Berkeley, CA Rental Market Trends

Highlights

The average rent for an apartment in Berkeley is $3,089, a 1% increase compared to the previous year, when the average rent was $3,058.

Studio apartments in Berkeley rent for $2,254 a month, while 1-bedroom apartments ask on average $2,668 a month; the average rent for a 2-bedroom apartment is $3,696.

Average Rent in Berkeley, CA

Last updated Jul 2018
All rentals Studio 1 Bed 2 Beds 3 Beds
Average Rent $3,089 $2,254 $2,668 $3,696 $5,480
Y-o-Y Change 1% 3% 1% 2% 3%
Average Apartment Size 725 sq. ft. 460 sq. ft. 652 sq. ft. 894 sq. ft. 1,249 sq. ft.

The average size for a Berkeley apartment is 725 square feet, but this number varies greatly depending on apartment type. A studio averages 460 sq. ft., while a one-bedroom apartment offers a more generous square footage: 652. 2-bedroom apartments in Berkeley have an average size of 894 sq. ft.

Berkeley, CA Apartment Rent Ranges

  • $701-$1,0005%
  • $1,001-$1,5006%
  • $1,501-$2,00027%
  • > $2,00062%

Berkeley, CA Rent Trends

Average Rent All rentals Studio 1 Bed 2 Beds 3 Beds
Jul / 2018 $3,089 $2,254 $2,668 $3,696 $5,480
Sept / 2017 $3,181 $2,314 $2,692 $3,854 $5,625
May / 2017 $3,172 $2,294 $2,721 $3,801 $5,524
Jan / 2017 $3,058 $2,185 $2,648 $3,635 $5,300
Sept / 2016 $2,922 $2,103 $2,569 $3,417 $5,485
May / 2016 $2,924 $2,052 $2,656 $3,510 $5,417
Jan / 2016 $2,789 $1,944 $2,507 $3,363 $5,189
Sept / 2015 $2,703 $1,864 $2,410 $3,298 $4,887
May / 2015 $2,649 $1,842 $2,377 $3,201 $4,836
Jan / 2015 $2,527 $1,731 $2,249 $3,074 $4,538
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Average Rent in Berkeley, CA By Neighborhood

University of California
$3,120
Downtown Berkeley
$3,113
Elmwood
$3,113
Panoramic Hill
$3,113
South Berkeley
$3,110
North Berkeley
$3,092
Southwest Berkeley
$2,988

The most affordable neighborhoods in Berkeley are Southwest Berkeley, where the average rent goes for $2,988/month, North Berkeley, where renters pay $3,092/mo on average, and South Berkeley, where the average rent goes for $3,110/mo. If you’re looking for other great deals, check out the listings from Downtown Berkeley ($3,113), Elmwood ($3,113), and Panoramic Hill ($3,113), where the asking prices are below the average Berkeley rent of $3,089/mo.

The most expensive neighborhoods in Berkeley are Elmwood ($3,113), Panoramic Hill ($3,113) and University of California ($3,120).

Berkeley | Rent Comparison by Neighborhood

Neighborhood
vs.
Neighborhood

Rent in Downtown Berkeley is the same as in Elmwood

$3,113

Downtown Berkeley rent is 1% higher than Berkeley average

All rentals $3,113
Studio $2,228
1 Bed $2,624
2 Beds $3,741
3 Beds $5,620
$3,113

Elmwood rent is 1% higher than Berkeley average

All rentals $3,113
Studio $2,228
1 Bed $2,624
2 Beds $3,741
3 Beds $5,620

How Does Berkeley Compare to Nearby Cities

Average Rent Y-o-Y Change
Oakland $2,497 6%
Fremont $2,308 2%
Hayward $2,028 3%
Berkeley $3,089 1%
Dublin $2,538 3%
Pleasanton $2,499 3%
San Leandro $1,935 5%
Alameda $2,378 1%
Emeryville $2,883 1%
Emeryville City $2,883 1%
Union City $2,335 7%

For more information about the Berkeley rental trends, check out our monthly rent report

Cheapest Listings on RENTCafé

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The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Berkeley apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.

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