Residences at Lake Merritt
1940 Webster St,
Oakland, CA 94612
$1,809 - $2,925 | Studio - 2 Beds
Oakland
Oakland, CA
Area Guide
Love life in the premier city of the East Bay
Historic
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Diverse
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Sports
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Stadium
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Sitting directly across the I-80 from San Francisco, Oakland is a thriving city in its own right, and in recent years has become a popular home for folks seeking more affordable (and available) living arrangements than what is available across the bay without sacrificing the distinctive atmosphere.
While shipping is still a major part of the local economy, Oakland is home to the corporate headquarters for everything from established consumer brands to younger tech businesses. The cultural diversity of the city is vast, meaning that it’s easy to find art, food, and people from every corner of the world by just walking down the street.
California College of the Arts brings a creative streak to the community, which is reflected in the eclectic shops and cafes along College Avenue; In the Mosswood area, an eclectic mix of coffee houses, taverns, arts centers, and international restaurants line Telegraph Avenue, which runs all the way up to the UC Berkeley campus. Oakland is also home to famous tourist attractions that are well worth your time as well, including the Oakland Zoo, the Oakland Art Museum, and East Bay regional Park.
Let Apartments.com help you find the ideal Oakland apartment for rent. Whether you're looking for a simple Oakland apartment, want to find the best pet friendly Oakland Apartment or you're looking for cheap Oakland apartments, we have the tools to help you discover your new home.
Explore the City
Downtown Oakland from Lake Merritt
Oakland City Center contains shops, hotels, and other businesses
Evening view of Oakland
Rent Trends
As of April 2025, the average apartment rent in Oakland, CA is $1,682 for a studio, $2,067 for one bedroom, $2,684 for two bedrooms, and $3,373 for three bedrooms. Apartment rent in Oakland has increased by 1.1% in the past year.
Property Type
Average Rent
Average Sq Ft
Apartment
$2,067/month
625 Sq Ft
House
$3,914/month
1,225 Sq Ft
Condo
$2,713/month
746 Sq Ft
Townhome
$2,840/month
964 Sq Ft
Cost of Living
The cost of living in Oakland, CA is 39.5% higher than the national average. Generally, housing in Oakland is 82.4% more expensive than the national average, with rent falling between $1,682 - $3,373. You can expect to pay 16.2% more for groceries, 45.2% more for utilities, and 37.5% more for transportation.
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Transportation
84
Very Walkable
out of 100 WalkScore® Rating
If you enjoy walking, you’ll enjoy renting in this area! It’s a very walkable neighborhood.
63
Good Transit
out of 100 TransitScore® Rating
The area around this property has good transit with many nearby transportation options.
77
Very Bikeable
out of 100 BikeScore® Rating
This area is very bikeable. You’ll find a variety of bike paths and lanes.
Schools
Public
Grades K-5
705 Students
9
Public
Grades K-5
369 Students
9
Public
Grades K-5
422 Students
8
Public
Grades K-5
268 Students
8
Public
Grades K-5
567 Students
7
Public
Grades 6-8
781 Students
7
Public
Grades 6-12
424 Students
7
Public
Grades K-8
345 Students
7
Public
Grades 6-8
487 Students
6
Public
Grades K-8
656 Students
5
Public
Grades 9-12
1,796 Students
7
Public
Grades 6-12
424 Students
7
Public
Grades 9-12
1,590 Students
5
Public
Grades 9-12
1,531 Students
4
Public
Grades 6-12
700 Students
4
School data provided by
GreatSchools
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
Points of Interest
Shopping Centers
Parks and Recreation
- Lakeside Park
- Rotary Nature Center
- Oakland Museum of California
- Lakeside Park Garden Center
- Morcom Rose Garden
Commuter Rail
Military Bases
Airports
- Metro Oakland International
- San Francisco International
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Living in Oakland
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2025.