ZIP Code · CA

ZIP 96150

Part of South Lake Tahoe, CA

Pop. 29,646·El Dorado County·676th most expensive ZIP in California

Median rent (all units)

$2,377/mo

Year-over-Year

+6.3%

Month-over-Month

+0.6%

vs US Median

+$445

Reported rents

Rising (Monthly)

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Most AffordableMost Expensive

ZIP 96150 · $2,377

More expensive than 76% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$1,510

1 BR

$1,580

2 BR

$1,950

3 BR

$2,600

4 BR+

$2,990

Research median

$1,950/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

Cheapest month to sign

February. Asking rents in ZIP 96150 usually run 1.7% below trend in February and 1.9% above it in June, about $86 a month apart at today's median. Based on 5 years of data.

Compared with the peak

Rent in ZIP 96150 is 1% below its high of $2,400 in June 2026, at $2,377 as of September 2026.

Past year vs. the rest of California

Rent in ZIP 96150 changed +6.4% over the year to September 2026. Across the 819 California ZIP codes Zillow tracks, the typical change was +3.2%.

Recent direction

Rent has risen 2 months in a row, and rose in 11 of the last 12 months.

What a typical income covers

30% of the median household income ($92,517) is $2,313 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,950); a 3-bedroom is $2,600.

From Zillow's monthly rent index (ZORI) for ZIP 96150. 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.

Annual cost

$28,524/yr

At $2,377/mo median

Location

CitySouth Lake Tahoe

StateCA

CountyEl Dorado 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, +0.6% MoM), not inventory.

Demographics

Who lives here

ZIP 96150 (South Lake Tahoe, CA) is majority owner-occupied, has a median income above the national average, 40.4% of residents hold a bachelor's degree or higher.

Population

29,646

Median income

$92,517

Median age

42.4

Renters

38.8%

Age distribution

16.3%

21.2%

28.3%

14.4%

19.8%

Under 1816.3%

18–3421.2%

35–5428.3%

55–6414.4%

65+19.8%

Gender

50.1%

49.9%

Male50.1%

Female49.9%

Race & ethnicity

71%

21.4%

White71%

Black0.5%

Hispanic21.4%

Asian5.1%

Other2%

Education (25+)

19.2%

32.6%

40.4%

No HS diploma7.9%

HS diploma19.2%

Some college32.6%

Bachelor's+40.4%

Housing tenure

61.2%

38.8%

Owner61.2%

Renter38.8%

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

2021 vs 2026

How ZIP 96150 in South Lake Tahoe, CA has changed in 5 years

Rent

$1,895 → $2,377

up 25.4%

Income

$68,082 → $92,517

up 35.9%

Population

29,727 → 29,646

down 0.3%

Renter share

43.7% → 38.8%

-4.9 pts

Bachelor's+

34.4% → 40.4%

+6.0 pts

Median age

40.2 → 42.4

+2.2 yrs

Since 2021, the typical rent in ZIP 96150 in South Lake Tahoe, CA has climbed from $1,895 to $2,377, a 25.4% change over five years. Local incomes tracked alongside that move, going from a median of $68,082 in 2021 to $92,517 more recently. On paper, paychecks moved up faster than rent, which softens the affordability squeeze versus the 2021 baseline. Renters now make up 38.8% of households, compared with 43.7% five years ago. College-educated residents now make up 40.4% of adults here, versus 34.4% in 2021. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 96150 in South Lake Tahoe, CA market of 2021.

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About renting in ZIP 96150

Last updated: October 17, 2026

ZIP code 96150 covers South Lake Tahoe, CA. The median rent here is $2,377/mo as of October 2026. A 1-bedroom rents for a median of $1,580/mo. A 2-bedroom rents for a median of $1,950/mo.

At 31% of local median household income ($92,517/yr), ZIP 96150 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 income do you need to rent in ZIP 96150?

To keep rent at or below 30% of gross income, you would need to earn at least $95,000/year (about $46/hour full-time) to afford the median rent of $2,377/mo in ZIP 96150. The local median household income is $92,517/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 96150?

Rent in ZIP 96150 has risen 6.3% over the past year as of September 2026. It sits 1% below its high of $2,400 in June 2026.

When is the cheapest time to rent in ZIP 96150?

Asking rents in ZIP 96150 are usually lowest in February, about 1.7% below their yearly trend, and highest in June, about 1.9% above it. At today's median that is a gap of roughly $86 a month. This pattern comes from 5 years of Zillow rent data.

How does ZIP 96150 compare to other ZIPs in California?

ZIP 96150 is one of the more affordable among California ZIP codes for rent, ranking #676 of 898 at $2,377/mo. Over the year to September 2026, rent in ZIP 96150 changed +6.4%, against a typical +3.2% across the 819 California ZIP codes Zillow tracks.