Average Rent in Oakland, CA

Current Versus Historical Oakland, CA Rents

Oakland rentals average $2,050 for a 1-bedroom rental to $5,998 for a 4-bedroom rental. The median price of all currently available listings is $2,858, or roughly $3 per square feet.

For the apartment units and housing in October 2024, median rents have fallenover the last year. Studio rentals prices have decreased by $225 (-14.27%) year-over-year from $1,575 to $1,350. 1-bedroom rentals prices have decreased by $108 (-5.52%) year-over-year from $1,963 to $1,855. 2-bedroom rentals prices have decreased by $32 (-1.20%) year-over-year from $2,645 to $2,613. 3-bedroom rentals prices have decreased by $104 (-3.25%) year-over-year from $3,202 to $3,098. 4-bedroom rentals prices have increased by $2,292 (61.84%) year-over-year from $3,707 to $5,999. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 7.34% this month. 1-bedroom rents have gone down by 12.65% this month. 2-bedroom rents have gone down by 8.12% this month. 3-bedroom rents have gone up by 2.32% this month. 4-bedroom rents have gone up by 8.45% this month.

Beds	Price / Sqft	Oct 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
1 BR	$3.00	$1,855	$1,963 (-5.52%)	$1,923 (-3.55%)
2 BR	$2.73	$2,613	$2,645 (-1.20%)	$2,517 (3.83%)
3 BR	$2.54	$3,098	$3,202 (-3.25%)	$3,048 (1.61%)
4+ BR	$2.09	$5,999	$3,707 (61.84%)	$3,963 (51.36%)

Historical Rents in Oakland, CA

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Oakland

There are a total of 2 cities nearby Oakland. The average rent in Oakland is currently $3,811 per month. Our records show that San Mateo, CA, with an average rent of $3,695, is the most affordable city nearby. In contrast, the most expensive city near Oakland, CA is San Francisco, CA. Monthly rents here are on average $3,927 per month.

Let's compare Oakland, CA's rent against other top cities nearby by bedroom size. Typically, rent for studios in Oakland, CA is inf% more affordable than other cities nearby. One bedrooms are about 40.88% more affordable. Two bedrooms in Oakland, CA are about 37.73% more affordable. Finally, rent for three bedrooms are about 64.33% more affordable. Want more information? Check out the top 2 cities near Oakland, CA in the following chart.

City	Studio	1 Bed	2 Bed	All
San Mateo, CA	N/A	$2,660	$3,623	$3,695
San Francisco, CA	$2,853	$3,116	$4,366	$3,927

Top Neighborhoods Near Oakland

There are a total of 1 neighborhoods in or near Oakland. We've included all of these top 1 neighborhoods in or near Oakland, CA in the following chart.

The average rent for these 1 neighborhoods in or near Oakland, CA is currently around $3,930 per month. Meaning, only a single neighborhood out of these neighborhoods has a higher average rent. Interestingly, the neighborhoods' average rent is higher than Oakland's average rent, which is only $2,858. Out of all the neighborhoods in or near Oakland, South of Market has the most affordable average rent at $3,930 per month. Whereas, at $3,930 average rent per month, South of Market is the most expensive neighborhood in or near Oakland. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
South of Market, San Francisco, CA	$2,935	$3,186	$4,395	$3,930

Top Counties Near Oakland

There are a total of 1 counties located by Oakland, CA. Some of these counties include Alameda, CA, Contra Costa, CA, and San Francisco, CA. The average rent for rentals in these counties is $3,661. That's roughly around $3 per sqft. The county that is the most affordable is Alameda, CA. It's average rent per month is $2,918. Vice versa, with an average rent of $3,995, San Mateo, CA is the most expensive county by Oakland, CA.

Typically, rent for studios in Oakland, CA is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Oakland, CA is 22.90% more affordable than other counties nearby. Finally, rent for two bedrooms in Oakland, CA is 12.07% more affordable than other counties nearby. We've listed all of these counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Alameda, CA	$2,150	$2,300	$2,900	$2,918
Contra Costa, CA	$1,698	$2,195	$2,650	$3,395
San Francisco, CA	$2,853	$3,116	$4,366	$3,927
San Mateo, CA	$2,200	$2,739	$3,600	$3,995

Top Zipcodes Near Oakland

You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All

Frequently Asked Questions - Oakland Average Rents

What is the average rent price in Oakland, CA?

The average monthly rental price for Oakland, CA apartments for rent is approximately $2,858. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Oakland, CA rent prices drop in winter?

Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Oakland, CA.

How much is a studio apartment in Oakland, CA?

The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 0 studio apartment listings currently available for rent in Oakland.

How much is a one bedroom apartment in Oakland, CA?

The average monthly rental price for one bedroom apartments is $2,050 and an average price per square feet of $3.00. There are a total of 22 one bedroom apartment listings currently available for rent in Oakland.

How much is a two bedroom apartment in Oakland, CA?

The average monthly rental price for two bedroom apartments is $2,900 and an average price per square feet of $2.73. There are a total of 25 two bedroom apartment listings currently available for rent in Oakland.

How have rent prices in Oakland, CA changed this year?

Rent prices for rentals in Oakland, CA can fluctuate yearly. Specifically, studio rental prices have changed by -0.14%, one bedroom rental prices have changed by -0.06%, two bedroom rental prices have changed by -0.01%, and three bedroom rental prices have changed by -0.03% year-over-year.

What is a reasonable rent price in Oakland, CA?

A reasonable rent price in Oakland, CA is around $2,286/month. You can search for these reasonably priced rental listings on RentHop.