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Rental Insights for ZIP Code 95113 (San Jose, CA)

Housing Rentals in ZIP Code 95113 (San Jose, CA)

95113 ZIP Code in California

An In-depth Dive Into Housing Rentals in ZIP Code 95113

The 95113 ZIP Code is primarily located in San Jose, CA in Santa Clara County. The median housing rent payment in this region of California is $2,709 per month. Approximately 86.4% of housing units in this Santa Clara County ZIP Code are renter-occupied, and the region has an estimated rental vacancy rate of 2.2%.

The median rent in ZIP Code 95113 of $2,709 per month is 80% higher than the aggregate California median monthly rent of $1,503, and is 155% higher than the $1,062 the median monthly rent in the U.S. overall. Approximately 35.2% of renters in ZIP Code 95113 pay $3,000 or more per month for housing. That is 425% higher than in California overall, in which 6.7% of total state residents pay $3,000 or more per month for housing. Just 5.0% of renters in ZIP Code 95113 pay between $1,500 and $1,999 for monthly rent.

ZIP Code 95113 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 95113

See the chart below for a comparison of monthly rental costs in ZIP Code 95113, California, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 95113 along with those in the state of California and the U.S. overall. For example, what percentage of renters pay between $1,000 and $1,499 monthly.

Rental Cost in ZIP Code 95113

See the table below for the regional comparison of monthly rental costs.

Cost ZIP 95113 California U.S.
Less than $500 10.4% 4.9% 9.4%
$500 to $999 6.7% 16.5% 36.2%
$1,000 to $1,499 7.4% 28.6% 30.0%
$1,500 to $1,999 5.0% 23.2% 14.0%
$2,000 to $2,499 9.8% 13.4% 5.6%
$2,500 to $2,999 25.5% 6.9% 2.4%
$3,000 or more 35.2% 6.7% 2.4%

Rent Cost vs. Income in ZIP Code 95113

Renters in ZIP Code 95113 use an estimated 24.56% of their income to cover their monthly rent payments. That is about 21% lower than in California overall. The estimate for California overall is 31.23% of income used for housing rent payments. In comparison to the U.S. as a whole, ZIP Code 95113 renters use about 18% less of their income to cover rent expense. Household income figures for ZIP Code 95113 come in higher than in California as a whole. The median annual household income in ZIP Code 95113 of $135,875 sits approximately 81% higher than the overall California median income of $75,235 and approximately 116% higher than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 95113

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 95113, California, and also in the U.S. as a whole.

This chart visualizes monthly rent cost as a percentage of household income in ZIP Code 95113 along with the same calculations in the state of California and the U.S. overall. For example, what percentage of renters pay 15.0 to 19.9 percent of the monthly household income toward rent.

Rent as a Percentage of Income in ZIP Code 95113

See the table below for the regional comparison of monthly rent as a percentage of household income.

Rent Cost as % of Income ZIP 95113 California U.S.
Less than 15.0 percent 18.9% 10.3% 13.1%
15.0 to 19.9 percent 14.1% 11.2% 12.9%
20.0 to 24.9 percent 24.6% 12.2% 12.9%
25.0 to 29.9 percent 12.6% 11.5% 11.6%
30.0 to 34.9 percent 14.2% 9.6% 9.1%
35.0 percent or more 15.5% 45.2% 40.5%

Household Income in ZIP Code 95113

See the table below for the regional comparison of annual household income in ZIP Code 95113.

Income ZIP 95113 California U.S.
Less than $10,000 4.0% 4.8% 6.0%
$10,000 to $14,999 7.3% 4.1% 4.3%
$15,000 to $24,999 2.6% 7.5% 8.9%
$25,000 to $34,999 2.0% 7.5% 8.9%
$35,000 to $49,999 1.8% 10.5% 12.3%
$50,000 to $74,999 4.5% 15.5% 17.2%
$75,000 to $99,999 14.7% 12.4% 12.7%
$100,000 to $149,999 18.0% 16.6% 15.1%
$150,000 to $199,999 11.9% 8.9% 6.8%
$200,000 or more 33.3% 12.2% 7.7%

Household Income in ZIP Code 95113

See the chart below for a comparison of annual household income figures in ZIP Code 95113, California, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 95113 alongside the same figures for the state of California and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 95113

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 95113.

ZIP 95113 California U.S.
Median Housing Rent $2,709 $1,503 $1,062
Renter-Occupied Housing Units 86.4% 45.2% 36.0%
Rental Vacancy Rate 2.2% 3.6% 6.0%
Average Size of Renter-Occupied Unit 1.56 2.88 2.49
Average # of Bedrooms Per Unit 1.27 2.63 2.75
Percent of Income Spent on Rent 24.56% 31.23% 29.83%
Per Capita Income $107,321 $36,955 $34,103
Median Household Income $170,717 $106,916 $88,607
Living Below the Poverty Line 0.0% 9.6% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 95113

In ZIP Code 95113 (San Jose, CA), and estimated 86.4% of housing units are occupied by renters. This region has an approximate rental vacany rate of 2.2%.

The per capita income in 95113 is estimated at $107,321, which goes along with an estimated median household income of $170,717. About 0.0% of residents in this Santa Clara County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 1.56 occupants, while the units have an aggregate average size of 1.27 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 24.56% of their income on housing rental costs.

Rental FAQs for ZIP Code 95113

1

What is the median monthly rent in ZIP Code 95113?

Median rent for housing in ZIP Code 95113 in Santa Clara County in California is approximately $2,709 per month.
2

Is it expensive to rent in ZIP Code 95113?

Rent in ZIP Code 95113 is higher than average in the state of California overall. The median monthly rent of $2,709 in ZIP Code 95113 is approximately 80% higher than the California median of $1,503. Additionally, median rent in this San Jose, CA region ($2,709) is about 155% higher than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 95113?

High-priced rentals are more common in ZIP Code 95113 than in California overall. The percentage of rentals in ZIP Code 95113 that cost $3,000 or more per month (35.2%) is about 425% higher than the California rate of 6.7% that cost that much. Additionally, the overall U.S. rate of 2.4% paying $3,000 or more per month is about 1367% lower than the aforementioned 95113 rate of 35.2%.
4

Are affordable rentals common in ZIP Code 95113?

Affordable rentals are less common in ZIP Code 95113 than in California overall. The percentage of housing rentals in ZIP Code 95113 costing $999 or less per month (17.1%) is approximately 20% lower than the California rate of 21.4% that fall in that range. In addition, the aggregate U.S. rate of 45.6% paying $999 or less per month is about 63% higher than the previously mentioned 95113 rate of 17.1%.
5

What is the most common cost range that rentals fall into in ZIP Code 95113?

The most common range for rental cost in ZIP Code 95113 is $3,000 or more per month. About 35.2% of renters in 95113 pay in this range for monthly rent. In comparison, approximately 6.7% of renters in the state of California fall in the $3,000 or more range, and 2.4% of overall U.S. renters fall in this range.
6

Does ZIP Code 95113 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 95113 is lower than the rental vacancy rate in the state of California overall. Rental vacancy of 2.2% in ZIP Code 95113 is about 39% lower than the California rate of 3.6%. Looking more broadly, rental vacancy in this San Jose, CA region (2.2%) is an estimated 63% lower than the estimated rental vacancy rate of 6.0% in the U.S. overall.
7

What is the average household income in ZIP Code 95113? How does it compare to other California regions?

Median household income in ZIP Code 95113 is higher than in the state of California overall. Annual household income of $135,875 in ZIP Code 95113 is about 81% higher than the California median of $75,235. Additionally, median household income in this San Jose, CA region ($135,875) is approximately 116% higher than median household income of $62,843 in the U.S. as a whole.
8

How much of their income do renters in ZIP Code 95113 spend on housing costs?

Renters in ZIP Code 95113 spend a lower amount of their income on rent costs than do renters in California overall. Renters in ZIP Code 95113 spend an estimated 24.56% of their income on rent payments, which is about 21% lower than the overall California estimated rate of 31.23%. In addition, the aggregate U.S. estimated rate of 29.83% of income spent on housing rental costs is about 18% higher than the ZIP Code 95113 estimated rate of 24.56%.
9

Do renters in ZIP Code 95113 typically spend a large portion of their income on rent payments?

It is uncommon for renters in ZIP Code 95113 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 95113 spending 30 percent or more of their income on rent costs (29.7%) is approximately 46% lower than the California rate of 54.8% that spend that much. In addition, the overall U.S. rate of 49.6% paying 30 percent or more of their income on rent costs is about 40% higher than the aforementioned 95113 rate of 29.7%.
10

What is the average household size of renter-occupied units in ZIP Code 95113?

The average household size of renter-occupied units in ZIP Code 95113 is lower than in the state of California overall. Annual household size of 1.56 in ZIP Code 95113 is about 46% lower than the California median of 2.88. Additionally, median household size in this San Jose, CA region (1.56) is approximately 37% lower than median household size of 2.49 in the U.S. as a whole.