Rental market · ZIP 94720 · Berkeley, CA

ZIP 94720, Berkeley, CA rental market

Population 5,763 · Berkeley, Alameda County, CA · ZIP Code Tabulation Area

Profile · ACS 2024 5-year

Not ranked

The survey value/rent margins of error are too wide (> 40%) to rank this area confidently.

It stays searchable; available government estimates remain below (data tier: Profile).

Key metrics

5,763
Population ±12%
$507,800
Median home value (ACS, owner-reported) ±52%
$3,501
Median gross rent (ACS, incl. utilities)
8.3%
Survey gross-rent yield (proxy)
33.7%
Rental vacancy
75.2%
Renter share
1.9%
Estimated property-tax burden
1949
Median year built ±2%
70.6%
Multifamily (5+ units)

Data vintage: ACS 2024 5-year · every figure is an ACS survey estimate with a margin of error (shown per card).

Market context

Trend context

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View source data

Each point is one ACS 5-year estimate on the same 2020-Census ZCTA boundary. Adjacent releases overlap, so the release-to-release differences are not independent annual market movement.

ACS estimates by release; ± is the margin of error.
Series2017–20212018–20222019–20232020–2024
Median home value B25077$1,337,500 ±$672,463$507,800 ±$264,490
Median gross rent B25064$2,031 ±$308$1,917 ±$1,238$3,501$3,501
Population B010036,467 ±1,4975,322 ±9245,649 ±8095,763 ±717

ACS 2021 release

2017-2021 five-year estimate

Median home value B25077
$1,337,500Margin of error ±$672,463
Median gross rent B25064
$2,031Margin of error ±$308
Population B01003
6,467Margin of error ±1,497

ACS 2022 release

2018-2022 five-year estimate

Median home value B25077
Margin of error not available
Median gross rent B25064
$1,917Margin of error ±$1,238
Population B01003
5,322Margin of error ±924

ACS 2023 release

2019-2023 five-year estimate

Median home value B25077
Margin of error not available
Median gross rent B25064
$3,501Margin of error not available
Population B01003
5,649Margin of error ±809

ACS 2024 release

2020-2024 five-year estimate

Median home value B25077
$507,800Margin of error ±$264,490
Median gross rent B25064
$3,501Margin of error not available
Population B01003
5,763Margin of error ±717

Source: U.S. Census Bureau, American Community Survey 5-year, table-based Summary File (ZCTA geography); tables B25077 (median value), B25064 (median gross rent), and B01003 (population); estimate + margin of error. Missing releases remain gaps and are never interpolated. Home value is owner-reported; gross rent describes renter housing stock; population is a ZCTA estimate. Dollar figures are nominal.

Underwrite with these as starting points

Opening a calculator pre-loads the ACS median owner value and median gross rent as a survey-level starting point; every calculator input is editable. Owner-occupied median value and renter median gross rent describe different housing stock: the median-valued home is not the typical rental, so this is a screen, not a listing, appraisal, asking rent, cap rate, or forecast. Bring your own entry price and rent.

ZIP Codes bordering 94720

4 ZIP Code areas share a land boundary with 94720 in the official Census 2020 ZCTA map, ordered by shared-boundary length, not ZIP-number proximity or driving distance. 4 of them are in CE's ranked set and linked below; the rest are searchable from the ZIP Code explorer. No score or rank is shown here: open a profile for its own numbers.

Evidence, sources & limitations

Official geography: Berkeley city, Alameda County. Analytical entity: the U.S. Census ZIP Code Tabulation Area (ZCTA) 94720, an approximation of the USPS ZIP delivery area, not its exact route boundaries. Model z2-gov-subscores-v1; data ACS 2024 5-year.

This ZIP Code area is primarily in Alameda County, overlapping Berkeley and other places, by land-area overlap from the official Census 2020 ZCTA relationship files (not population or address share).

Populationsurvey ACS B01003 · ±12% MOE
Median home value (ACS, owner-reported)survey ACS B25077 · ±52% MOE
Median gross rent (ACS, incl. utilities)survey ACS B25064
Survey gross-rent yield (proxy)derived 12 * ACS B25064 / B25077
Rental vacancyderived ACS B25004 E002 / (B25003 E003 + B25004 E002)
Renter sharederived ACS B25003 E003/E001
Estimated property-tax burdenderived ACS B25103 / B25077
Median year builtsurvey ACS B25035 · ±2% MOE
Multifamily (5+ units)derived ACS B25024 (5+ unit structures / total)

Class: survey = ACS estimate (with margin of error); derived = computed from ACS. The survey gross-rent yield is a proxy (renter gross rent vs owner-occupied value, different housing stock; ACS top-codes very high values/rents) and is not a cap rate. Subscores are national percentiles among data-eligible areas; ranks are competition-ranked with deterministic ties. No vendor, listing, parcel, or school data. Not investment advice.