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Rental Insights for ZIP Code 94586 (Sunol, CA)

Housing Rentals in ZIP Code 94586 (Sunol, CA)

94586 ZIP Code in California

An In-depth Dive Into Housing Rentals in ZIP Code 94586

The 94586 ZIP Code is primarily located in Sunol, CA in Alameda County. This California region has an estimated median housing rent of $1,606 per month. About 21.3% of total housing units in this Alameda County ZIP Code are occupied by renters, while the estimated rental vacancy rate is 8.5%.

The median rent in ZIP Code 94586 of $1,606 per month is 7% higher than the aggregate California median monthly rent of $1,503, and is 51% higher than the $1,062 the median monthly rent in the U.S. overall. In ZIP Code 94586, approximately 40.0% of residents pay between $1,500 and $1,999 per month for rent. That is 72% higher than in California overall, in which 23.2% of total state residents pay between $1,500 and $1,999 per month for housing. Just 7.7% of ZIP Code 94586 renters pay between $2,000 and $2,499 for monthly rent.

ZIP Code 94586 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 94586

See the chart below for a comparison of monthly rental costs in ZIP Code 94586, California, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 94586 along with those in the state of California and the U.S. overall. For example, what percentage of renters pay between $1,000 and $1,499 monthly.

Rental Cost in ZIP Code 94586

See the table below for the regional comparison of monthly rental costs.

Cost ZIP 94586 California U.S.
Less than $500 0.0% 4.9% 9.4%
$500 to $999 16.9% 16.5% 36.2%
$1,000 to $1,499 24.6% 28.6% 30.0%
$1,500 to $1,999 40.0% 23.2% 14.0%
$2,000 to $2,499 7.7% 13.4% 5.6%
$2,500 to $2,999 10.8% 6.9% 2.4%
$3,000 or more 0.0% 6.7% 2.4%

Rent Cost vs. Income in ZIP Code 94586

Renters in ZIP Code 94586 use an estimated 27.24% of their income to cover their monthly rent payments. That is about 13% lower than in California overall. The estimate for California overall is 31.23% of income used for housing rent payments. In comparison to the U.S. as a whole, ZIP Code 94586 renters use about 9% less of their income to cover rent expense. Household income figures for ZIP Code 94586 come in higher than in California as a whole. The median annual household income in ZIP Code 94586 of $133,125 sits approximately 77% higher than the overall California median income of $75,235 and approximately 112% higher than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 94586

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 94586, California, and also in the U.S. as a whole.

This chart visualizes monthly rent cost as a percentage of household income in ZIP Code 94586 along with the same calculations in the state of California and the U.S. overall. For example, what percentage of renters pay 15.0 to 19.9 percent of the monthly household income toward rent.

Rent as a Percentage of Income in ZIP Code 94586

See the table below for the regional comparison of monthly rent as a percentage of household income.

Rent Cost as % of Income ZIP 94586 California U.S.
Less than 15.0 percent 16.9% 10.3% 13.1%
15.0 to 19.9 percent 18.5% 11.2% 12.9%
20.0 to 24.9 percent 9.2% 12.2% 12.9%
25.0 to 29.9 percent 7.7% 11.5% 11.6%
30.0 to 34.9 percent 21.5% 9.6% 9.1%
35.0 percent or more 26.2% 45.2% 40.5%

Household Income in ZIP Code 94586

See the table below for the regional comparison of annual household income in ZIP Code 94586.

Income ZIP 94586 California U.S.
Less than $10,000 2.6% 4.8% 6.0%
$10,000 to $14,999 0.7% 4.1% 4.3%
$15,000 to $24,999 1.3% 7.5% 8.9%
$25,000 to $34,999 3.3% 7.5% 8.9%
$35,000 to $49,999 3.9% 10.5% 12.3%
$50,000 to $74,999 11.8% 15.5% 17.2%
$75,000 to $99,999 8.9% 12.4% 12.7%
$100,000 to $149,999 21.3% 16.6% 15.1%
$150,000 to $199,999 15.1% 8.9% 6.8%
$200,000 or more 31.1% 12.2% 7.7%

Household Income in ZIP Code 94586

See the chart below for a comparison of annual household income figures in ZIP Code 94586, California, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 94586 alongside the same figures for the state of California and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 94586

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 94586.

ZIP 94586 California U.S.
Median Housing Rent $1,606 $1,503 $1,062
Renter-Occupied Housing Units 21.3% 45.2% 36.0%
Rental Vacancy Rate 8.5% 3.6% 6.0%
Average Size of Renter-Occupied Unit 3.03 2.88 2.49
Average # of Bedrooms Per Unit 3.14 2.63 2.75
Percent of Income Spent on Rent 27.24% 31.23% 29.83%
Per Capita Income $81,007 $36,955 $34,103
Median Household Income $217,712 $106,916 $88,607
Living Below the Poverty Line 4.3% 9.6% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 94586

In ZIP Code 94586 (Sunol, CA), and estimated 21.3% of housing units are occupied by renters. This region has an approximate rental vacany rate of 8.5%.

The per capita income in 94586 is estimated at $81,007, which goes along with an estimated median household income of $217,712. About 4.3% of residents in this Alameda County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 3.03 occupants, while the units have an aggregate average size of 3.14 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 27.24% of their income on housing rental costs.

Rental FAQs for ZIP Code 94586

1

What is the median monthly rent in ZIP Code 94586?

Median rent for housing in ZIP Code 94586 in Alameda County in California is approximately $1,606 per month.
2

Is it expensive to rent in ZIP Code 94586?

Rent in ZIP Code 94586 is higher than average in the state of California overall. The median monthly rent of $1,606 in ZIP Code 94586 is approximately 7% higher than the California median of $1,503. Additionally, median rent in this Sunol, CA region ($1,606) is about 51% higher than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 94586?

High-priced rentals are not common in the Sunol, CA ZIP Code of 94586, as the region has no rentals costing $3,000 or more per month. In contrast, in the state of California overall, approximately 6.7% of rentals fall in this upper tier of $3,000 or more per month.
4

Are affordable rentals common in ZIP Code 94586?

Affordable rentals are less common in ZIP Code 94586 than in California overall. The percentage of housing rentals in ZIP Code 94586 costing $999 or less per month (16.9%) is approximately 21% lower than the California rate of 21.4% that fall in that range. In addition, the aggregate U.S. rate of 45.6% paying $999 or less per month is about 63% higher than the previously mentioned 94586 rate of 16.9%.
5

What is the most common cost range that rentals fall into in ZIP Code 94586?

The most common range for rental cost in ZIP Code 94586 is between $1,500 and $1,999 per month. About 40.0% of renters in 94586 pay in this range for monthly rent. In comparison, approximately 23.2% of renters in the state of California fall in the between $1,500 and $1,999 range, and 14.0% of overall U.S. renters fall in this range.
6

Does ZIP Code 94586 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 94586 is higher than the rental vacancy rate in the state of California overall. Rental vacancy of 8.5% in ZIP Code 94586 is about 136% higher than the California rate of 3.6%. Looking more broadly, rental vacancy in this Sunol, CA region (8.5%) is an estimated 42% higher than the estimated rental vacancy rate of 6.0% in the U.S. overall.
7

What is the average household income in ZIP Code 94586? How does it compare to other California regions?

Median household income in ZIP Code 94586 is higher than in the state of California overall. Annual household income of $133,125 in ZIP Code 94586 is about 77% higher than the California median of $75,235. Additionally, median household income in this Sunol, CA region ($133,125) is approximately 112% higher than median household income of $62,843 in the U.S. as a whole.
8

How much of their income do renters in ZIP Code 94586 spend on housing costs?

Renters in ZIP Code 94586 spend a lower amount of their income on rent costs than do renters in California overall. Renters in ZIP Code 94586 spend an estimated 27.24% of their income on rent payments, which is about 13% lower than the overall California estimated rate of 31.23%. In addition, the aggregate U.S. estimated rate of 29.83% of income spent on housing rental costs is about 9% higher than the ZIP Code 94586 estimated rate of 27.24%.
9

Do renters in ZIP Code 94586 typically spend a large portion of their income on rent payments?

It is uncommon for renters in ZIP Code 94586 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 94586 spending 30 percent or more of their income on rent costs (47.7%) is approximately 13% lower than the California rate of 54.8% that spend that much. In addition, the overall U.S. rate of 49.6% paying 30 percent or more of their income on rent costs is about 4% higher than the aforementioned 94586 rate of 47.7%.
10

What is the average household size of renter-occupied units in ZIP Code 94586?

The average household size of renter-occupied units in ZIP Code 94586 is higher than in the state of California overall. Annual household size of 3.03 in ZIP Code 94586 is about 5% higher than the California median of 2.88. Additionally, median household size in this Sunol, CA region (3.03) is approximately 22% higher than median household size of 2.49 in the U.S. as a whole.

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