Average Rent in 94704, Berkeley, CA

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Current Versus Historical 94704, Berkeley, CA Rents

94704 rentals average $0 for a studio rental to $0 for a 3-bedroom rental. The median price of all currently available listings is $3,445, or roughly $5 per square feet.
For the apartment units and housing in April 2024, median rents have risen over the last year. Studio rentals prices have increased by $2 (0.10%) year-over-year from $1,993 to $1,995. 1-bedroom rentals prices have increased by $138 (6.37%) year-over-year from $2,158 to $2,295. 2-bedroom rentals prices have increased by $30 (0.92%) year-over-year from $3,265 to $3,295. 3-bedroom rentals prices have increased by $272 (6.42%) year-over-year from $4,228 to $4,500. 4-bedroom rentals prices have increased by $649 (11.39%) year-over-year from $5,698 to $6,348. 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 1.70% this month. 1-bedroom rents have gone down by 5.49% this month. 2-bedroom rents have gone down by 1.00% this month. 3-bedroom rents have gone up by 1.77% this month. 4-bedroom rents have gone down by 1.58% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)

Historical Rents in 94704, Berkeley, CA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 94704

There are a total of 2 cities nearby 94704. The average rent in 94704 is currently $3,227 per month. Only one city nearby has an average rent lower than that. Our records show that Oakland, CA, with an average rent of $2,654, is the most affordable city nearby. In contrast, the most expensive city near 94704, Berkeley, CA is San Francisco, CA. Monthly rents here are on average $3,800 per month.

Let's compare 94704, Berkeley, CA's rent against other top cities nearby by bedroom size. Typically, rent for studios in 94704, Berkeley, CA is inf% more affordable than other cities nearby. One bedrooms are about inf% more affordable. Two bedrooms in 94704, Berkeley, CA are about inf% more affordable. Finally, rent for three bedrooms are about inf% more affordable. Want more information? Check out the top 2 cities near 94704, Berkeley, CA in the following chart.
City Studio 1 Bed 2 Bed All
Oakland, CA $1,995 $2,295 $3,000 $2,654
San Francisco, CA $2,745 $3,452 $4,880 $3,800

Top Neighborhoods Near 94704

There are a total of 1 neighborhoods in or near 94704. We've included all of these top 1 neighborhoods in or near 94704, Berkeley, CA in the following chart.

The average rent for these 1 neighborhoods in or near 94704, Berkeley, CA is currently around $3,921 per month. Meaning, only a single neighborhood out of these neighborhoods has a higher average rent. Interestingly, the neighborhoods' average rent is higher than 94704's average rent, which is only $3,445. Out of all the neighborhoods in or near 94704, South of Market has the most affordable average rent at $3,921 per month. Whereas, at $3,921 average rent per month, South of Market is the most expensive neighborhood in or near 94704. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
South of Market, San Francisco, CA $2,795 $3,550 $4,968 $3,921

Top Counties Near 94704

There are a total of 1 counties located by 94704, Berkeley, CA.

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

Top Zipcodes Near 94704

There is one zipcode in or near 94704, Berkeley, CA. The average rent for this zipcode is $4,607.

The following chart includes the zipcode in or near 94704, 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 $2,882 $4,328 $5,400 $4,607

Frequently Asked Questions - 94704 Average Rents

What is the average rent price in 94704, Berkeley, CA?
The average monthly rental price for 94704, Berkeley, CA apartments for rent is approximately $3,445. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 94704, 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 94704, Berkeley, CA.
How much is a studio apartment in 94704, 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 1 studio apartment listings currently available for rent in 94704.
How much is a one bedroom apartment in 94704, 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 94704.
How much is a two bedroom apartment in 94704, 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 94704.
How have rent prices in 94704, Berkeley, CA changed this year?
Rent prices for rentals in 94704, Berkeley, CA can fluctuate yearly. Specifically, studio rental prices have changed by 0.00%, one bedroom rental prices have changed by 0.06%, two bedroom rental prices have changed by 0.01%, and three bedroom rental prices have changed by 0.06% year-over-year.
What is a reasonable rent price in 94704, Berkeley, CA?
A reasonable rent price in 94704, Berkeley, CA is around $2,756/month. You can search for these reasonably priced rental listings on RentHop.
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