How much is a home worth in ZIP code 94703?

The typical home in 94703 is worth $1,294,408, based on the Zillow Home Value Index.

Are home values rising in 94703?

Home values in 94703 are down 1.9% over the past year, and down 0.6% a year over five years.

What is the typical rent in 94703?

A typical home in 94703 rents for about $2,597 a month, a gross rental yield of 2.4%.

What is the property tax rate in 94703?

The effective property tax rate in 94703 is 0.8% — roughly $9,748 a year on a typical home.

ZIP code 94703 has a population of 20,934 and a median household income of $109,881.

HousingHandbookReference data

…

U.S. ZIP Code · CA94703

Alameda County · San Francisco-Oakland-Fremont, CA

Typical home value

$1,294,408^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -1.9%
5-year / yr: -0.6%
10-year / yr: +2.9%

Relative price

vs U.S.: +355.7%
vs metro: +3.5%
vs state: +84.8%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 94703 is worth $1,294,408 — 3.5% above the San Francisco-Oakland-Fremont, CA median. Over the past year, values have fallen 1.9%. Homes here rent for a typical $2,597 a month — a 2.4% gross rental yield. The effective property tax rate is 0.8%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $2,597^[2]
Gross yield: 2.4%^[2]
Cap rate: 1.4%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 0.8%^[3]
Typical annual tax: $9,748^[3]

#Climate risk

FEMA National Risk Index ratings for Alameda County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Very High^[4]
Riverine flood: Very High
Coastal flood: Relatively High
Wildfire: Relatively High
Drought: Relatively Moderate
Heat wave: Relatively High
Hurricane: Not Applicable
Tornado: Relatively Moderate
Earthquake: Very High
Winter weather: Very Low

#Who lives here

Population: 20,934^[3]
Median household income: $109,881^[3]

#Migration

Household moves in and out of Alameda County over a year, from IRS tax-return data.

Net migration: -8,347^[5]
Moved in: 40,744
Moved out: 49,091

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 4
Elementary: 2
Middle: 2
High: 0

Martin Luther King Middle
Middle · Grades 6–8 · Berkeley Unified
866 students
Malcolm X Elementary
Elementary · Grades K–5 · Berkeley Unified
460 students
Longfellow Arts and Technology Middle
Middle · Grades 6–8 · Berkeley Unified
442 students
Berkeley Independent Study K-8
Elementary · Grades K–8 · Berkeley Unified
27 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield2.4%

Net yield (after ~40% expenses)1.4%

Annual rent$31,161

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$6,545

Loan principal$1,035,526

Down payment$258,882

Total interest paid$1,320,757

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio3.25

Monthly cost to own$8,433

Monthly rent$2,597

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 22nd percentile^[1]
Rental yield: 20th percentile^[2]
Property tax: 55th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 94703?: The typical home in 94703 is worth $1,294,408, based on the Zillow Home Value Index.
Are home values rising in 94703?: Home values in 94703 are down 1.9% over the past year, and down 0.6% a year over five years.
What is the typical rent in 94703?: A typical home in 94703 rents for about $2,597 a month, a gross rental yield of 2.4%.
What is the property tax rate in 94703?: The effective property tax rate in 94703 is 0.8% — roughly $9,748 a year on a typical home.
Who lives in 94703?: ZIP code 94703 has a population of 20,934 and a median household income of $109,881.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

94063 vs 94703 →
Redwood City, CA
Typical home
$1,296,911
Gross yield
3.6%
94158 vs 94703 →
San Francisco, CA
Typical home
$1,298,031
Gross yield
—
94568
Dublin, CA
Typical home
$1,298,363
Gross yield
2.9%
94066
San Bruno, CA
Typical home
$1,310,825
Gross yield
3.0%
94044
Pacifica, CA
Typical home
$1,277,293
Gross yield
3.4%
94706
Albany, CA
Typical home
$1,271,479
Gross yield
2.9%

Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →

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Pit ZIP 94703 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · CA94703

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