Housing market/California/ZIP 94305
ZIP 94305 Stanford, California
San Jose-Sunnyvale-Santa Clara, CA HUD Metro FMR Area · California. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.
ZIP brief
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HUD schedule, ACS stock, and the 90–110% band for ZIP 94305 · CA — sent to you.
ZIP 94305 · CA
ACS rent vs 2BR SAFMR
ZIP 94305 — Stanford, CA HUD Section 8 Payment Standards / SAFMR →ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.
Housing stock
ACS 2023 units-in-structure · ZCTA 94305
- 1-unit detached93022.0%
- 1-unit attached2906.9%
- 2–4 units3578.5%
- 5–49 units96122.8%
- 50+ units1,68539.9%
2–4 unit share 8.5% · 5–49 unit share 22.8% · combined 2–49 31.2%.
Units by bedrooms
Rent burden
- ACS median gross rent $1,937 (all bedrooms, occupied rentals).
- Median contract rent $1,923.
- Renters paying ≥30% of income 64.6%; ≥50% 33.0%.
- FY2027 2BR SAFMR $2,290 (1.182× ACS median gross rent).
Population
17,912 residents · ACS 2023
Change versus the 2018 ACS 5-year estimate: +13.9%.
ACS 5-year estimates lag current construction. This is not a forecast.
Assisted inventory
- LIHTC: not published for this ZIP.
- HUD project-based assisted MF: not published for this ZIP.
- HCV household counts (Picture of Subsidized Households) are not on this page yet.
New apartment permits
About 3,483 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.
Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.
What the data shows
ZIP 94305 73.4% of occupied households are renters; vacancy is 12.7%; ACS median gross rent is $1,937; population increased +13.9% between the 2018 and 2023 ACS vintages; the housing stock includes 357 units in 2–4-unit structures and 961 units in 5–49-unit structures; FY2027 2BR SAFMR is $2,290 versus ACS median gross rent of $1,937. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.
California research
ZIP 94305 is a Census / HUD profile for San Jose-Sunnyvale-Santa Clara, CA. Not a listing page. Brokerage is Georgia; out-of-state work is referral.
ZIP 94305 — Stanford, CA HUD Section 8 Payment Standards / SAFMR·California ZIP directory
Nearby ZIPs in this FMR area
Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is California research. Brokerage is Georgia.
FAQ
What is the housing market like in ZIP 94305?
ZIP 94305 (San Jose-Sunnyvale-Santa Clara, CA HUD Metro FMR Area) has 17,912 residents, 3,689 households, a renter share of 73.4%, median household income of $72,470, and ACS 2023 median gross rent of $1,937. Vacancy is 12.7%. These are ZCTA estimates, not a property rent roll.
How much small multifamily housing is in 94305?
ACS counts 83 units in 2-unit buildings, 274 in 3–4 unit buildings, 539 in 5–9, 66 in 10–19, and 356 in 20–49. Combined 2–49 unit stock is 1,318 units. This is occupied-and-vacant stock, not listings for sale.
What is the Section 8 rent in 94305?
The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $2,290. See the full schedule and 90–110% payment-standard band on the ZIP 94305 — Stanford, CA HUD Section 8 Payment Standards / SAFMR.
Does this California ZIP profile include Georgia listings?
No. ZIP 94305 is Census / HUD research for San Jose-Sunnyvale-Santa Clara, CA HUD Metro FMR Area. Jeff Crowe CRE does not list California property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.