Oakland, CA Rental Market Trends

Highlights

The average rent for an apartment in Oakland is $2,527, a 3% increase compared to the previous year, when the average rent was $2,442.

Studio apartments in Oakland rent for $1,761 a month, while 1-bedroom apartments ask on average $2,330 a month; the average rent for a 2-bedroom apartment is $3,191.

Average Rent in Oakland, CA

Last updated Dec 2018
All rentals Studio 1 Bed 2 Beds 3 Beds
Average Rent $2,527 $1,761 $2,330 $3,191 $4,214
Y-o-Y Change 3% 5% 6% -1% 2%
Average Apartment Size 729 sq. ft. 554 sq. ft. 674 sq. ft. 952 sq. ft. 1,261 sq. ft.

The average size for a Oakland apartment is 729 square feet, but this number varies greatly depending on apartment type. A studio averages 554 sq. ft., while a one-bedroom apartment offers a more generous square footage: 674. 2-bedroom apartments in Oakland have an average size of 952 sq. ft.

Oakland, CA Apartment Rent Ranges

  • $701-$1,0002%
  • $1,001-$1,5006%
  • $1,501-$2,00032%
  • > $2,00060%

Oakland, CA Rent Trends

Average Rent All rentals Studio 1 Bed 2 Beds 3 Beds
Dec / 2018 $2,527 $1,761 $2,330 $3,191 $4,214
Jan / 2018 $2,497 $1,726 $2,294 $3,173 $4,214
Sept / 2017 $2,455 $1,751 $2,226 $3,177 $4,300
May / 2017 $2,442 $1,673 $2,207 $3,225 $4,143
Jan / 2017 $2,363 $1,626 $2,128 $3,126 $3,996
Sept / 2016 $2,379 $1,591 $2,142 $3,173 $3,888
May / 2016 $2,390 $1,565 $2,123 $3,280 $4,099
Jan / 2016 $2,332 $1,550 $2,080 $3,180 $3,861
Sept / 2015 $2,215 $1,451 $2,002 $2,914 $4,029
May / 2015 $2,132 $1,406 $1,911 $2,837 $3,796
/

Average Rent in Oakland, CA By Neighborhood

Clinton
$2,704
East Peralta
$2,704
Embarcadero
$2,704
Highland Park
$2,704
Highland Terrace
$2,704
Ivy Hill
$2,704
Merritt
$2,704
Peralta
$2,704
Rancho San Antonio
$2,704
Tuxedo
$2,704
Civic Center
$2,698
Downtown Oakland
$2,698
Old Oakland
$2,698
Ralph Bunche
$2,698
Jingletown
$2,605
Lakeside
$2,531
Northgate
$2,531
Uptown Oakland
$2,531
Hoover - Foster
$2,518
Bella Vista
$2,513
Cleveland Heights
$2,513
Waverly
$2,445
Adams Point
$2,112
Crocker Highland
$2,112
Grand Lake
$2,112
Lakeshore
$2,112
Lynn
$2,112
Trestle Glen
$2,112
Mosswood
$2,110
Mountain View
$2,078
Forestland
$2,009
Glen Highlands
$2,009
HarriOak
$2,009
Joaquin Miller Park
$2,009
Merriewood
$2,009
Montclair
$2,009
Piedmont Avenue
$2,009
Piedmont Pines
$2,009
Arroyo Viejo
$1,948
Chabot Park
$1,948
Eastmont
$1,948
Eastmont Hills
$1,948
Foothill Square
$1,948
Frick
$1,948
Grass Valley
$1,948
Havenscourt
$1,948
Millsmont
$1,948
Oak Knoll
$1,948
Seminary
$1,948
Sequoyah
$1,948
Toler Heights
$1,948
Caballo Hills
$1,925
Leona Heights
$1,925
Castlemont
$1,854
Las Palmas
$1,854
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The most affordable neighborhoods in Oakland are Castlemont, where the average rent goes for $1,854/month, Las Palmas, where renters pay $1,854/mo on average, and Caballo Hills, where the average rent goes for $1,925/mo. If you’re looking for other great deals, check out the listings from Leona Heights ($1,925), Arroyo Viejo ($1,948), and Chabot Park ($1,948), where the asking prices are below the average Oakland rent of $2,527/mo.

The most expensive neighborhoods in Oakland are Peralta ($2,704), Rancho San Antonio ($2,704) and Tuxedo ($2,704).

Oakland | Rent Comparison by Neighborhood

Neighborhood
vs.
Neighborhood

Rent in Adams Point is 8% higher than in Arroyo Viejo

$2,112

Adams Point rent is 16% lower than Oakland average

All rentals $2,112
Studio $1,861
1 Bed $2,075
2 Beds $2,513
3 Beds $3,489
$1,948

Arroyo Viejo rent is 23% lower than Oakland average

All rentals $1,948
Studio $950
1 Bed $1,762
2 Beds $2,218
3 Beds $2,800

How Does Oakland Compare to Nearby Cities

Average Rent Y-o-Y Change
Los Angeles $2,265 3%
San Francisco $3,442 0%
Oakland $2,527 3%
Santa Barbara $1,975 5%
Arroyo Grande $1,138 4%
San Luis Obispo $2,080 12%
Paso Robles $1,440 1%
Atascadero $1,388 -1%

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

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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 Oakland 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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