Oakland, CA Rental Market Trends

Highlights

The average rent for an apartment in Oakland is $2,462, a 4% increase compared to the previous year, when the average rent was $2,363.

Studio apartments in Oakland rent for $1,676 a month, while 1-bedroom apartments ask on average $2,321 a month; the average rent for a 2-bedroom apartment is $3,080.

Average Rent in Oakland, CA

Last updated May 2018
All rentals Studio 1 Bed 2 Beds 3 Beds
Average Rent $2,462 $1,676 $2,321 $3,080 $4,822
Y-o-Y Change 4% 3% 9% -1% 21%
Average Apartment Size 729 sq. ft. 554 sq. ft. 674 sq. ft. 952 sq. ft. 1,219 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-$1,50010%
  • $1,501-$2,00029%
  • > $2,00058%

Oakland, CA Rent Trends

Average Rent All rentals Studio 1 Bed 2 Beds 3 Beds
May / 2018 $2,462 $1,676 $2,321 $3,080 $4,822
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
Jan / 2015 $2,009 $1,353 $1,787 $2,711 $3,336
/

Average Rent in Oakland, CA By Neighborhood

Civic Center
$2,659
Downtown Oakland
$2,659
Old Oakland
$2,659
Ralph Bunche
$2,659
Clinton
$2,650
East Peralta
$2,650
Embarcadero
$2,650
Highland Park
$2,650
Highland Terrace
$2,650
Ivy Hill
$2,650
Merritt
$2,650
Peralta
$2,650
Rancho San Antonio
$2,650
Tuxedo
$2,650
Jingletown
$2,554
Lakeside
$2,495
Northgate
$2,495
Uptown Oakland
$2,495
Hoover - Foster
$2,462
Bella Vista
$2,423
Cleveland Heights
$2,423
Waverly
$2,383
Mountain View
$1,976
Arroyo Viejo
$1,950
Chabot Park
$1,950
Eastmont
$1,950
Eastmont Hills
$1,950
Foothill Square
$1,950
Frick
$1,950
Grass Valley
$1,950
Havenscourt
$1,950
Millsmont
$1,950
Oak Knoll
$1,950
Seminary
$1,950
Sequoyah
$1,950
Toler Heights
$1,950
Caballo Hills
$1,903
Leona Heights
$1,903
Forestland
$1,895
Glen Highlands
$1,895
HarriOak
$1,895
Joaquin Miller Park
$1,895
Merriewood
$1,895
Montclair
$1,895
Mosswood
$1,895
Piedmont Avenue
$1,895
Piedmont Pines
$1,895
Castlemont
$1,840
Las Palmas
$1,840
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The most affordable neighborhoods in Oakland are Castlemont, where the average rent goes for $1,840/month, Las Palmas, where renters pay $1,840/mo on average, and Forestland, where the average rent goes for $1,895/mo. If you’re looking for other great deals, check out the listings from Glen Highlands ($1,895), HarriOak ($1,895), and Joaquin Miller Park ($1,895), where the asking prices are below the average Oakland rent of $2,462/mo.

The most expensive neighborhoods in Oakland are Downtown Oakland ($2,659), Old Oakland ($2,659) and Ralph Bunche ($2,659).

Oakland | Rent Comparison by Neighborhood

Neighborhood
vs.
Neighborhood

Rent in Arroyo Viejo is 20% lower than in Bella Vista

$1,950

Arroyo Viejo rent is 21% lower than Oakland average

All rentals $1,950
Studio $950
1 Bed $1,595
2 Beds $2,300
3 Beds $2,800
$2,423

Bella Vista rent is 2% lower than Oakland average

All rentals $2,423
Studio $1,554
1 Bed $1,945
2 Beds $2,857
3 Beds $6,100

How Does Oakland Compare to Nearby Cities

Average Rent Y-o-Y Change
Los Angeles $2,220 5%
San Francisco $3,246 -3%
Oakland $2,462 4%
Santa Barbara $1,739 -9%
Arroyo Grande $1,225 14%
San Luis Obispo $1,761 -4%
Atascadero $1,370 -2%
Paso Robles $1,445 4%

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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