Rent in Oakland is, on average, 17.58% lower than in New York. Cost of living index in Oakland is 9.60% lower than in New York. Average Rent in Oakland, CA Last updated February 2020 The average size for a Oakland, CA apartment is 792 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. As of November 2020, the average apartment rent in Oakland, CA is $1,667 for a studio, $2,974 for one bedroom, $2,871 for two bedrooms, and $2,124 for three bedrooms. The average rent for a 1-bedroom apartment apartment in Oakland, CA is currently $1,995. The most expensive neighborhoods in Oakland are Oak Center ($3,225), Port of Oakland ($3,225) and Prescott ($3,225). 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. The average size for a Oakland, CA apartment is 792 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. One bedroom apartments in Oakland rent for $2447 a month on average (a 7.72% decrease from last year) and two bedroom apartment rents average $3308 (a 3.48% decrease from last year). As of October 2020, average rent for an apartment in Oakland, CA is $2862 which is a 6.22% decrease from last year when the average rent was $3040 , and a 1.19% increase from last month when the average rent was $2828. The most expensive Oakland neighborhoods to rent apartments in are Waverly, San Pablo Gateway, and Northgate. Oakland Average Rent As of June 2020, average rent for an apartment in Oakland, MD is $672 which is a 10.71% increase from last year when the average rent was $600, and a 3.13% decrease from last month when the average rent was $693. An apartment for rent in Oakland city, California typically goes for $2,930 per month, while a single-family home for rent in Oakland city, California has a monthly cost of around $4,758. The most popular neighborhood in Oakland is Adams Point, where there are 6 verified RENTCafé listings with an average rent of $2,295. Rent Trends. Curious about listings in your area? Check out California Cities, California Neighborhoods and California Zip Codes for more details on verified listings, including the California Average Rent. See our Oakland neighborhood apartment listings. Disclaimer: Covid-19 may have impacted rent prices in a way that is not yet reflected in our reports. The average rent for an apartment in Oakland is $2,930, a 6% increase compared to the previous year. As of October 2020, average rent for an apartment in Oakland, CA is $2862 which is a 6.22% decrease from last year when the average rent was $3040 , and a 1.19% increase from last month when the average rent was $2828. This is a 20% decrease compared to the previous year. When referencing the data published on this page, please keep in mind that the data provided here may not accurately depict the current reality of the market. The rental statistics on this page were compiled using data provided by our sister company. Cost of living rank 27th out of 589 cities in the world. A single person monthly costs: 1,168.85$ without rent. Check out our apartments near you for more details! The average rent for a 1-bedroom apartment apartment in Uptown, Oakland, CA is currently $2,068. If you’re looking for other great deals, check out the listings from Harrington ($1,520), Hawthorne ($1,520), and Jefferson ($1,520), where the asking prices are below the average Oakland rent of $2,930/mo. The most affordable neighborhoods in Oakland are Fairfax, where the average rent goes for $1,520/month, Fremont, where renters pay $1,520/mo on average, and Fruitvale Station, where the average rent goes for $1,520/mo. 73,080 or 45% of the households in Oakland, CA are renter-occupied while 88,403 or 54% are owner-occupied. Apartment rent in Oakland has increased by 15.5% in the past year. Renter-occupied units make up 60% of the local housing market, while the rental vacancy rate in Oakland city, California is at 2.2. The average rent for an apartment in Oakland is $2,930, a 6% increase compared to the previous year. Next up is Oak Tree, where apartments go for $1,520/month, followed by Jack London with $3,225 If you’re looking to rent in Oakland’s most popular neighborhoods, make sure to also check out Jingletown, where renters pay $2,843 on average, and Merritt, where the average monthly rent is $2,973. The cheapest Oakland neignborhoods to rent apartments in are Rancho San Antonio, Lakewide, and Clinton. This is a 22% decrease compared to the previous year. Oakland city, California See our listings of Oakland Apartments, The average apartment rent over the prior 6 months in Oakland has decreased by $60 (-2.1%) One bedroom units have decreased by $50 (-2%) and two bedroom apartments have decreased by $39 (-1.2%). Acorn rent is 10% higher than Oakland average, Adams Point rent is 22% lower than Oakland average, For more information about the Oakland rental trends, check out our monthly rent report.
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