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Rental Insights for ZIP Code 95121 (San Jose, CA)

Housing Rentals in ZIP Code 95121 (San Jose, CA)

95121 ZIP Code in California

An In-depth Dive Into Housing Rentals in ZIP Code 95121

The 95121 ZIP Code is primarily located in San Jose, CA in Santa Clara County. The median housing rent payment in this region of California is $2,113 per month. Approximately 26.5% of housing units in this Santa Clara County ZIP Code are renter-occupied, and the region has an estimated rental vacancy rate of 0.5%.

The median rent in ZIP Code 95121 of $2,113 per month is 41% higher than the aggregate California median monthly rent of $1,503, and is 99% higher than the $1,062 the median monthly rent in the U.S. overall. An estimated 23.5% of residents in ZIP Code 95121 pay between $2,000 and $2,499 per month for rent. That is 75% higher than in California overall, in which 13.4% of total state residents pay between $2,000 and $2,499 per month for housing. Just 2.5% of renters in ZIP Code 95121 pay less than $500 for monthly rent.

ZIP Code 95121 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 95121

See the chart below for a comparison of monthly rental costs in ZIP Code 95121, California, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 95121 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 95121

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

Cost ZIP 95121 California U.S.
Less than $500 2.5% 4.9% 9.4%
$500 to $999 13.2% 16.5% 36.2%
$1,000 to $1,499 12.6% 28.6% 30.0%
$1,500 to $1,999 16.4% 23.2% 14.0%
$2,000 to $2,499 23.5% 13.4% 5.6%
$2,500 to $2,999 17.1% 6.9% 2.4%
$3,000 or more 14.6% 6.7% 2.4%

Rent Cost vs. Income in ZIP Code 95121

Renters in ZIP Code 95121 use an estimated 32.43% of their income to cover their monthly rent payments. That is about 4% higher 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 95121 renters use about 9% more of their income to cover rent expense. Household income figures for ZIP Code 95121 come in higher than in California as a whole. The median annual household income in ZIP Code 95121 of $106,394 sits approximately 41% higher than the overall California median income of $75,235 and approximately 69% higher than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 95121

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 95121, 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 95121 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 95121

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

Rent Cost as % of Income ZIP 95121 California U.S.
Less than 15.0 percent 8.2% 10.3% 13.1%
15.0 to 19.9 percent 12.7% 11.2% 12.9%
20.0 to 24.9 percent 11.2% 12.2% 12.9%
25.0 to 29.9 percent 9.0% 11.5% 11.6%
30.0 to 34.9 percent 6.4% 9.6% 9.1%
35.0 percent or more 52.5% 45.2% 40.5%

Household Income in ZIP Code 95121

See the table below for the regional comparison of annual household income in ZIP Code 95121.

Income ZIP 95121 California U.S.
Less than $10,000 3.3% 4.8% 6.0%
$10,000 to $14,999 2.8% 4.1% 4.3%
$15,000 to $24,999 4.6% 7.5% 8.9%
$25,000 to $34,999 4.9% 7.5% 8.9%
$35,000 to $49,999 7.8% 10.5% 12.3%
$50,000 to $74,999 11.2% 15.5% 17.2%
$75,000 to $99,999 12.6% 12.4% 12.7%
$100,000 to $149,999 20.4% 16.6% 15.1%
$150,000 to $199,999 13.6% 8.9% 6.8%
$200,000 or more 18.9% 12.2% 7.7%

Household Income in ZIP Code 95121

See the chart below for a comparison of annual household income figures in ZIP Code 95121, California, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 95121 alongside the same figures for the state of California and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 95121

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 95121.

ZIP 95121 California U.S.
Median Housing Rent $2,113 $1,503 $1,062
Renter-Occupied Housing Units 26.5% 45.2% 36.0%
Rental Vacancy Rate 0.5% 3.6% 6.0%
Average Size of Renter-Occupied Unit 3.92 2.88 2.49
Average # of Bedrooms Per Unit 3.29 2.63 2.75
Percent of Income Spent on Rent 32.43% 31.23% 29.83%
Per Capita Income $35,138 $36,955 $34,103
Median Household Income $128,274 $106,916 $88,607
Living Below the Poverty Line 7.6% 9.6% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 95121

In ZIP Code 95121 (San Jose, CA), and estimated 26.5% of housing units are occupied by renters. This region has an approximate rental vacany rate of 0.5%.

The per capita income in 95121 is estimated at $35,138, which goes along with an estimated median household income of $128,274. About 7.6% of residents in this Santa Clara County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 3.92 occupants, while the units have an aggregate average size of 3.29 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 32.43% of their income on housing rental costs.

Rental FAQs for ZIP Code 95121

1

What is the median monthly rent in ZIP Code 95121?

Median rent for housing in ZIP Code 95121 in Santa Clara County in California is approximately $2,113 per month.
2

Is it expensive to rent in ZIP Code 95121?

Rent in ZIP Code 95121 is higher than average in the state of California overall. The median monthly rent of $2,113 in ZIP Code 95121 is approximately 41% higher than the California median of $1,503. Additionally, median rent in this San Jose, CA region ($2,113) is about 99% higher than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 95121?

High-priced rentals are more common in ZIP Code 95121 than in California overall. The percentage of rentals in ZIP Code 95121 that cost $3,000 or more per month (14.6%) is about 118% higher than the California rate of 6.7% that cost that much. Additionally, the overall U.S. rate of 2.4% paying $3,000 or more per month is about 508% lower than the aforementioned 95121 rate of 14.6%.
4

Are affordable rentals common in ZIP Code 95121?

Affordable rentals are less common in ZIP Code 95121 than in California overall. The percentage of housing rentals in ZIP Code 95121 costing $999 or less per month (15.7%) is approximately 27% 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 66% higher than the previously mentioned 95121 rate of 15.7%.
5

What is the most common cost range that rentals fall into in ZIP Code 95121?

The most common range for rental cost in ZIP Code 95121 is between $2,000 and $2,499 per month. About 23.5% of renters in 95121 pay in this range for monthly rent. In comparison, approximately 13.4% of renters in the state of California fall in the between $2,000 and $2,499 range, and 5.6% of overall U.S. renters fall in this range.
6

Does ZIP Code 95121 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 95121 is lower than the rental vacancy rate in the state of California overall. Rental vacancy of 0.5% in ZIP Code 95121 is about 86% lower than the California rate of 3.6%. Looking more broadly, rental vacancy in this San Jose, CA region (0.5%) is an estimated 92% lower than the estimated rental vacancy rate of 6.0% in the U.S. overall.
7

What is the average household income in ZIP Code 95121? How does it compare to other California regions?

Median household income in ZIP Code 95121 is higher than in the state of California overall. Annual household income of $106,394 in ZIP Code 95121 is about 41% higher than the California median of $75,235. Additionally, median household income in this San Jose, CA region ($106,394) is approximately 69% 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 95121 spend on housing costs?

Renters in ZIP Code 95121 spend a higher amount of their income on rent costs than do renters in California overall. Renters in ZIP Code 95121 spend an estimated 32.43% of their income on rent payments, which is about 4% higher 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% lower than the ZIP Code 95121 estimated rate of 32.43%.
9

Do renters in ZIP Code 95121 typically spend a large portion of their income on rent payments?

It is common for renters in ZIP Code 95121 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 95121 spending 30 percent or more of their income on rent costs (58.9%) is approximately 7% higher 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 19% lower than the aforementioned 95121 rate of 58.9%.
10

What is the average household size of renter-occupied units in ZIP Code 95121?

The average household size of renter-occupied units in ZIP Code 95121 is higher than in the state of California overall. Annual household size of 3.92 in ZIP Code 95121 is about 36% higher than the California median of 2.88. Additionally, median household size in this San Jose, CA region (3.92) is approximately 57% higher than median household size of 2.49 in the U.S. as a whole.

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