ZIP Code · CA

ZIP 95341

Part of Merced, CA

Pop. 36,385·Merced County·806th most expensive ZIP in California

Median rent (all units)

$1,995/mo

Year-over-Year

+3.3%

Month-over-Month

-0.6%

vs US Median

+$63

Reported rents

Falling (Monthly)

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Most AffordableMost Expensive

ZIP 95341 · $1,995

More expensive than 61% of US ZIP codes · National median $1,932/mo

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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$1,080

1 BR

$1,170

2 BR

$1,450

3 BR

$1,990

4 BR+

$2,410

Research median

$1,450/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 95341 is 1.4% below its high of $2,023 in June 2026, at $1,995 as of September 2026.

Past year vs. the rest of California

Rent in ZIP 95341 changed +3.3% 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 ($57,342) is $1,434 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($1,170); a 2-bedroom is $1,450.

Rank in Merced

2nd cheapest of 3 ZIP codes in Merced.

Cheaper nearby

ZIP 95340, 9 miles away, rents for 15% less ($1,690/mo), about $3,700 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 95341. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$23,940/yr

At $1,995/mo median

Location

CityMerced

StateCA

CountyMerced County

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (3.3% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+3.3% YoY, -0.6% MoM), not inventory.

Demographics

Who lives here

ZIP 95341 (Merced, CA) is majority renter-occupied, has a large share of families with children, has a median income below the national average, 9.3% of residents hold a bachelor's degree or higher.

Population

36,385

Median income

$57,342

Median age

26.6

Renters

61.5%

Age distribution

36.4%

25.2%

23.3%

Under 1836.4%

18–3425.2%

35–5423.3%

55–646.9%

65+8.2%

Gender

50.6%

49.4%

Male50.6%

Female49.4%

Race & ethnicity

19.8%

75.7%

White19.8%

Black4.2%

Hispanic75.7%

Asian6.9%

Education (25+)

39.1%

26.6%

25%

No HS diploma39.1%

HS diploma26.6%

Some college25%

Bachelor's+9.3%

Housing tenure

38.5%

61.5%

Owner38.5%

Renter61.5%

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

2021 vs 2026

How ZIP 95341 in Merced, CA has changed in 5 years

Income

$46,760 → $57,342

up 22.6%

Population

34,045 → 36,385

up 6.9%

Renter share

58.6% → 61.5%

+2.9 pts

Bachelor's+

6.9% → 9.3%

+2.4 pts

Local incomes tracked alongside that move, going from a median of $46,760 in 2021 to $57,342 more recently. The population has grown by 6.9% since 2021, moving from about 34,045 residents to roughly 36,385. Renters now make up 61.5% of households, compared with 58.6% five years ago. College-educated residents now make up 9.3% of adults here, versus 6.9% in 2021.

Community

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Local insights

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About renting in ZIP 95341

Last updated: October 17, 2026

ZIP code 95341 covers Merced, CA. The median rent here is $1,995/mo as of October 2026. A 1-bedroom rents for a median of $1,170/mo. A 2-bedroom rents for a median of $1,450/mo.

At 42% of local median household income ($57,342/yr), ZIP 95341 ranks as moderate compared to the national benchmark of 30%. Rents have increased 3.3% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 95341?

To keep rent at or below 30% of gross income, you would need to earn at least $80,000/year (about $38/hour full-time) to afford the median rent of $1,995/mo in ZIP 95341. The local median household income is $57,342/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 95341?

Rent in ZIP 95341 has risen 3.3% over the past year as of September 2026. It sits 1.4% below its high of $2,023 in June 2026.

How does ZIP 95341 compare to other ZIPs in California?

ZIP 95341 is one of the more affordable among California ZIP codes for rent, ranking #806 of 898 at $1,995/mo. Over the year to September 2026, rent in ZIP 95341 changed +3.3%, against a typical +3.2% across the 819 California ZIP codes Zillow tracks.