1900 Broadway
1900 Broadway,
Oakland, CA 94612
Studio - 3 Beds | $2,001 - $6,277
Rental Market Trends in Oakland, CA
What is the average rent in Oakland, CA?
$2,055/month
Average Rent
621 Sq Ft
Average Apartment Size
-1.7%
Decrease in the Last Year
As of December 2024, the average rent in Oakland, CA is $2,055 per month. This is 32% higher than the national average rent price of $1,560/month, making Oakland one of the most expensive cities in the US. When you rent an apartment in Oakland, you can expect to pay about $1,670 per month for a studio, $2,055 for a one-bedroom apartment, and around $2,634 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $3,402 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Oakland, CA?
In the past year, rent has decreased by 1.7%, which averages out to $35 less per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated December 2024
Legend
2023
2024
Rent Ranges in Oakland, CA
Last Updated December 2024
Above $2,000
Most rental prices fall within this range
Percentage*
Rent Range
2%
Below $700/month
17%
$700 - $1,000/month
26%
$1,001 - $1,500/month
21%
$1,501 - $2,000/month
33%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Oakland?
Based on current rent prices, Lower Hills District, Rockridge and Northeast Oakland Hills are the most affordable neighborhoods in Oakland.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Oakland?
Based on current rent prices, Produce and Waterfront, Mosswood and Longfellow are the most expensive neighborhoods in Oakland.
Neighborhood
Average Rent
Average Sq Ft
Which Oakland neighborhoods have the most rentals available?
The neighborhoods in Oakland with the most apartments available are Downtown Oakland, Uptown Oakland and Westlake .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Oakland, CA?
Because the average rent in Oakland is $2,055, you’ll want to make about $6,850 per month or $82,200 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Oakland, CA compare to other nearby cities and neighborhoods?
Use the tool below to compare Oakland, CA to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
$1,491/month
$2,374/month
One Bedroom
$1,489/month
$2,607/month
Two Bedroom
$1,851/month
$3,375/month
Three Bedroom
$2,755/month
$4,792/month
Nearby City Rent Trends
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3,194
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885,848
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-
13
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1,195
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-
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SG Real Estate
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10
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486
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Holland Partner Group
-
66
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Bozzuto
-
353
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108,638
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151
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Essex
-
148
Communities
-
45,801
Units
-
66
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4 Communities in Oakland
FPI Management
-
597
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-
103,984
Units
-
215
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3 Communities in Oakland
Equity Residential
-
183
Communities
-
58,530
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-
82
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Methodology
† 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.
* Percentages may not total 100 due to rounding.