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Albany city, CA

ZIP 94706 — Housing & Real Estate

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

Upper Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 94706

Median Home Value
$1,188,100
Median Rent
$2,281
Affordability Snapshot
$327,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$7,632/mo PITI).

20%
Rent-to-Income Ratio

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

8.7x
Home Price-to-Income Ratio

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

43.4 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 94706 in Albany city, CA, a household would need roughly $327,000 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 $7,632. That is about 139% above the local median household income ($136,961), 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

Diverse housing tenure.

Heating Fuel
Housing Metrics
Owner Occupied
53.9%-18% vs US avg
x
Vacancy Rate
4.2%-59% vs US avg
x
Broadband Access
88.4%+2% vs US avg
x
4+ Bedrooms
1.2%-92% vs US avg
x
Built Pre-1939
10.3%-20% vs US avg
x
Built Post-2014
0.2%-97% vs US avg
x
Rent Burden >30%
23.9%-52% vs US avg
x
Mortgage-Free
35.6%-7% vs US avg
x
$1,188,100
Home Value
$2,281
Rent
1950
Year Built
2013
Moved In

Residents have lived here since ~2013 on average

Housing Structure

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

  • 1-unit detached50.7%
  • 1-unit attached4.8%
  • 2-9 units18.2%
  • 10+ units26.1%
  • Mobile home & other0.2%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$1,188,100
Median rent$2,281
Owner-occupied53.9%
Vacant4.2%
Price-to-income8.7x
Est. income to buy$327,000