ZIP Code · CA

ZIP 95118

Part of San Jose, CA
Pop. 32,015·Santa Clara County·64th most expensive ZIP in California
Median rent (all units)
$4,346/mo
Year-over-Year
+19.8%
Month-over-Month
+17.3%
vs US Median
+$2,381
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 95118 · $4,346
More expensive than 98% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$2,360
1 BR
$2,680
2 BR
$3,130
3 BR
$4,140
4 BR+
$4,500
Research median
$3,130/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
$52,152/yr
At $4,346/mo median
Location
StateCA
CountySanta Clara County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 19.8% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+19.8% YoY, +17.3% MoM), not inventory.
Demographics

Who lives here

ZIP 95118 (San Jose, CA) is majority owner-occupied, has a median income above the national average, 53.7% of residents hold a bachelor's degree or higher.

Population
32,015
Median income
$152,682
Median age
39.5
Renters
38.3%
Age distribution
24.3%
19.4%
31.1%
13.8%
Under 1824.3%
18–3419.4%
35–5431.1%
55–6411.5%
65+13.8%
Gender
49.5%
50.5%
Male49.5%
Female50.5%
Race & ethnicity
46%
27.1%
23.8%
White46%
Black1.5%
Hispanic27.1%
Asian23.8%
Other1.6%
Education (25+)
13.7%
25.1%
53.7%
No HS diploma7.6%
HS diploma13.7%
Some college25.1%
Bachelor's+53.7%
Housing tenure
61.7%
38.3%
Owner61.7%
Renter38.3%

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

2021 vs 2026

How ZIP 95118 in San Jose, CA has changed in 5 years

Income
$130,745 → $152,682
up 16.8%
Population
32,703 → 32,015
down 2.1%
Renter share
35.3% → 38.3%
+3.0 pts
Bachelor's+
51.6% → 53.7%
+2.1 pts

On the earnings side, the typical household in ZIP 95118 in San Jose, CA now reports about $152,682, up from $130,745 in 2021. Census counts show ZIP 95118 in San Jose, CA losing about 688 residents over the five-year window, down 2.1% on net. The renter share has risen from 35.3% to 38.3%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 51.6% to 53.7% across the same window.

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About renting in ZIP 95118

Last updated: July 20, 2026

ZIP code 95118 covers San Jose, CA. The median rent here is $4,346/mo as of July 2026. A 1-bedroom rents for a median of $2,680/mo. A 2-bedroom rents for a median of $3,130/mo.

At 34% of local median household income ($152,682/yr), ZIP 95118 ranks as moderate compared to the national benchmark of 30%. Rents have increased 19.8% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 95118?

As of July 20, 2026, the median monthly rent in ZIP 95118 (San Jose, CA) is $4,346. This is based on aggregated data from public sources and community submissions.

How does ZIP 95118 rent compare to the US average?

ZIP 95118's median rent of $4,346/mo is $2,381 (121%) above the US national median of $1,965/mo.

How does ZIP 95118 compare to other ZIPs in California?

ZIP 95118 is one of the pricier ZIP codes in California, ranking #64 out of 907 ZIPs tracked at $4,346/mo.

How much income do you need to rent in ZIP 95118?

To keep rent at or below 30% of gross income, you would need to earn at least $174,000/year (~$84/hour full-time) to afford the median rent of $4,346/mo in ZIP 95118. The local median household income is $152,682/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 95118?

Rent in ZIP 95118 has increased 19.8% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 95118 an affordable place to rent?

ZIP 95118 is considered moderate for renters. At $4,346/mo, rent takes approximately 34% of the local median household income ($152,682/yr). The standard benchmark is 30%. ZIP 95118 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 95118 residents rent vs. own?

According to Census data, approximately 38.3% of ZIP 95118 households are renters, while 61.7% are owner-occupied. ZIP 95118 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 95118 compare to the rest of San Jose?

ZIP 95118 is pricier than San Jose as a whole. At $4,346/mo, it's $867 above the San Jose citywide median of $3,479/mo.

When was rent data for ZIP 95118 last updated?

Rent data for ZIP 95118 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
34%
MODERATE

At $4,346/mo, rent takes ~34% of ZIP 95118's median household income ($152,682/yr). The standard benchmark is 30%.

ZIP 95118 34%Benchmark 30%
State income tax1–13.3%
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