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Berkeley city, CA

ZIP 94707 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Wealthy AreaLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 94707

Median Home Value
$1,626,500
Median Rent
$2,082
Affordability Snapshot
$448,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$10,448/mo PITI).

13%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

8.3x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

65.1 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 94707 in Berkeley city, CA, a household would need roughly $448,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $10,448. That is about 128% above the local median household income ($196,591), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Mostly owner-occupied, low vacancy — stable housing market.

Heating Fuel
Housing Metrics
Owner Occupied
87.0%+33% vs US avg
x
Vacancy Rate
3.5%-66% vs US avg
x
Broadband Access
96.7%+11% vs US avg
x
4+ Bedrooms
9.9%-33% vs US avg
x
Built Pre-1939
11.6%-10% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
23.9%-52% vs US avg
x
Mortgage-Free
36.7%-4% vs US avg
x
$1,626,500
Home Value
$2,082
Rent
1938
Year Built
2004
Moved In

Residents have lived here since ~2004 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached90.4%
  • 1-unit attached1.0%
  • 2-9 units5.7%
  • 10+ units2.4%
  • Mobile home & other0.5%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$1,626,500
Median rent$2,082
Owner-occupied87.0%
Vacant3.5%
Price-to-income8.3x
Est. income to buy$448,000