ZIP Code · CA

ZIP 95111

Part of San Jose, CA

Pop. 57,202·Santa Clara County·217th most expensive ZIP in California

Median rent (all units)

$3,374/mo

Year-over-Year

+2.2%

Month-over-Month

-0.3%

vs US Median

+$1,442

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 95111 · $3,374

More expensive than 94% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$1,940

1 BR

$2,190

2 BR

$2,540

3 BR

$3,330

4 BR+

$3,620

Research median

$2,540/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

Compared with the peak

Rent in ZIP 95111 is 1.7% below its high of $3,432 in June 2026, at $3,374 as of September 2026.

Past year vs. the rest of California

Rent in ZIP 95111 changed +2.2% 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 6 of the last 12 months.

What a typical income covers

30% of the median household income ($101,435) is $2,536 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($2,190); a 2-bedroom is $2,540.

Rank in San Jose

7th cheapest of 25 ZIP codes in San Jose.

Cheaper nearby

ZIP 95116, 5 miles away, rents for 13% less ($2,929/mo), about $5,300 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 95111. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$40,488/yr

At $3,374/mo median

Location

CitySan Jose

StateCA

CountySanta Clara County

Rent Market Meter

Balanced Market

Renter's MarketBalancedLandlord's Market

Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.

Based on rent-price momentum (+2.2% YoY, -0.3% MoM), not inventory.

Demographics

Who lives here

ZIP 95111 (San Jose, CA) is majority owner-occupied, has a median income above the national average, 23.5% of residents hold a bachelor's degree or higher.

Population

57,202

Median income

$101,435

Median age

37.8

Renters

40.1%

Age distribution

22.1%

24.9%

26.8%

12.5%

13.7%

Under 1822.1%

18–3424.9%

35–5426.8%

55–6412.5%

65+13.7%

Gender

50.8%

49.2%

Male50.8%

Female49.2%

Race & ethnicity

49.5%

38%

White11.6%

Black3.6%

Hispanic49.5%

Asian38%

Education (25+)

27.5%

24.7%

24.2%

23.5%

No HS diploma27.5%

HS diploma24.7%

Some college24.2%

Bachelor's+23.5%

Housing tenure

59.9%

40.1%

Owner59.9%

Renter40.1%

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

2023 vs 2026

How ZIP 95111 in San Jose, CA has changed in 5 years

Rent

$2,989 → $3,374

up 12.9%

Income

$81,166 → $101,435

up 25.0%

Population

60,687 → 57,202

down 5.7%

Renter share

41.5% → 40.1%

-1.4 pts

Bachelor's+

19.5% → 23.5%

+4.0 pts

Median age

36.4 → 37.8

+1.4 yrs

Compared with 2023, rent in ZIP 95111 in San Jose, CA has climbed by $385 per month, settling near $3,374 after starting the period at $2,989. Census figures show median household income at $101,435 today, compared with $81,166 five years earlier. Income growth outran rent by about 12.1 percentage points, easing the affordability math somewhat compared with 2021. Headcount in the area went from 60,687 to 57,202 between 2021 and 2024, a 5.7% change. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 19.5% to 23.5%. The combined trend lines point to a market that has changed measurably from where it stood in early 2023.

Community

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About renting in ZIP 95111

Last updated: October 17, 2026

ZIP code 95111 covers San Jose, CA. The median rent here is $3,374/mo as of October 2026. A 1-bedroom rents for a median of $2,190/mo. A 2-bedroom rents for a median of $2,540/mo.

At 40% of local median household income ($101,435/yr), ZIP 95111 ranks as moderate compared to the national benchmark of 30%. Rents have increased 2.2% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 95111?

To keep rent at or below 30% of gross income, you would need to earn at least $135,000/year (about $65/hour full-time) to afford the median rent of $3,374/mo in ZIP 95111. The local median household income is $101,435/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 95111?

Rent in ZIP 95111 has risen 2.2% over the past year as of September 2026. It sits 1.7% below its high of $3,432 in June 2026.

How does ZIP 95111 compare to other ZIPs in California?

ZIP 95111 is one of the pricier among California ZIP codes for rent, ranking #217 of 898 at $3,374/mo. Over the year to September 2026, rent in ZIP 95111 changed +2.2%, against a typical +3.2% across the 819 California ZIP codes Zillow tracks.