San Jose-Sunnyvale-Santa Clara, CA · California

Santa Clara County

ZIP 95121

1.9M residents6,200 permits TTM$159,674 median HHI58 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$1,382,800

ACS 5-Year

Cap rate proxy

3.0%

FMR × 0.65 ÷ Home Value

Rent-to-income

21.1%

HUD FMR ÷ ACS HHI

Net migration

+2.19%

IRS SOI

Permits (TTM)

6,200

Census BPS

Climate risk

99.7

FEMA NRI (0–100)

ZIP 95121

Median home value

$1,382,800

Gross yield

3.1%

Buy Box score

0.1

Section 8 gap

27.2%

Affordability

P/I: 7.9R/I: 21.6%

Section 8 detail

SAFMR: $3,580Rent: $2,814Gap: 27.2%
ZIP code breakdown58 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldBuy Box scoreSection 8 gap
95113$1,382,800$3,7903.3%0.834.7%
95139$1,382,800$4,2903.7%0.352.5%
95134$1,382,800$4,7404.1%0.368.4%
95110$1,382,800$3,2402.8%0.315.1%
95116$1,382,800$2,8202.4%0.20.2%
95119$1,382,800$3,5603.1%0.226.5%
95112$1,382,800$3,0602.7%0.18.7%
95122$1,382,800$2,8202.4%0.10.2%
95127$1,382,800$3,0002.6%0.16.6%
95054$1,382,800$4,4303.8%0.157.4%
95133$1,382,800$3,1202.7%0.110.9%
95020$1,382,800$2,7502.4%0.1-2.3%
95126$1,382,800$3,4003.0%0.120.8%
95131$1,382,800$3,8203.3%0.135.7%
95111$1,382,800$2,5402.2%0.1-9.7%
95121$1,382,800$3,5803.1%0.127.2%
94089$1,382,800$4,1803.6%0.148.5%
95148$1,382,800$4,0503.5%0.143.9%
94085$1,382,800$4,2203.7%0.150.0%
95123$1,382,800$3,5403.1%0.125.8%
95035$1,382,800$3,7903.3%0.134.7%
94043$1,382,800$3,8603.3%0.137.2%
95136$1,382,800$3,3702.9%0.119.8%
95046$1,382,800$2,8302.5%0.10.6%
95138$1,382,800$3,4603.0%0.123.0%
95037$1,382,800$2,8202.4%0.10.2%
95135$1,382,800$4,0403.5%0.143.6%
95128$1,382,800$3,4303.0%0.121.9%
95132$1,382,800$3,8703.4%0.137.5%
95050$1,382,800$3,3402.9%0.018.7%
95118$1,382,800$3,1302.7%0.011.2%
95051$1,382,800$3,9603.4%0.040.7%
94086$1,382,800$3,8703.4%0.037.5%
95124$1,382,800$3,6703.2%0.030.4%
95008$1,382,800$3,5303.1%0.025.4%
95117$1,382,800$3,1202.7%0.010.9%
95125$1,382,800$3,1602.7%0.012.3%
94041$1,382,800$3,8803.4%0.037.9%
94303$1,382,800$3,3002.9%0.017.3%
95120$1,382,800$3,5803.1%0.027.2%
95130$1,382,800$2,7702.4%0.0-1.6%
95032$1,382,800$3,7703.3%0.034.0%
94040$1,382,800$4,2503.7%0.051.0%
95129$1,382,800$3,5803.1%0.027.2%
94087$1,382,800$4,1103.6%0.046.1%
94304$1,382,800$4,2603.7%0.051.4%
95014$1,382,800$4,4403.9%0.057.8%
94306$1,382,800$3,7903.3%0.034.7%
95030$1,382,800$3,4703.0%0.023.3%
94305$1,382,800$2,5402.2%0.0-9.7%
95070$1,382,800$3,9403.4%0.040.0%
94301$1,382,800$3,9503.4%0.040.4%
94024$1,382,800$4,3403.8%0.054.2%
94022$1,382,800$4,1903.6%0.048.9%
95002$1,382,800$2,9902.6%6.3%
95013$1,382,800$3,4503.0%22.6%
95053$1,382,800$3,3402.9%18.7%
95140$1,382,800$3,3002.9%17.3%

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Demographics

Owner-occupied

55.3%

Census ACS

Vacancy rate

5.7%

Census ACS

Bachelor's degree +

55.9%

Census ACS

Rent burdened

42.9%

Census ACS (>30% income)

Median age

37.9

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