Rental prices in Lake Merritt, Oakland, CA have increased by 6.7% over the past year. The average rent moved from $3,785 to $4,039.
Check out the average rent in Oakland.
The national average price of rental apartments is $1,750, while the average monthly rent in Lake Merritt, Oakland, CA is $4,039.
The average monthly rent for an apartment in Lake Merritt, Oakland, CA is around $4,039.
The price range of a 3 bedroom apartment is between $3,195 and $4,439.
There are 1 3 bedroom rentals available on RentCafe. Prices and availability in Lake Merritt, Oakland, CA were last updated on 16 Nov 2025.
The average Lake Merritt, Oakland, CA 3 bedroom apartment size is 1,197 sq. ft.
Renting a 3 bedroom apartment offers extra space compared to a 2 bedroom apartment, suited for a family or for sharing it with someone else.
A 3 bedroom apartment is more expensive than smaller units and it usually comes with higher utility costs.
In total, Lake Merritt, Oakland, CA has 10,372 residents, 5,316 women and 5,056 men, per U.S. Census recent estimates. Statistics show that the median age of Lake Merritt’s population is 42.
There is a total of 5,091 households in Lake Merritt, Oakland, CA. Of these, 1,032 have children and 4,060 are without children. Per Census Bureau’s most current estimates, 2,136 family households and 2,955 non-family households live in this area. The size of a household in Lake Merritt is 1.99 people, on average. The median household annual income in Lake Merritt equals $153,476, and the monthly housing costs equal $2,638.
According to data from the U.S. Census Bureau, 3% of the population in Lake Merritt, Oakland, CA have no high school education, 9% went to high-school, and 12% have partially completed college. Moreover, 4% of the population hold an Associate Degree, 38% hold a Bachelor Degree, and 34% hold a Graduate Degree.
.jpg?width=480&quality=90)
.jpg?width=480&quality=90)
.jpg?width=480&quality=90)
.JPG?width=480&quality=90 "apartment kitchen with sink and wood cabinets")
