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102 Studio Apartments for rent in Berkeley, CA

Last updated November 21 at 5:58pm UTC
1122U
1122 University Ave
Berkeley, CA
Updated November 21 at 5:03pm UTC
Studio
$2,369
2555 Le Conte Ave
Northside
Berkeley, CA
Updated November 15 at 11:53am UTC
Studio
$1,995
Results within 5 miles of Berkeley, CA
Telegraph Lofts
2633 Telegraph Avenue
Oakland, CA
Updated November 21 at 1:00pm UTC
Studio
$2,900
Nook on Valdez
2425 Valdez Street
Oakland, CA
Updated November 21 at 5:58pm UTC
Studio
$1,715
Fourth Street East
180 Third St
Oakland, CA
Updated November 21 at 5:03pm UTC
Studio
$2,775
Lampwork Lofts
1614 Campbell St
Oakland, CA
Updated November 21 at 1:20pm UTC
Studio
$2,125
Hollis Oak
3250 Hollis Street
Oakland, CA
Updated November 21 at 2:23pm UTC
Studio
$2,135

November 2018 Berkeley Rent Report

Welcome to the November 2018 Berkeley Rent Report. Berkeley rents increased over the past month. In this report, we'll evaluate trends in the Berkeley rental market, including comparisons to cities throughout the metro, state, and nation.

View full Berkeley Rent Report
Rent Report
Berkeley

November 2018 Berkeley Rent Report

Welcome to the November 2018 Berkeley Rent Report. Berkeley rents increased over the past month. In this report, we'll evaluate trends in the Berkeley rental market, including comparisons to cities throughout the metro, state, and nation.

Berkeley rents increase sharply over the past month

Berkeley rents have increased 0.7% over the past month, and are up slightly by 1.2% in comparison to the same time last year. Currently, median rents in Berkeley stand at $2,060 for a one-bedroom apartment and $2,590 for a two-bedroom. Berkeley's year-over-year rent growth lags the state average of 1.3%, but exceeds the national average of 1.1%.

Rents rising across the San Francisco Metro

Throughout the past year, rent increases have been occurring not just in the city of Berkeley, but across the entire metro. Of the largest 10 cities that we have data for in the San Francisco metro, 9 of them have seen prices rise. Here's a look at how rents compare across some of the largest cities in the metro.

  • Richmond has seen the fastest rent growth in the metro, with a year-over-year increase of 4.4%. The median two-bedroom there costs $2,680, while one-bedrooms go for $2,130.
  • Over the past month, Concord has seen the biggest rent drop in the metro, with a decline of 1.9%. Median two-bedrooms there cost $3,080, while one-bedrooms go for $2,450.
  • Oakland has the least expensive rents in the San Francisco metro, with a two-bedroom median of $2,250; rents decreased 1.4% over the past month but were up 1.9% over the past year.
  • San Mateo has the most expensive rents of the largest cities in the San Francisco metro, with a two-bedroom median of $4,430; rents increased 3.4% over the past year but remained flat month-over-month.

Many large cities nationwide show more affordable rents compared to Berkeley

As rents have increased slightly in Berkeley, a few large cities nationwide have seen rents grow more quickly. Compared to most large cities across the country, Berkeley is less affordable for renters.

  • Rents increased slightly in other cities across the state, with California as a whole logging rent growth of 1.3% over the past year. For example, rents have grown by 2.7% in San Jose, 1.3% in Los Angeles, and 0.9% in San Diego.
  • Berkeley's median two-bedroom rent of $2,590 is above the national average of $1,180. Nationwide, rents have grown by 1.1% over the past year compared to the 1.2% rise in Berkeley.
  • While Berkeley's rents rose slightly over the past year, the city of Seattle saw a decrease of 1.3%.
  • Renters will generally find more expensive prices in Berkeley than most large cities. For example, Phoenix has a median 2BR rent of $1,050, where Berkeley is nearly two-and-a-half times that price.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.
City Median 1BR price Median 2BR price M/M price change Y/Y price change
San Francisco $2,470 $3,100 -0.3% 1.2%
Oakland $1,790 $2,250 -1.4% 1.9%
Fremont $2,960 $3,710 0.3% 3.6%
Hayward $2,290 $2,880 0.2% 3.0%
Concord $2,450 $3,080 -1.9% 2.5%
Berkeley $2,060 $2,590 0.7% 1.2%
Richmond $2,130 $2,680 -1.0% 4.4%
Antioch $2,870 $3,610 -0.5% -0.5%
Daly City $2,470 $3,110 0.2% 4.1%
San Mateo $3,520 $4,430 0.0% 3.4%
See more

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.