a typical +3.2% across the 819 California ZIP codes Zillow tracks.