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Average Rent in Oakland & Rent Price Trends

By: Kimi Kaneshina, Rob Warnock, and Justin Chaplin
June 1, 2021

Considering a move to Oakland? Before you start apartment hunting, learn about the local rental market. Make sure you know the average rent in Oakland to get your budget started!

Average Rent in Oakland

Oakland rents have increased by 1.63% compared to last month, and are down by 11.30% compared to last year.

For a broader discussion of rent changes across the country, check out our National Rent Report. You can download the raw data containing rent estimates for hundreds of cities across the country.

  • 0% of apartments in Oakland cost less than $1,000 per month.
  • 5% of apartments in Oakland cost between $1,000-$1,999 per month.
  • 44% of apartments in Oakland cost between $2,000-$2,999 per month.
  • 51% of apartments in Oakland cost over $3,000 per month.

  • 18% of apartments in Oakland are studio apartments.
  • 48% of apartments in Oakland are 1-bedroom apartments.
  • 30% of apartments in Oakland are 2-bedroom apartments.
  • 5% of apartments in Oakland are 3-bedroom apartments.

Average Rent in Oakland Neighborhoods

Have your ideal Oakland neighborhood already picked out? Rent prices across neighborhoods can vary, so get familiar with the average rent prices across the various neighborhoods in Oakland.

NeighborhoodAverage 1- Bedroom Rent
Downtown Oakland$3,206
Harrison St-Oakland Ave$2,837
Produce and Waterfront$2,696
Mosswood$2,624
Koreatown-Northgate$2,611

What Salary Do You Need to Live in Oakland?

Using the 30% rule, we can give a rough estimate of the salary needed to rent an apartment in Oakland. If these numbers look high, remember that a roommate or two can drastically cut down your monthly rent!

  • If you are renting an average priced studio apartment in Oakland, your annual salary should be around $86,580 or higher.
  • If you are renting an average priced 1-bedroom apartment in Oakland, your annual salary should be around $104,724 or higher.
  • If you are renting an average priced 2-bedroom apartment in Oakland, your annual salary should be around $137,412 or higher.
  • If you are renting an average priced 3-bedroom apartment in Oakland, your annual salary should be around $155,844 or higher.

Having trouble deciding how much rent you can afford? Try using a rent calculator.

Ready to make the move to Oakland? Learn how to find an apartment in the East Bay. Then, start apartment hunting in Oakland with our quiz!

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AUTHOR
Kimi is a Content Associate and contributing author at Apartment List, helping renters find a new place to call home. Kimi earned her BA in Organizational Studies, Economics from Scripps College. Read More
SENIOR RESEARCH ASSOCIATE
Rob is a senior research associate at Apartment List, where he examines trends in the housing and rental markets. Previously he worked in public health policy, and before that, graduated from UCLA with a degree in Globalization. Read More
AUTHOR
Justin is a Content Manager and contributing author at Apartment List, helping people navigate the world of renting. Justin previously spent his time earning his BBA in Marketing from Boise State University. Read More
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