Rental market · ZIP 94305 · Stanford, CA

ZIP 94305, Stanford, CA rental market

Population 18,509 · Stanford, Santa Clara County, CA · ZIP Code Tabulation Area

Profile · ACS 2024 5-year

Not ranked

This ZIP Code area does not meet the ranking eligibility criteria; the figures below are shown as available.

It stays searchable; available government estimates remain below (data tier: Profile).

Key metrics

18,509
Population

±960 ±5.2% tight

$2,000,001
Median home value (ACS, owner-reported)

Direct ACS estimate: the Census Bureau publishes no margin of error for it

$2,014
Median gross rent (ACS, incl. utilities)

±$150 ±7.2% tight

1.2%
Survey gross-rent yield (proxy)

Derived from ACS estimates: no published margin of error

$83,088
Median household income

±$25,000 ±30% wide

11.1%
Rental vacancy

Derived from ACS estimates: no published margin of error

71.6%
Renter share

Derived from ACS estimates: no published margin of error

0.5%
Estimated property-tax burden

Derived from ACS estimates: no published margin of error

1981
Median year built

±4 years margin in years; a share of a year number would not mean anything

53.4%
Multifamily (5+ units)

Derived from ACS estimates: no published margin of error

Data vintage: ACS 2024 5-year. Of the 10 figures above, 4 carry the Census Bureau's published 90% margin of error, printed on the card in the figure's own units and as a share of the estimate; 5 are ratios derived from those estimates, which the Census Bureau publishes no margin for; and 1 is a direct ACS estimate the Census Bureau publishes no margin of error for. The bar and the band word restate that printed share in three bands: tight under ±10%, moderate ±10% to ±25%, wide ±25% and over. A median year built is given a margin in years only, because a margin stated as a share of a year number would not mean anything; the bar is full at ±40%. A wider margin does not make an area worse, only less precisely measured.

Market context

Trend context

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View source data

Each point is one ACS 5-year estimate on the same 2020-Census ZCTA boundary. Adjacent releases overlap, so the release-to-release differences are not independent annual market movement.

ACS estimates by release; ± is the margin of error.
Series2017–20212018–20222019–20232020–2024
Median home value B25077$2,000,001$2,000,001$2,000,001$2,000,001
Median gross rent B25064$1,731 ±$67$1,831 ±$89$1,937 ±$87$2,014 ±$145
Population B0100316,469 ±1,01217,279 ±92917,912 ±95618,509 ±970

ACS 2021 release

2017-2021 five-year estimate

Median home value B25077
$2,000,001Margin of error not available
Median gross rent B25064
$1,731Margin of error ±$67
Population B01003
16,469Margin of error ±1,012

ACS 2022 release

2018-2022 five-year estimate

Median home value B25077
$2,000,001Margin of error not available
Median gross rent B25064
$1,831Margin of error ±$89
Population B01003
17,279Margin of error ±929

ACS 2023 release

2019-2023 five-year estimate

Median home value B25077
$2,000,001Margin of error not available
Median gross rent B25064
$1,937Margin of error ±$87
Population B01003
17,912Margin of error ±956

ACS 2024 release

2020-2024 five-year estimate

Median home value B25077
$2,000,001Margin of error not available
Median gross rent B25064
$2,014Margin of error ±$145
Population B01003
18,509Margin of error ±970

Source: U.S. Census Bureau, American Community Survey 5-year, table-based Summary File (ZCTA geography); tables B25077 (median value), B25064 (median gross rent), and B01003 (population); estimate + margin of error. Missing releases remain gaps and are never interpolated. Home value is owner-reported; gross rent describes renter housing stock; population is a ZCTA estimate. Dollar figures are nominal.

Measured market data

Measured observations for this ZIP Code, published beside the government survey figures above rather than replacing them. They measure different things and will legitimately disagree; the reconciliation below states on which axis, one axis at a time, instead of leaving a reader to guess. ZORI does not correct the ACS rent; neither is a better version of the other. Monthly series, revised in recent months, observed 2026-08, not live.

Why two figures for apparently the same thing differ: source, vintage, methodology and geography, stated one axis at a time.
FigureACS survey estimateZillow measured index
Typical home value$2,000,001no published margin of error$3,155,048no published margin of error
Methodology typical home valueThe median of what owners themselves estimate their own home to be worth, across owner-occupied homes only.A smoothed index of the typical value of homes in the middle tier (35th to 65th percentile) of the local stock, whether or not they sold.
SourceU.S. Census Bureau, American Community Survey 5-year estimates.Zillow Economic Research public research data.
VintageACS 2024 5-year: one estimate pooled over 2020–2024. Restated once a year, not monthly, and adjacent releases overlap.Monthly series, observed 2026-08 and revised in recent months. Not live.
Geography2020 Census ZIP Code Tabulation Area 94305.USPS ZIP code 94305: a related, but not identical, area.
Zillow Home Value Index (ZHVI, mid tier)$3,155,048
ZHVI bottom tier (5th–35th pct)$1,592,171
ZHVI top tier (65th–95th pct)$4,159,072
Market heat index82
Measured 3-yr value growth3.84%/yr
Measured 5-yr value growth3.80%/yr
Measured 10-yr value growth5.10%/yr
ZHVI, 2-bedroom$920,742
ZHVI, 3-bedroom$2,739,490
ZHVI, 4-bedroom$3,504,053
ZHVI, 5-bedroom$3,872,946

Source: Zillow Economic Research public research data, observation month 2026-08. Zillow keys on USPS ZIP codes; this page is a 2020 Census ZCTA, related but not identical geographies, so a Zillow value is matched to this ZCTA by code and is not a statement that the two areas are the same. Zillow is not affiliated with, and does not endorse, Compounding Estates.

Underwrite with these as starting points

Opening a calculator pre-loads the ACS median owner value and median gross rent as a survey-level starting point; every calculator input is editable. Owner-occupied median value and renter median gross rent describe different housing stock: the median-valued home is not the typical rental, so this is a screen, not a listing, appraisal, asking rent, cap rate, or forecast. Bring your own entry price and rent.

Evidence, sources & limitations

Official geography: Stanford CDP, Santa Clara County. Analytical entity: the U.S. Census ZIP Code Tabulation Area (ZCTA) 94305, an approximation of the USPS ZIP delivery area, not its exact route boundaries. Model z3-measured-v1; data ACS 2024 5-year.

This ZIP Code area is primarily in Santa Clara County, overlapping Stanford and other places, by land-area overlap from the official Census 2020 ZCTA relationship files (not population or address share).

Populationsurvey ACS B01003 · ±5.2% margin of error
Median home value (ACS, owner-reported)survey ACS B25077 · no published margin of error
Median gross rent (ACS, incl. utilities)survey ACS B25064 · ±7.2% margin of error
Survey gross-rent yield (proxy)derived 12 * ACS B25064 / B25077 · no published margin of error
Median household incomesurvey ACS B19013 · ±30% margin of error
Rental vacancyderived ACS B25004 E002 / (B25003 E003 + B25004 E002) · no published margin of error
Renter sharederived ACS B25003 E003/E001 · no published margin of error
Estimated property-tax burdenderived ACS B25103 / B25077 · no published margin of error
Median year builtsurvey ACS B25035 · ±<1% margin of error
Multifamily (5+ units)derived ACS B25024 (5+ unit structures / total) · no published margin of error

Class: survey = ACS estimate (with margin of error); derived = computed from ACS. The survey gross-rent yield is a proxy (renter gross rent vs owner-occupied value, different housing stock; ACS top-codes very high values/rents) and is not a cap rate. Subscores are national percentiles among data-eligible areas; ranks are competition-ranked with deterministic ties. No vendor, listing, parcel, or school data. Not investment advice.