Rental market · ZIP 95134 · San Jose, CA

ZIP 95134, San Jose, CA rental market

Population 30,471 · San Jose, Santa Clara County, CA · ZIP Code Tabulation Area

Profile · ACS 2024 5-year

Not ranked

A survey home value and gross rent are not both available, so the affordability/yield inputs cannot be formed.

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

Key metrics

30,471
Population ±7%
$3,304
Median gross rent (ACS, incl. utilities) ±2%
$203,649
Median household income ±7%
3.7%
Rental vacancy
86.2%
Renter share
2008
Median year built ±0%
89.0%
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

Loading home value context…

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$379,800 ±$303,913$380,900 ±$275,704$371,200 ±$246,284
Median gross rent B25064$3,057 ±$51$3,233 ±$48$3,272 ±$67$3,304 ±$51
Population B0100331,172 ±2,05230,916 ±2,00630,255 ±2,08530,471 ±2,090

ACS 2021 release

2017-2021 five-year estimate

Median home value B25077
$379,800Margin of error ±$303,913
Median gross rent B25064
$3,057Margin of error ±$51
Population B01003
31,172Margin of error ±2,052

ACS 2022 release

2018-2022 five-year estimate

Median home value B25077
$380,900Margin of error ±$275,704
Median gross rent B25064
$3,233Margin of error ±$48
Population B01003
30,916Margin of error ±2,006

ACS 2023 release

2019-2023 five-year estimate

Median home value B25077
$371,200Margin of error ±$246,284
Median gross rent B25064
$3,272Margin of error ±$67
Population B01003
30,255Margin of error ±2,085

ACS 2024 release

2020-2024 five-year estimate

Median home value B25077
Margin of error not available
Median gross rent B25064
$3,304Margin of error ±$51
Population B01003
30,471Margin of error ±2,090

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.

Measured market data

Measured observations for this ZIP Code, published beside the government survey figures above rather than replacing them. They measure different things and will legitimately disagree: the ACS median home value is what owners report their home is worth in a 5-year survey, while ZHVI is a monthly index of typical home value; ACS median gross rent is what sitting tenants pay including utilities, while ZORI is an index of asking rent on newly listed units. ZORI does not correct the ACS rent; neither is a better version of the other. Monthly series, revised in recent months, observed 2026-07, not live.

Zillow Home Value Index (ZHVI, mid tier)$1,038,011
ZHVI bottom tier (5th–35th pct)$747,158
ZHVI top tier (65th–95th pct)$1,402,186
Zillow asking-rent index (ZORI)$3,792/mo
Measured gross yield (ZORI × 12 ÷ ZHVI)4.38%
Market heat index56
For-sale inventory8
Measured 3-yr value growth0.95%/yr
Measured 5-yr value growth1.18%/yr
Measured 10-yr value growth3.83%/yr
Measured 3-yr rent growth5.13%/yr
Price–rent divergence (value − rent growth)-4.19%/yr
ZHVI, 1-bedroom$667,542
ZHVI, 2-bedroom$921,735
ZHVI, 3-bedroom$1,359,112

Source: Zillow Economic Research public research data, observation month 2026-07. Zillow keys on USPS ZIP codes; this page is a 2020 Census ZCTA, related but not identical geographies, so a Zillow value is matched to this ZCTA by code and is not a statement that the two areas are the same. Zillow is not affiliated with, and does not endorse, Compounding Estates.

Underwrite with these as starting points

No ACS median value is published for this area, so nothing is pre-filled; 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 95134

5 ZIP Code areas share a land boundary with 95134 in the official Census 2020 ZCTA map, ordered by shared-boundary length, not ZIP-number proximity or driving distance. 5 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: San Jose city, Santa Clara County. Analytical entity: the U.S. Census ZIP Code Tabulation Area (ZCTA) 95134, 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 Santa Clara County, overlapping San Jose and other places, by land-area overlap from the official Census 2020 ZCTA relationship files (not population or address share).

Populationsurvey ACS B01003 · ±7% MOE
Median gross rent (ACS, incl. utilities)survey ACS B25064 · ±2% MOE
Median household incomesurvey ACS B19013 · ±7% MOE
Rental vacancyderived ACS B25004 E002 / (B25003 E003 + B25004 E002)
Renter sharederived ACS B25003 E003/E001
Median year builtsurvey ACS B25035 · ±0% 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.