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ZIP Code · CA

ZIP 95116

Part of San Jose, CA
Pop. 48,042·Santa Clara County·322nd most expensive ZIP in California
Median rent (all units)
$3,065/mo
Year-over-Year
+0.3%
Month-over-Month
+5.4%
vs US Median
+$1,100
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 95116 · $3,065
More expensive than 91% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$2,120
1 BR
$2,410
2 BR
$2,820
3 BR
$3,730
4 BR+
$4,060
Research median
$2,820/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
$36,780/yr
At $3,065/mo median
Location
StateCA
CountySanta Clara County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 0.3% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+0.3% YoY, +5.4% MoM), not inventory.
Demographics

Who lives here

ZIP 95116 (San Jose, CA) is majority renter-occupied, 21.2% of residents hold a bachelor's degree or higher.

Population
48,042
Median income
$85,818
Median age
37.5
Renters
57.6%
Age distribution
21.9%
24.7%
28.1%
14.9%
Under 1821.9%
18–3424.7%
35–5428.1%
55–6410.4%
65+14.9%
Gender
50.7%
49.3%
Male50.7%
Female49.3%
Race & ethnicity
58.6%
29.6%
White11.8%
Black1.5%
Hispanic58.6%
Asian29.6%
Education (25+)
30.7%
26.2%
21.9%
21.2%
No HS diploma30.7%
HS diploma26.2%
Some college21.9%
Bachelor's+21.2%
Housing tenure
42.4%
57.6%
Owner42.4%
Renter57.6%

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

2021 vs 2026

How ZIP 95116 in San Jose, CA has changed in 5 years

Rent
$2,282 → $3,065
up 34.3%
Income
$76,339 → $85,818
up 12.4%
Population
52,245 → 48,042
down 8.0%
Renter share
60.4% → 57.6%
-2.8 pts
Bachelor's+
19.2% → 21.2%
+2.0 pts
Median age
34.2 → 37.5
+3.3 yrs

The median rent in ZIP 95116 in San Jose, CA stood at $2,282 in 2021 and currently runs about $3,065, reflecting a 34.3% increase over the period. Household income in the area moved from $76,339 to $85,818 across the same window, up 12.4% versus 2021. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has contracted by 8.0% since 2021, moving from about 52,245 residents to roughly 48,042. Renters now make up 57.6% of households, compared with 60.4% five years ago. College-educated residents now make up 21.2% of adults here, versus 19.2% in 2021. Reading these numbers side by side helps frame whether current listings in ZIP 95116 in San Jose, CA look reasonable against where the market sat half a decade ago.

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Local insights

Tips for renters in ZIP 95116

About renting in ZIP 95116

Last updated: July 20, 2026

ZIP code 95116 covers San Jose, CA. The median rent here is $3,065/mo as of July 2026. A 1-bedroom rents for a median of $2,410/mo. A 2-bedroom rents for a median of $2,820/mo.

At 43% of local median household income ($85,818/yr), ZIP 95116 ranks as moderate compared to the national benchmark of 30%. Rents have increased 0.3% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 95116?

As of July 20, 2026, the median monthly rent in ZIP 95116 (San Jose, CA) is $3,065. This is based on aggregated data from public sources and community submissions.

How does ZIP 95116 rent compare to the US average?

ZIP 95116's median rent of $3,065/mo is $1,100 (56%) above the US national median of $1,965/mo.

How does ZIP 95116 compare to other ZIPs in California?

ZIP 95116 falls in the middle range for California, ranking #322 out of 907 ZIPs at $3,065/mo.

How much income do you need to rent in ZIP 95116?

To keep rent at or below 30% of gross income, you would need to earn at least $123,000/year (~$59/hour full-time) to afford the median rent of $3,065/mo in ZIP 95116. The local median household income is $85,818/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 95116?

Rent in ZIP 95116 has been relatively stable over the past year, with a 0.3% change year over year as of July 20, 2026.

Is ZIP 95116 an affordable place to rent?

ZIP 95116 is considered stretched for renters. At $3,065/mo, rent takes approximately 43% of the local median household income ($85,818/yr). The standard benchmark is 30%. ZIP 95116 significantly exceeds that threshold, making it challenging for many renters.

What percentage of ZIP 95116 residents rent vs. own?

According to Census data, approximately 57.6% of ZIP 95116 households are renters, while 42.4% are owner-occupied. With a majority renter population, ZIP 95116 has a strong rental market.

How does ZIP 95116 compare to the rest of San Jose?

ZIP 95116 is more affordable than San Jose overall. At $3,065/mo, it's $414 below the San Jose citywide median of $3,479/mo.

When was rent data for ZIP 95116 last updated?

Rent data for ZIP 95116 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
43%
STRETCHED

At $3,065/mo, rent takes ~43% of ZIP 95116's median household income ($85,818/yr). The standard benchmark is 30%.

ZIP 95116 43%Benchmark 30%
State income tax1–13.3%
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