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These days, finding an affordable place to live in the 94116 area can be challenging. Home prices in 94116 are now at a median cost of $1,264,701, higher than the California average of $648,235.
The average cost of rent is $2,663/mo in 94116, primarily driven by the current value of real estate in the 94116 area. While nearly 41.00% of residents own their homes outright in 94116, 25.96% rent.
Housing affordability isn’t just about home prices, though. The average household income in 94116 is $11,712 per month. Households that rent pay about 22.73% of their income on rent here. 94116's most expensive areas are in the southern regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 94122, CA: equally priced homes
- 94127, CA: higher priced homes
- 94132, CA: less expensive homes
- 94121, CA: higher priced homes
- 94131, CA: higher priced homes
- 94118, CA: higher priced homes
- 94112, CA: less expensive homes
- 94114, CA: higher priced homes
- 94117, CA: higher priced homes
- 94014, CA: less expensive homes
Zip Codes with Similar Populations
- 20120, VA: less expensive homes
- 97305, OR: less expensive homes
- 97330, OR: less expensive homes
- 98058, WA: less expensive homes
- 99205, WA: less expensive homes
- 21220, MD: less expensive homes
- 21044, MD: less expensive homes
- 21042, MD: less expensive homes
- 20706, MD: less expensive homes
- 96003, CA: less expensive homes
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