Rental numbers for Alameda County, CA
The typical home here runs -$4,789 a month at 7.78% with 25% down. 0 of 45 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 3.2%.
- Gross yield
- 3.4%
- typical home, Zillow
- Median ZIP yield
- 3.2%
- 45 ZIPs with full data
- Cash flow
- -$4,789/mo
- at 7.78%, 25% down
- Typical price
- $1,048,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $2,948/mo
- Zillow ZORI, Aug 2026
ZIP codes in Alameda County
47 with published figures
| 94621Oakland | $453,000 | $2,691 | 7.1% | 3.8% | -$991 | +4.0% |
| 94612Oakland | $528,000 | $3,079 | 7.0% | 3.8% | -$1,188 | +15.7% |
| 94607Oakland | $515,000 | $2,742 | 6.4% | 3.0% | -$1,466 | +12.4% |
| 94603Oakland | $504,000 | $2,557 | 6.1% | 3.1% | -$1,424 | +3.0% |
| 94608Emeryville | $601,000 | $2,981 | 5.9% | 2.9% | -$1,776 | +6.7% |
| 94579San Leandro | $842,000 | $3,600 | 5.1% | 2.5% | -$2,783 | n/a |
| 94601Oakland | $555,000 | $2,309 | 5.0% | 2.1% | -$2,010 | +6.7% |
| 94606Oakland | $594,000 | $2,455 | 5.0% | 2.2% | -$2,114 | +5.0% |
| 94605Oakland | $659,000 | $2,520 | 4.6% | 1.8% | -$2,573 | +3.9% |
| 94541Hayward | $766,000 | $2,655 | 4.2% | 1.7% | -$3,074 | +1.6% |
| 94619Oakland | $830,000 | $2,799 | 4.0% | 1.4% | -$3,527 | n/a |
| 94710Berkeley | $1,003,000 | $3,379 | 4.0% | 1.6% | -$4,085 | +4.7% |
| 94544Hayward | $807,000 | $2,692 | 4.0% | 1.7% | -$3,240 | +3.0% |
| 94580San Lorenzo | $801,000 | $2,645 | 4.0% | 1.6% | -$3,280 | n/a |
| 94551Livermore | $967,000 | $3,147 | 3.9% | 1.4% | -$4,085 | +2.6% |
| 94577San Leandro | $789,000 | $2,535 | 3.9% | 1.4% | -$3,334 | +7.9% |
| 94545Hayward | $879,000 | $2,803 | 3.8% | 1.5% | -$3,670 | +5.4% |
| 94578San Leandro | $769,000 | $2,421 | 3.8% | 1.3% | -$3,308 | +1.0% |
| 94560Newark | $1,187,000 | $3,675 | 3.7% | 1.4% | -$5,043 | +4.7% |
| 94502Alameda | $1,140,000 | $3,390* | 3.6% | 1.1% | -$5,088 | n/a |
| 94552Castro Valley | $1,371,000 | $4,039 | 3.5% | 1.2% | -$5,970 | n/a |
| 94609Oakland | $956,000 | $2,778 | 3.5% | 1.0% | -$4,342 | +10.2% |
| 94546Castro Valley | $1,007,000 | $2,788 | 3.3% | 1.0% | -$4,591 | +6.8% |
| 94602Oakland | $1,006,000 | $2,702 | 3.2% | 0.8% | -$4,731 | +6.6% |
| 94568Dublin | $1,232,000 | $3,299 | 3.2% | 0.9% | -$5,725 | +3.9% |
| 94555Fremont | $1,427,000 | $3,781 | 3.2% | 1.0% | -$6,507 | +3.3% |
| 94538Fremont | $1,269,000 | $3,242 | 3.1% | 0.8% | -$5,948 | +5.5% |
| 94501Alameda | $1,136,000 | $2,895 | 3.1% | 0.7% | -$5,446 | +6.3% |
| 94704Berkeley | $1,133,000 | $2,881 | 3.0% | 0.4% | -$5,711 | +3.5% |
| 94550Livermore | $1,200,000 | $3,040 | 3.0% | 0.7% | -$5,736 | +5.0% |
| 94587Union City | $1,199,000 | $2,945 | 2.9% | 0.7% | -$5,793 | +6.1% |
| 94536Fremont | $1,376,000 | $3,377 | 2.9% | 0.8% | -$6,468 | +4.7% |
| 94588Pleasanton | $1,361,000 | $3,136 | 2.8% | 0.6% | -$6,649 | +7.0% |
| 94586Sunol | $1,446,000 | $3,250* | 2.7% | 0.7% | -$6,997 | n/a |
| 94702Berkeley | $1,187,000 | $2,671 | 2.7% | 0.4% | -$6,028 | +0.7% |
| 94706Albany | $1,250,000 | $2,738 | 2.6% | 0.3% | -$6,417 | +5.1% |
| 94708Berkeley | $1,608,000 | $3,499 | 2.6% | 0.5% | -$7,951 | n/a |
| 94611Piedmont | $1,405,000 | $2,960 | 2.5% | 0.4% | -$7,082 | +11.8% |
| 94566Pleasanton | $1,656,000 | $3,463 | 2.5% | 0.5% | -$8,274 | +6.7% |
| 94703Berkeley | $1,270,000 | $2,564 | 2.4% | 0.3% | -$6,557 | +4.6% |
| 94542Hayward | $1,217,000 | $2,412 | 2.4% | 0.2% | -$6,389 | +4.1% |
| 94709Berkeley | $1,334,000 | $2,617 | 2.4% | 0.2% | -$6,988 | +2.8% |
| 94610Oakland | $1,204,000 | $2,344 | 2.3% | 0.1% | -$6,334 | +4.6% |
| 94707Berkeley | $1,771,000 | $3,443 | 2.3% | 0.3% | -$9,069 | n/a |
| 94539Fremont | $2,165,000 | $4,154 | 2.3% | 0.4% | -$10,929 | +6.0% |
| 94618Oakland | $1,635,000 | $2,914 | 2.1% | 0.2% | -$8,566 | +6.4% |
| 94705Oakland | $1,975,000 | $2,814 | 1.7% | -0.1% | -$10,820 | +6.5% |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- -1.1%
- Rent, 12 months
- +6.6%
- Rent minus price growth
- +7.7 pts
- Property tax
- 0.78%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $1,035,300 | $2,574 |
| Aug 2022 | $1,142,982 | $2,725 |
| Aug 2023 | $1,060,627 | $2,703 |
| Aug 2024 | $1,123,796 | $2,691 |
| Aug 2025 | $1,060,115 | $2,766 |
| Aug 2026 | $1,048,143 | $2,948 |
HUD Fair Market Rent
FY2027, Oakland-Fremont, CA HUD Metro FMR Area
| Bedrooms | Studio | 1 bed | 2 bed | 3 bed | 4 bed |
|---|---|---|---|---|---|
| Fair Market Rent | $2,088 | $2,290 | $2,805 | $3,592 | $4,250 |
The 40th percentile gross rent for a standard unit, set by HUD each October and used for Section 8 payment standards. It runs below market rent; Zillow's index is shown above where it exists.
Supply
- Permits per 1,000 households
- 5.7
- 3,413 units, last 12 months
- National percentile
- 52th
- among US counties
Tools
Test a listing in Alameda County against today's rate.
Open the calculatorPart of the San Francisco, CA metro.
Questions
- Is Alameda County good for rental property?
- The typical home here runs -$4,789 a month at 7.78% with 25% down. 0 of 45 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 3.2%. The figures use a typical home, 7.78% with 25% down and default costs shown on each ZIP page. They describe the market, not any one property.
- What is the property tax rate in Alameda County?
- About 0.78% of value, from Census ACS median taxes paid over median home value. On a $1,048,000 home that is about $8,144 a year.
- What is Fair Market Rent in Alameda County?
- HUD's FY2027 Fair Market Rent here is $2,290 for a 1-bedroom, $2,805 for a 2-bedroom and $3,592 for a 3-bedroom. Typical cash flow at today's rate is -$4,789 a month.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- HUD Fair Market Rents by county, FY2027
US Department of Housing and Urban Development. Read: FY2027.
County rent by bedroom count on county pages.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
- Building Permits Survey, county monthly files
US Census Bureau. Read: 2025-09 to 2026-08.
New housing units permitted in the last 12 months per 1,000 households, a supply-pressure signal.
Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.
Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.