ZIP 95134
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12-month history
Last updated: October 17, 2026
What the numbers show
January. Asking rents in ZIP 95134 usually run 2.8% below trend in January and 3.1% above it in August, about $234 a month apart at today's median. Based on 8 years of data.
Rent in ZIP 95134 is at its highest level since Zillow's records here began in February 2018.
Rent in ZIP 95134 changed +11.0% over the year to September 2026. Across the 819 California ZIP codes Zillow tracks, the typical change was +3.2%.
From 2019 to 2024, rent in ZIP 95134 rose 11.6% while median household income rose 35.6% ($150,131 to $203,649). Income kept ahead of rent.
Rent in ZIP 95134 is 27.6% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent has risen 21 months in a row, and rose in 12 of the last 12 months.
30% of the median household income ($203,649) is $5,091 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($4,740); a 3-bedroom is $6,260.
18th cheapest of 25 ZIP codes in San Jose.
ZIP 94538, 5 miles away, rents for 17% less ($3,296/mo), about $8,000 a year in savings.
From Zillow's monthly rent index (ZORI) for ZIP 95134. 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 95134 (San Jose, CA) is majority renter-occupied, skews toward younger working-age adults, has a median income above the national average, 76.4% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How ZIP 95134 in San Jose, CA has changed in 5 years
Across the past five years, the going rent in ZIP 95134 in San Jose, CA has shifted from $2,783 to $3,962, up 42.4% since 2021. Census figures show median household income at $203,649 today, compared with $166,828 five years earlier. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 95134 in San Jose, CA losing about 701 residents over the five-year window, down 2.2% on net. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.
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Tips for renters in ZIP 95134
Last updated: October 17, 2026
ZIP code 95134 covers San Jose, CA. The median rent here is $3,962/mo as of October 2026. A 1-bedroom rents for a median of $4,060/mo. A 2-bedroom rents for a median of $4,740/mo.
At 23% of local median household income ($203,649/yr), ZIP 95134 ranks as affordable compared to the national benchmark of 30%. Rents have increased 11.0% over the past year.
Frequently asked questions
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How does ZIP 95134 compare to the rest of San Jose?
At $3,962/mo, rent takes ~23% of ZIP 95134's median household income ($203,649/yr). The standard benchmark is 30%.
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