Berkeley, CA Rental Market Trends
What is the average rent in Berkeley?
The average rent for an apartment in Berkeley is $2,950, a 10% decrease compared to the previous year, when the average rent was $3,284.
Average Rent in Berkeley, CA
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $2,950 | -10% | 699 sq. ft. |
What is the average apartment size in Berkeley?
The average size for a Berkeley, CA apartment is 699 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.
Berkeley, CA Apartment Rent Ranges
- $701-$1,0002%
- $1,501-$2,00013%
- > $2,00085%
Berkeley, CA Occupied Housing Units
- Renter-occupied Households54%
- Owner-occupied Households45%
24,654 or 54% of the households in Berkeley, CA are renter-occupied while 20,698 or 45% are owner-occupied.
Berkeley, CA Rent Trends
| Average Rent | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | Jun / 2021 |
|---|---|---|---|---|---|---|---|---|---|---|
| Berkeley, CA | $3,089 | $3,123 | $3,191 | $3,165 | $3,240 | $3,183 | $3,284 | $3,301 | $3,099 | $2,950 |
| National | $1,314 | $1,345 | $1,354 | $1,358 | $1,390 | $1,397 | $1,400 | $1,392 | $1,396 | $1,407 |
Average Rent in Berkeley, CA By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| University of California | $3,038 |
| Downtown Berkeley | $3,029 |
| Elmwood | $3,029 |
| Panoramic Hill | $3,029 |
| South Berkeley | $2,993 |
| North Berkeley | $2,844 |
| Southwest Berkeley | $2,820 |
| Berkeley Marina | $2,815 |
| Golden Gate Fields | $2,815 |
| Northwest Berkeley | $2,815 |
| Central Berkeley | $2,520 |
What are the most affordable neighborhoods in Berkeley?
The most affordable neighborhoods in Berkeley are Central Berkeley, where the average rent goes for $2,520/month, Berkeley Marina, where renters pay $2,815/mo on average, and Golden Gate Fields, where the average rent goes for $2,815/mo. If you’re looking for other great deals, check out the listings from Northwest Berkeley ($2,815), Southwest Berkeley ($2,820), and North Berkeley ($2,844), where the asking prices are below the average Berkeley rent of $2,950/mo.
What are the most expensive neighborhoods in Berkeley?
The most expensive neighborhoods in Berkeley are Elmwood ($3,029), Panoramic Hill ($3,029) and University of California ($3,038).
What are the most popular neighborhoods in Berkeley?
The most popular neighborhood in Berkeley is Downtown Berkeley, where there are 12 verified RENTCafé listings with an average rent of $3,029. Next up is North Berkeley, where apartments go for $2,844/month, followed by University of California with $3,038 If you’re looking to rent in Berkeley’s most popular neighborhoods, make sure to also check out Elmwood, where renters pay $3,029 on average, and South Berkeley, where the average monthly rent is $2,993.
Berkeley | Rent Comparison by Neighborhood
Rent in Berkeley Marina is 12% higher than in Central Berkeley
Berkeley Marina rent is 5% lower than Berkeley average
| Average Rent | $2,815 |
|---|
Central Berkeley rent is 15% lower than Berkeley average
| Average Rent | $2,520 |
|---|
How Berkeley Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Los Angeles | $2,376 | -3% |
| San Francisco | $2,913 | -16% |
| East Bay | $2,273 | -4% |
| San Diego | $2,267 | 4% |
| Oakland | $2,708 | -6% |
| Palo Alto | $2,913 | -13% |
| San Jose | $2,546 | -7% |
| Sunnyvale | $2,486 | -18% |
| Mountain View | $2,719 | -17% |
| Berkeley | $2,950 | -10% |
| San Mateo | $2,908 | -10% |