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Rental market trends in Oakland, CA

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Average Rent in Oakland, CA

Average Rent in Oakland, CA

Avg. RentAnnual Change
Studio - $2,108-3%
1 Bed - $2,471-13%
2 Beds - $3,630-16%
Last updated 5/20/2024

Average Apartment Cost in Oakland, CA

The average rent for apartments in Oakland, CA, is between $2,108 and $3,630 in 2024. For a studio apartment in Oakland, CA, the average rent is $2,108. When it comes to 1-bedroom apartments, the average rent in Oakland, CA, is $2,471. For a 2-bedroom apartment, the average rent is $3,630.

Apartment Rent Ranges in Oakland, CA

Apartment PricesProportion
0%
0%
8%
38%
54%

Neighborhood Apartment Rent Trends in Oakland, CA

NeighborhoodStudio Avg RentAnnual Change
Produce and Waterfront$2,631--
Oaksterdam$2,322-6%
Broadway Valdez District$2,175-24%
Pill Hill$2,175--
Cleveland Heights$2,145--
Downtown$2,065-15%
Civic Center$1,999-27%
Uptown$1,904-25%
San Antonio$1,901-3%
Clinton$1,901-9%
South Hills$1,800--
Lower Hills District$1,795--
Grand Lake$1,795--
Lakeside Apartments District$1,695+3%
Elmhurst$1,675--
Adams Point$1,625--
Central East Oakland$1,5950%
North Hills$1,550-38%
North Oakland$1,545-22%
Piedmont Avenue$1,545--
Harrison St-Oakland Ave$1,5000%
Old Oakland$1,495--
Ivy Hill$1,450--
Neighborhood1 Bed Avg RentAnnual Change
Produce and Waterfront$3,132--
Oaksterdam$2,844-17%
Broadway Valdez District$2,825-18%
Pill Hill$2,770--
Grand Lake$2,745+38%
Shafter$2,525--
North Hills$2,495--
Claremont Elmwood$2,495--
Civic Center$2,492-12%
Downtown$2,423-20%
Uptown$2,404-21%
Temescal$2,375-4%
Longfellow$2,375--
Highland of Adams Point$2,310-4%
Adams Point$2,295+24%
Chinatown$2,250+25%
Old Oakland$2,195--
Fruitvale$2,145+19%
Lower Hills District$2,095+9%
Lakeshore$2,095--
South Hills$2,000--
Sequoyah$2,000--
Harrison St-Oakland Ave$1,995+18%
Santa Fe$1,995--
Tuxedo$1,950-2%
Piedmont Avenue$1,850+9%
San Antonio$1,7950%
Cleveland Heights$1,795-25%
Lakeside Apartments District$1,750-12%
Clinton$1,737-3%
North Oakland$1,6950%
Mosswood$1,695--
West Oakland$1,665--
Prescott$1,665--
Lower Bottoms$1,665--
Ivy Hill$1,650--
Central East Oakland$1,495--
Elmhurst$995-27%
Neighborhood2 Beds Avg RentAnnual Change
Merritt$4,775--
San Antonio$4,500+115%
Claremont Elmwood$4,495+39%
Civic Center$4,034+11%
Broadway Valdez District$3,949-21%
Produce and Waterfront$3,917--
Oaksterdam$3,715-21%
Lower Hills District$3,695--
Grand Lake$3,695--
Pill Hill$3,664--
Upper Laurel$3,500--
Jingletown$3,400--
Shafter$3,245--
Downtown$3,207-25%
North Hills$3,200-50%
Montclair$3,200--
Highland of Adams Point$3,145+2%
Uptown$3,102-51%
Lakeshore$3,095--
Santa Fe$2,995--
Old Oakland$2,895--
Lakeside Apartments District$2,642--
Cleveland Heights$2,455--
Piedmont Avenue$2,450--
Longfellow$2,300--
West Oakland$2,295--
Oak Center$2,295--
Tuxedo$2,200--
Harrison St-Oakland Ave$2,150-42%
Clinton$2,145--
Ivy Hill$2,145+8%
Adams Point$2,100-32%
Temescal$2,100-37%
North Oakland$1,995-13%
Mosswood$1,995--
Fruitvale$1,950-35%
Central East Oakland$1,895-30%
East Peralta$1,695--
Castlemont$1,695--
Elmhurst$1,495-8%

How Other Cities Compare to Oakland, CA

CityStudio Avg RentAnnual Change
Redwood City$2,9810%
San Francisco$2,8200%
Union City$2,612+7%
San Carlos$2,609-16%
Pacifica$2,605+1%
Milpitas$2,4250%
San Jose$2,389-5%
Palo Alto$2,385-26%
Fairfield$2,355+18%
Alameda$2,305-5%
Fremont$2,279+1%
Pleasanton$2,219-29%
Hayward$2,200--
Menlo Park$2,195+5%
Berkeley$2,145-5%
Walnut Creek$2,142-14%
San Mateo$2,110-5%
Sunnyvale$2,062-3%
Vacaville$1,959+3%
Santa Clara$1,950-7%
Livermore$1,739-28%
Tracy$1,680-40%
Napa$1,500--
City1 Bed Avg RentAnnual Change
San Francisco$3,478+4%
Redwood City$3,350+1%
Mountain View$3,095-15%
Pacifica$3,045+8%
Sunnyvale$2,872+5%
Santa Clara$2,871-12%
Livermore$2,857+17%
Union City$2,850+11%
Menlo Park$2,7950%
Berkeley$2,771-1%
Milpitas$2,737-6%
San Jose$2,7240%
Palo Alto$2,705-32%
San Mateo$2,659-2%
Napa$2,503-2%
San Carlos$2,5000%
Pleasanton$2,495-5%
Walnut Creek$2,4780%
Fremont$2,420+3%
Hayward$2,382+11%
Alameda$2,350-17%
Tracy$2,2500%
Vacaville$2,185+6%
City2 Beds Avg RentAnnual Change
San Francisco$4,808+6%
Pleasanton$4,793+21%
Menlo Park$4,498-19%
Redwood City$4,304+2%
Santa Clara$3,990+7%
Sunnyvale$3,940+5%
San Carlos$3,850+15%
San Mateo$3,718+10%
Mountain View$3,642-18%
Palo Alto$3,600-1%
Milpitas$3,600-6%
Pacifica$3,338+6%
San Jose$3,3270%
Berkeley$3,195-37%
Walnut Creek$3,097-1%
Union City$2,990+2%
Livermore$2,940+10%
Fremont$2,897-1%
Alameda$2,895-12%
Tracy$2,890+31%
Napa$2,883-3%
Hayward$2,725+6%
Vacaville$2,370+4%
Fairfield$1,940-18%
Vallejo$1,795-10%

Oakland, CA Rent Trends

Studio1 Bed2 Beds
May 2023Jun 2023Jul 2023Aug 2023Sep 2023Oct 2023Nov 2023Dec 2023Jan 2024Feb 2024Mar 2024Apr 2024May 2024
$2405$2444$2475$2396$2365$2228$2347$2237$2318$2117$2105$2078$2098
$2868$2962$2891$2935$2601$2412$2370$2536$2680$2448$2400$2431$2319
$3764$3764$3876$3798$3720$3700$3355$3695$3653$3545$3526$3600$3244
$4696$4571$4276$4096$4302$3985$4215$3900$4702$4549$4549$4470$4337

Neighborhood Information for Oakland, CA

What are the most affordable neighborhoods in Oakland, CA?

The most affordable neighborhoods in Oakland are Elmhurst, where the average 1-bedroom apartment rent goes for $995, Central East Oakland, where renters pay $1,495 on average for a 1-bedroom apartment, and Ivy Hill, where the average 1-bedroom apartment rent goes for $1,650. If you're looking for other great deals, check out the listings in West Oakland ($1,665 for a 1-bedroom apartment) or Prescott ($1,665 for a 1-bedroom apartment), compared to the $2,471 average for an Oakland 1-bedroom apartment.

What are the most expensive neighborhoods in Oakland, CA?

The most affordable neighborhoods in Oakland are Merritt, where the average 1-bedroom apartment rent goes for $4,437, Produce and Waterfront, where renters pay $3,132 on average for a 1-bedroom apartment, and Oaksterdam, where the average 1-bedroom apartment rent goes for $2,844. If you're looking for other great deals, check out the listings in Broadway Valdez District ($2,825 for a 1-bedroom apartment) or Pill Hill ($2,770 for a 1-bedroom apartment), compared to the $2,471 average for an Oakland 1-bedroom apartment.

What are the most popular neighborhoods in Oakland, CA?

The most popular neighborhoods in Oakland are Lakeshore, where the average 1-bedroom apartment rent goes for $2,095, Grand Lake, where renters pay $2,745 on average for a 1-bedroom apartment, and Highland of Adams Point, where the average 1-bedroom apartment rent goes for $2,310. If you're looking for other popular neighborhoods, check out the listings in Adams Point ($2,295 for a 1-bedroom apartment) or Harrison St-Oakland Ave ($1,995 for a 1-bedroom apartment), compared to the $2,471 average for an Oakland 1-bedroom apartment.

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