HousingHandbookReference data

U.S. ZIP Code · CA94705

Alameda County · San Francisco-Oakland-Fremont, CA

Typical home value

$2,007,478[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-0.3%
5-year / yr
+0.7%
10-year / yr
+2.5%

Relative price

vs U.S.
+606.7%
vs metro
+60.5%
vs state
+186.6%
ZIP 94705 location in CA
Location of ZIP 94705 in CA

Price history

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

The typical home in 94705 is worth $2,007,478 — 60.5% above the San Francisco-Oakland-Fremont, CA median. Over the past year, values have fallen 0.3%. Homes here rent for a typical $3,364 a month — a 2.0% gross rental yield. The effective property tax rate is 0.9%.

#Rent & investment

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

Monthly rent
$3,364[2]
Gross yield
2.0%[2]
Cap rate
1.2%[2]

#Property tax

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

Effective tax rate
0.9%[3]
Typical annual tax
$17,524[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
13,991[3]
Median household income
$167,970[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
3
Middle
1
High
0
  • Willard Middle

    Middle · Grades 6–8 · Berkeley Unified

    578 students

  • Sylvia Mendez Elementary

    Elementary · Grades K–5 · Berkeley Unified

    386 students

  • Emerson Elementary

    Elementary · Grades K–5 · Berkeley Unified

    282 students

  • John Muir Elementary

    Elementary · Grades K–5 · Berkeley Unified

    264 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.

Gross yield2.0%
Net yield (after ~40% expenses)1.2%
Annual rent$40,364

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.

Monthly payment$10,151
Loan principal$1,605,982
Down payment$401,496
Total interest paid$2,048,342

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.

Own : rent ratio3.95
Monthly cost to own$13,279
Monthly rent$3,364

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
43rd percentile[1]
Rental yield
5th percentile[2]
Property tax
82nd percentile[3]

Frequently asked

How much is a home worth in ZIP code 94705?
The typical home in 94705 is worth $2,007,478, based on the Zillow Home Value Index.
Are home values rising in 94705?
Home values in 94705 are down 0.3% over the past year, and up 0.7% a year over five years.
What is the typical rent in 94705?
A typical home in 94705 rents for about $3,364 a month, a gross rental yield of 2.0%.
What is the property tax rate in 94705?
The effective property tax rate in 94705 is 0.9% — roughly $17,524 a year on a typical home.
Who lives in 94705?
ZIP code 94705 has a population of 13,991 and a median household income of $167,970.

#Comparable ZIPs

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

  • Orinda, CA

    Typical home
    $2,006,337
    Gross yield
  • Redwood City, CA

    Typical home
    $1,991,110
    Gross yield
    2.2%
  • Lafayette, CA

    Typical home
    $1,962,152
    Gross yield
    2.2%
  • Millbrae, CA

    Typical home
    $2,067,127
    Gross yield
    2.2%
  • San Francisco, CA

    Typical home
    $1,943,926
    Gross yield
  • Nicasio CDP, CA

    Typical home
    $2,090,122
    Gross yield

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

Compare ZIPs

Pit ZIP 94705 against any other ZIP — full side-by-side table.

Compare 94705

#Jump to section