Average Rent in Berkeley, CA

Home  »  CA  »  Berkeley

Current Versus Historical Berkeley, CA Rents

Berkeley rentals average $1,950 for a 1-bedroom rental to $0 for a 3-bedroom rental. The median price of all currently available listings is $2,438, or roughly $41 per square feet.
For the apartment units and housing in October 2023, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $1,310 (-40.81%) year-over-year from $3,210 to $1,900. 1-bedroom rentals prices have decreased by $37 (-1.71%) year-over-year from $2,187 to $2,150. 2-bedroom rentals prices have decreased by $87 (-3.25%) year-over-year from $2,672 to $2,585. 3-bedroom rentals prices have increased by $831 (17.81%) year-over-year from $4,669 to $5,500. 4-bedroom rentals prices have increased by $3,086 (113.69%) year-over-year from $2,714 to $5,800. 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 0.88% this month. 1-bedroom rents have gone up by 2.42% this month. 2-bedroom rents have gone down by 3.84% this month. 3-bedroom rents have gone up by 15.42% this month. 4-bedroom rents have gone up by 5.78% this month.
Beds
Price / Sqft
Oct 2023 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $44 $2,150 $2,187 (-1.71%) $1,957 (9.88%)
2 BR $42 $2,585 $2,672 (-3.25%) $2,583 (0.10%)

Historical Rents in Berkeley, CA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Berkeley

There are a total of 1 cities nearby Berkeley. The average rent in Berkeley is currently $3,990 per month. Our records show that San Francisco, CA, with an average rent of $3,990, is the most affordable city nearby. In contrast, the most expensive city near Berkeley, CA is San Francisco, CA. Monthly rents here are on average $3,990 per month.

Let's compare Berkeley, CA's rent against other top cities nearby by bedroom size. Typically, rent for studios in Berkeley, CA is inf% more affordable than other cities nearby. One bedrooms are about 79.10% more affordable. Two bedrooms in Berkeley, CA are about 99.33% more affordable. Finally, rent for three bedrooms are about inf% more affordable. Want more information? Check out the top 1 cities near Berkeley, CA in the following chart.
City Studio 1 Bed 2 Bed All
San Francisco, CA $2,729 $3,493 $4,874 $3,990

Top Neighborhoods Near Berkeley

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

The average rent for these 1 neighborhoods in or near Berkeley, CA is currently around $3,912 per month. Meaning, only a single neighborhood out of these neighborhoods has a higher average rent. Interestingly, the neighborhoods' average rent is higher than Berkeley's average rent, which is only $2,438. Out of all the neighborhoods in or near Berkeley, South of Market has the most affordable average rent at $3,912 per month. Whereas, at $3,912 average rent per month, South of Market is the most expensive neighborhood in or near Berkeley. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
South of Market, San Francisco, CA $2,846 $3,560 $4,895 $3,912

Top Counties Near Berkeley

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

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

Top Zipcodes Near Berkeley

There are a total of 3 zipcodes in or near Berkeley, CA. The average rent for all of these zipcodes is $3,598.

The following chart includes the top 3 zipcodes in 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 $3,242 $4,150 $5,635 $4,738
94158, San Francisco, CA $2,811 $3,560 $4,726 $3,598
94103, San Francisco, CA $2,700 $3,195 $3,799 $3,231

Frequently Asked Questions - Berkeley Average Rents

What is the average rent price in Berkeley, CA?
The average monthly rental price for Berkeley, CA apartments for rent is approximately $2,438. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 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 Berkeley, CA.
How much is a studio apartment in 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 Berkeley.
How much is a one bedroom apartment in Berkeley, CA?
The average monthly rental price for one bedroom apartments is $1,950 and an average price per square feet of $44.00. There are a total of 3 one bedroom apartment listings currently available for rent in Berkeley.
How much is a two bedroom apartment in Berkeley, CA?
The average monthly rental price for two bedroom apartments is $2,445 and an average price per square feet of $41.57. There are a total of 4 two bedroom apartment listings currently available for rent in Berkeley.
How have rent prices in Berkeley, CA changed this year?
Rent prices for rentals in Berkeley, CA can fluctuate yearly. Specifically, studio rental prices have changed by -0.41%, one bedroom rental prices have changed by -0.02%, two bedroom rental prices have changed by -0.03%, and three bedroom rental prices have changed by 0.18% year-over-year.
What is a reasonable rent price in Berkeley, CA?
A reasonable rent price in Berkeley, CA is around $1,950/month. You can search for these reasonably priced rental listings on RentHop.
Fair Housing and Equal Opportunity
Fair Housing and Equal Opportunity
© 2009 - 2023 RentHop.com™