Downtown Oakland, Oakland, CA Rental Market Trends
Last updated: November 18, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Downtown Oakland is $3,074, a 2.95% increase compared to the previous year, when the average rent was $2,986.
Studio Apartments at $2,215 offer the most budget-friendly option with 511 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 733 square feet for $2,841, balancing privacy and affordability.
Two-beedroom units at $3,838 offer 1,051 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,474 sq ft) for $4,277, suitable for larger households.
Average rent in Downtown Oakland, Oakland, CA
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $3,074 | 809 sq. ft. |
| Studio | $2,215 | 511 sq. ft. |
| 1 Bed | $2,841 | 733 sq. ft. |
| 2 Beds | $3,838 | 1,051 sq. ft. |
| 3 Beds | $4,277 | 1,474 sq. ft. |
Downtown Oakland, Oakland, CA rent trends
Rental prices in Downtown Oakland, Oakland, CA have increased by 2.95% over the past year. The average rent moved from $2,986 to $3,074.
What's the typical rent budget in Downtown Oakland, Oakland, CA?
The largest share of rentals in Downtown Oakland, Oakland, CA (45%) fall between $3,000- per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Downtown Oakland, Oakland, CA?
2,611 or 89% of the households in Downtown Oakland, Oakland, CA are renter-occupied while 308 or 11% are owner-occupied.
Most affordable neighborhoods in Downtown Oakland?
Castlemont $1,902/month
Lakeside $1,973/month
Grand Lake $2,166/month
All of these neighborhoods fall below the city wide average of $2,635/month.Most expensive neighborhoods in Downtown Oakland?
Waverly $2,852/month
Merritt $3,009/month
Downtown Oakland $3,074/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Oakland, CA By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Downtown Oakland | $3,074 |
| Merritt | $3,009 |
| Waverly | $2,852 |
| Mosswood | $2,791 |
| Peralta | $2,763 |
| HarriOak | $2,736 |
| Jack London | $2,735 |
| Civic Center | $2,664 |
| Piedmont Avenue | $2,659 |
| Northgate | $2,599 |
| Pill Hill | $2,452 |
| Uptown Oakland | $2,370 |
| Old Oakland | $2,301 |
| Adams Point | $2,265 |
| Grand Lake | $2,166 |
| Lakeside | $1,973 |
| Castlemont | $1,902 |
Oakland | Rent Comparison by Neighborhood
Rent in Downtown Oakland is 36% higher than in Adams Point
Downtown Oakland rent is the same as Oakland average
Adams Point rent is 26% lower than Oakland average
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Downtown Oakland apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.