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Average Rent in 94703, Berkeley, CA

Home  »  CA  »  Berkeley  »  94703

Current Versus Historical 94703, Berkeley, CA Rents

94703 rentals average $0 for a 1-bedroom rental to $0 for a 2-bedroom rental. The median price of all currently available listings is $2,845, or roughly $4 per square feet.
For the apartment units and housing in May 2024, median rents have risen over the last year. Studio rentals prices have decreased by $328 (-15.80%) year-over-year from $2,078 to $1,750. 1-bedroom rentals prices have increased by $147 (7.32%) year-over-year from $2,003 to $2,150. 2-bedroom rentals prices have decreased by $537 (-20.39%) year-over-year from $2,632 to $2,095. 3-bedroom rentals prices have decreased by $527 (-12.93%) year-over-year from $4,074 to $3,548. 4-bedroom rentals prices have decreased by $297 (-5.03%) year-over-year from $5,897 to $5,600. 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 up by 3.04% this month. 1-bedroom rents have gone down by 0.58% this month. 2-bedroom rents have gone down by 15.58% this month. 3-bedroom rents have gone up by 1.45% this month. 4-bedroom rents have gone down by 0.00% this month.
Beds
Price / Sqft
 May 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)

Historical Rents in 94703, Berkeley, CA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 94703

There are a total of 1 cities nearby 94703. The average rent in 94703 is currently $3,980 per month. Our records show that San Francisco, CA, with an average rent of $3,980, is the most affordable city nearby. In contrast, the most expensive city near 94703, Berkeley, CA is San Francisco, CA. Monthly rents here are on average $3,980 per month.

Let's compare 94703, Berkeley, CA's rent against other top cities nearby by bedroom size. Typically, rent for studios in 94703, Berkeley, CA is inf% more affordable than other cities nearby. One bedrooms are about inf% more affordable. Two bedrooms in 94703, Berkeley, CA are about inf% more affordable. Finally, rent for three bedrooms are about inf% more affordable. Want more information? Check out the top 1 cities near 94703, Berkeley, CA in the following chart.
City Studio 1 Bed 2 Bed All
San Francisco, CA $2,840 $3,526 $4,900 $3,980

Top Neighborhoods Near 94703

There are a total of 1 neighborhoods in or near 94703. We've included all of these top 1 neighborhoods in or near 94703, Berkeley, CA in the following chart.

The average rent for these 1 neighborhoods in or near 94703, Berkeley, CA is currently around $4,091 per month. Meaning, only a single neighborhood out of these neighborhoods has a higher average rent. Interestingly, the neighborhoods' average rent is higher than 94703's average rent, which is only $2,845. Out of all the neighborhoods in or near 94703, South of Market has the most affordable average rent at $4,091 per month. Whereas, at $4,091 average rent per month, South of Market is the most expensive neighborhood in or near 94703. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
South of Market, San Francisco, CA $2,940 $3,708 $4,916 $4,091

Top Counties Near 94703

There are a total of 1 counties located by 94703, Berkeley, CA.

We've listed the top 0 counties in the chart below.
County Studio 1 Bed 2 Bed All

Top Zipcodes Near 94703

There are a total of 2 zipcodes in or near 94703, Berkeley, CA. The average rent for all of these zipcodes is $4,119.

The following chart includes the top 2 zipcodes in 94703, Berkeley, CA. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
94105, San Francisco, CA $3,180 $4,476 $5,588 $4,798
94103, San Francisco, CA $2,718 $3,437 $4,129 $3,440

Frequently Asked Questions - 94703 Average Rents

What is the average rent price in 94703, Berkeley, CA?
The average monthly rental price for 94703, Berkeley, CA apartments for rent is approximately $2,845. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 94703, Berkeley, 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 94703, Berkeley, CA.
How much is a studio apartment in 94703, Berkeley, 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 94703.
How much is a one bedroom apartment in 94703, Berkeley, CA?
The average monthly rental price for one bedroom apartments is $0 and an average price per square feet of $0.00. There are a total of 1 one bedroom apartment listings currently available for rent in 94703.
How much is a two bedroom apartment in 94703, Berkeley, CA?
The average monthly rental price for two bedroom apartments is $0 and an average price per square feet of $0.00. There are a total of 1 two bedroom apartment listings currently available for rent in 94703.
How have rent prices in 94703, Berkeley, CA changed this year?
Rent prices for rentals in 94703, Berkeley, CA can fluctuate yearly. Specifically, studio rental prices have changed by -0.16%, one bedroom rental prices have changed by 0.07%, two bedroom rental prices have changed by -0.20%, and three bedroom rental prices have changed by -0.13% year-over-year.
What is a reasonable rent price in 94703, Berkeley, CA?
A reasonable rent price in 94703, Berkeley, CA is around $2,276/month. You can search for these reasonably priced rental listings on RentHop.
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