Zip lookup · CA

94538
Fremont, California.

Fremont, Alameda County, CA · San Francisco-Oakland-Berkeley, CA metro · population 67,781

What it costs per month · 94538 $6,584/mo

to buy the typical home at today's mortgage rate — +$3,328 (+102%) since Jan 2020.

What the home itself did
1 year
Down $21,143 -2%
$1,275,475$1,254,332 since Sep 2025
5 years
Up $161,063 +15%
$1,093,269$1,254,332 since Sep 2021

Monthly payment to buy the typical home

Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.

$2,500 $5,000 $7,500 2002 2006 2010 2014 2018 2022 2026 94538 $6,584 United States $1,922
$2,500 $5,000 $7,500 2002 2010 2018 2026
  • 94538$6,584
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 25 years.

Typical home values in zip 94538 fell 1.7% over the past year — slower than the nation's +1.2%.

Asking rents in zip 94538 rose 6.2% over the past year — faster than the nation's +2.7%.

Owning the typical home in zip 94538 runs $5,443/mo more than renting one. The gap peaked at $6,537 in Jan 2025.

That is $8,739 a month against $3,296 rent: a $6,584 mortgage payment, plus $813 property tax and $1,343 insurance & upkeep.

Owning vs renting — zip 94538

The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.

$2,500 $5,000 $7,500 2018 2020 2022 2024 2026 Owning all in $8,739 Renting $3,296 Mortgage only $6,584
$2,500 $5,000 $7,500 2018 2022 2026
  • Owning all in$8,739
  • Renting$3,296
  • Mortgage only$6,584

Property tax · $813/mo 0.78% of value a year — the ACS 2020-2024 median bill over the median home value for Alameda County, CA

Insurance & upkeep · $1,343/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.

Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.

Zillow also publishes an index for the city itself: Fremont, CA — measured over the city limits, which is a different area from this zip.

Asking rent $3,296 as of Sep 2026
+6.2%year on year
Typical home value $1,254,332 as of Sep 2026
-1.7%year on year

Asking rent — 94538

Against the San Francisco-Oakland-Berkeley, CA metro and the national benchmark.

$1,500 $2,000 $2,500 $3,000 $3,500 2018 2020 2022 2024 2026 94538 $3,296 San Francisco $3,445 United States $1,932
$1,500 $2,000 $2,500 $3,000 $3,500 2018 2022 2026
  • 94538$3,296
  • San Francisco$3,445
  • United States$1,932

Typical home value — 94538

Mid-tier homes, smoothed and seasonally adjusted.

$250,000 $500,000 $750,000 $1,000,000 $1,250,000 2018 2020 2022 2024 2026 94538 $1,254,332 San Francisco $1,120,379 United States $366,157
$250,000 $500,000 $750,000 $1,000,000 $1,250,000 2018 2022 2026
  • 94538$1,254,332
  • San Francisco$1,120,379
  • United States$366,157

Within 20 miles

Showing 30 of 79 zips in range — sorting picks from all 79.

10 mi 20 mi 50 mi
Miles Zip City Population Rent Home value
2.9 94539 Fremont 52,396 $4,088 $2,155,195
3.4 94560 Newark 46,903 $3,670 $1,185,035
4.6 94536 Fremont 70,619 $3,353 $1,375,210
5.0 95002 Alviso 1,542 — $1,162,613
5.4 95134 San Jose 30,471 $3,962 $1,009,303
6.5 95035 Milpitas 78,810 $3,614 $1,384,570
7.1 94555 Fremont 37,501 $3,542 $1,425,523
7.1 94089 Sunnyvale 22,699 $3,897 $1,399,408
7.5 94586 Sunol 971 — $1,427,217
7.8 95054 Santa Clara 25,704 $4,163 $1,431,915
8.3 94587 Union City 67,464 $2,913 $1,196,418
8.7 94085 Sunnyvale 24,024 $4,026 $1,474,341
8.7 94043 Mountain View 33,176 $4,594 $1,513,645
9.0 95131 San Jose 31,179 $3,693 $1,283,174
9.4 94303 Palo Alto 46,879 $5,522 $2,061,587
9.9 94086 Sunnyvale 49,746 $4,122 $1,839,541
10.1 94544 Hayward 76,947 $2,637 $804,006
10.2 94041 Mountain View 16,050 $4,652 $2,229,903
10.8 95050 Santa Clara 39,834 $3,644 $1,540,698
10.8 94542 Hayward 14,871 $2,535 $1,212,614
10.9 95133 San Jose 29,710 $3,894 $1,093,948
11.0 94040 Mountain View 35,632 $4,440 $2,782,759
11.0 95051 Santa Clara 62,054 $3,922 $1,792,706
11.1 94301 Palo Alto 17,508 $4,219 $4,337,456
11.1 94306 Palo Alto 27,183 $4,312 $3,368,178
11.2 95132 San Jose 40,334 $4,045 $1,536,930
11.4 94087 Sunnyvale 57,767 $3,694 $2,712,454
11.4 95110 San Jose 19,963 $3,382 $796,857
11.5 94566 Pleasanton 44,222 $3,430 $1,644,043
12.0 95112 San Jose 57,373 $3,236 $955,964

Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.