ZIP Code · CA

ZIP 95348

Part of Merced, CA
Pop. 37,540·Merced County·806th most expensive ZIP in California
Median rent (all units)
$2,011/mo
Year-over-Year
+6.3%
Month-over-Month
+3.6%
vs US Median
+$46
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 95348 · $2,011
More expensive than 61% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,370
1 BR
$1,480
2 BR
$1,840
3 BR
$2,530
4 BR+
$3,060
Research median
$1,840/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
$24,132/yr
At $2,011/mo median
Location
CityMerced
StateCA
CountyMerced County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 6.3% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+6.3% YoY, +3.6% MoM), not inventory.
Demographics

Who lives here

ZIP 95348 (Merced, CA) is roughly split between renters and owners, skews toward younger working-age adults, has a median income below the national average, 23.4% of residents hold a bachelor's degree or higher.

Population
37,540
Median income
$64,944
Median age
31.2
Renters
48.7%
Age distribution
26.7%
30.8%
22.4%
Under 1826.7%
18–3430.8%
35–5422.4%
55–649.9%
65+10.2%
Gender
50.2%
49.8%
Male50.2%
Female49.8%
Race & ethnicity
29.8%
50.7%
15.6%
White29.8%
Black6.6%
Hispanic50.7%
Asian15.6%
Education (25+)
18.5%
28.4%
29.7%
23.4%
No HS diploma18.5%
HS diploma28.4%
Some college29.7%
Bachelor's+23.4%
Housing tenure
51.3%
48.7%
Owner51.3%
Renter48.7%

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

2021 vs 2026

How ZIP 95348 in Merced, CA has changed in 5 years

Income
$53,557 → $64,944
up 21.3%
Population
34,489 → 37,540
up 8.8%
Renter share
60.8% → 48.7%
-12.1 pts
Bachelor's+
17.6% → 23.4%
+5.8 pts
Median age
30.1 → 31.2
+1.1 yrs

On the earnings side, the typical household in ZIP 95348 in Merced, CA now reports about $64,944, up from $53,557 in 2021. Headcount in the area went from 34,489 to 37,540 between 2021 and 2024, a 8.8% change. About 48.7% of households rent today, against 60.8% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 17.6% to 23.4%.

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Local insights

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About renting in ZIP 95348

Last updated: July 20, 2026

ZIP code 95348 covers Merced, CA. The median rent here is $2,011/mo as of July 2026. A 1-bedroom rents for a median of $1,480/mo. A 2-bedroom rents for a median of $1,840/mo.

At 37% of local median household income ($64,944/yr), ZIP 95348 ranks as moderate compared to the national benchmark of 30%. Rents have increased 6.3% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 95348?

As of July 20, 2026, the median monthly rent in ZIP 95348 (Merced, CA) is $2,011. This is based on aggregated data from public sources and community submissions.

How does ZIP 95348 rent compare to the US average?

ZIP 95348's median rent of $2,011/mo is $46 (2%) above the US national median of $1,965/mo.

How does ZIP 95348 compare to other ZIPs in California?

ZIP 95348 is among the more affordable ZIP codes in California, ranking #806 out of 907 ZIPs at $2,011/mo.

How much income do you need to rent in ZIP 95348?

To keep rent at or below 30% of gross income, you would need to earn at least $80,000/year (~$38/hour full-time) to afford the median rent of $2,011/mo in ZIP 95348. The local median household income is $64,944/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 95348?

Rent in ZIP 95348 has increased 6.3% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 95348 an affordable place to rent?

ZIP 95348 is considered moderate for renters. At $2,011/mo, rent takes approximately 37% of the local median household income ($64,944/yr). The standard benchmark is 30%. ZIP 95348 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 95348 residents rent vs. own?

According to Census data, approximately 48.7% of ZIP 95348 households are renters, while 51.3% are owner-occupied. ZIP 95348 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 95348 compare to the rest of Merced?

ZIP 95348 is pricier than Merced as a whole. At $2,011/mo, it's $47 above the Merced citywide median of $1,964/mo.

When was rent data for ZIP 95348 last updated?

Rent data for ZIP 95348 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
37%
MODERATE

At $2,011/mo, rent takes ~37% of ZIP 95348's median household income ($64,944/yr). The standard benchmark is 30%.

ZIP 95348 37%Benchmark 30%
State income tax1–13.3%
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Schools nearby

Public schools near ZIP 95348 (Merced, CA)

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