Oakland, CA Rental Market Trends
What is the average rent in Oakland?
The average rent for an apartment in Oakland is $2,680. The cost of rent varies depending on several factors, including location, size, and quality.
Average rent in Oakland, CA
Last updated November 2023
| Average Rent | Average Apartment Size |
|---|---|
| $2,680 | 770 sq. ft. |
What is the average apartment size in Oakland?
The average size for a Oakland, CA apartment is 770 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Oakland, CA apartment rent ranges
Oakland, CA Occupied Housing Units
98,649 or 58% of the households in Oakland, CA are renter-occupied while 71,633 or 42% are owner-occupied.
Oakland, CA rent trends
Average Rent in Oakland, CA By Neighborhood
| City | Average Rent |
|---|---|
| Jack London | $2,905 |
| McClymonds | $2,905 |
| East Peralta | $2,797 |
| Merritt | $2,797 |
| Downtown Oakland | $2,748 |
| Ralph Bunche | $2,748 |
| Jingletown | $2,692 |
| Northgate | $2,681 |
| Mosswood | $2,656 |
| Bushrod | $2,377 |
| Temescal | $2,377 |
| Adams Point | $2,140 |
| Laurel | $2,125 |
| Coliseum Industrial Complex | $1,654 |
| Hawthorne | $1,625 |
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What are the most affordable neighborhoods in Oakland?
The most affordable neighborhoods in Oakland are Hawthorne, where the average rent goes for $1,625/month, Coliseum Industrial Complex, where renters pay $1,654/mo on average, and Laurel, where the average rent goes for $2,125/mo. If you’re looking for other great deals, check out the listings from Adams Point ($2,140), Bushrod ($2,377), and Temescal ($2,377), where the asking prices are below the average Oakland rent of $2,680/mo.
What are the most expensive neighborhoods in Oakland?
The most expensive neighborhoods in Oakland are Merritt ($2,797), Jack London ($2,905) and McClymonds ($2,905).
What are the most popular neighborhoods in Oakland?
The most popular neighborhood in Oakland is Bushrod, where there are 2 listings with an average rent of $2,377. Next up is Downtown Oakland, where apartments go for $2,748/month, followed by Jack London with $2,905 If you’re looking to rent in Oakland’s most popular neighborhoods, make sure to also check out Laurel, where renters pay $2,125 on average, and Adams Point, where the average monthly rent is $2,140.
Oakland | Rent Comparison by Neighborhood
Rent in Adams Point is 10% lower than in Bushrod
$2,140
Adams Point rent is 20% lower than Oakland average
Average Rent
$2,140
$2,377
Bushrod rent is 11% lower than Oakland average
Average Rent
$2,377
How Oakland Compares to Other Cities
| State | Average Rent |
|---|---|
| Ventura | $2,784 |
| Goleta | $3,162 |
| Los Angeles | $2,719 |
| Santa Barbara | $2,842 |
| San Francisco | $3,267 |
| Oxnard | $2,627 |
| East Bay | $2,580 |
| Sanger | $1,235 |
| Irvine | $3,222 |
| San Diego | $2,997 |
| Oakland | $2,680 |
| Pacifica | $2,800 |
| Berkeley | $3,224 |
| Daly City | $2,430 |
| San Ramon | $2,650 |
| Union City | $2,491 |
| Alameda | $2,736 |
| Concord | $2,281 |
| Martinez | $2,256 |
| Millbrae | $3,068 |
| San Leandro | $2,302 |
What is the average price for a storage unit in Oakland?
The average rent for a non-climate-controlled 10'x10' storage unit in Oakland is $249. Rental costs vary depending on several factors, including unit size and the storage facility's location and amenities.
Most Popular Apartments in Oakland
Laurel Heights
3761 - 3773 High Street, Oakland, CA 94619| 1 BED | $1,095 |
| 2 BEDS | $1,395+ |
1367 Franklin Street
1367 Franklin Street, Oakland, CA 94612| 1 BED | $1,200 |
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5428 Telegraph Avenue15/3
5428 Telegraph Avenue15/3, Oakland, CA 94609| 3 BEDS | $4,000 |
5428 Telegraph Avenue28823
5428 Telegraph Avenue28823, Oakland, CA 93012| 3 BEDS | $4,000 |