San Francisco-Oakland-Berkeley, CA · California

Alameda County

ZIP 94704

1.7M residents2,545 permits TTM$126,240 median HHI49 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$1,057,400

ACS 5-Year

Cap rate proxy

2.6%

FMR × 0.65 ÷ Home Value

Rent-to-income

22.0%

HUD FMR ÷ ACS HHI

Net migration

+2.44%

IRS SOI

Permits (TTM)

2,545

Census BPS

Climate risk

99.8

FEMA NRI (0–100)

ZIP 94704

Median home value

Gross yield

Buy Box score

0.1

Section 8 gap

Affordability

P/I: 8.8R/I: 30.5%

Section 8 detail

SAFMR: Rent: Gap:
ZIP code breakdown49 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldCap rateRent gap
946216.7%
946126.0%
946075.8%
946035.8%
946085.6%
946064.8%
945804.6%
946054.3%
946014.1%
945413.9%
945783.9%
947103.8%
945443.8%
945513.8%
95391$1,057,400$2,6103.0%3.7%-10.4%
946093.6%
945773.5%
947043.5%
945453.5%
946023.4%
946193.4%
945793.3%
945603.3%
945463.1%
945682.9%
947092.8%
947022.8%
945012.8%
94550$1,057,400$3,3003.7%2.8%15.3%
945382.6%
94613county est.2.6%
94720county est.2.6%
947062.6%
947032.6%
945362.5%
945552.5%
945872.5%
945022.4%
945422.3%
945882.3%
946112.3%
946102.3%
945662.2%
945392.2%
946182.1%
947072.0%
945522.0%
947052.0%
945861.9%

Sort by any column. Click a ZIP for detail. Rent gap: green = HUD FMR above market rent.

Demographics

Owner-occupied

54.1%

Census ACS

Vacancy rate

6.0%

Census ACS

Bachelor's degree +

51.5%

Census ACS

Rent burdened

47.7%

Census ACS (>30% income)

Median age

38.7

Census ACS

Data sources
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026