Average Rent in Central Oakland, Oakland, CA

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Current Versus Historical Central Oakland, Oakland, CA Rents

Central Oakland rentals average $0 for a studio rental to $3,000 for a 2-bedroom rental. The median price of all currently available listings is $2,395, or roughly $3 per square feet.
For the apartment units and housing in May 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $447 (-22.13%) year-over-year from $2,019 to $1,573. 1-bedroom rentals prices have increased by $46 (1.97%) year-over-year from $2,340 to $2,387. 2-bedroom rentals prices have increased by $128 (4.12%) year-over-year from $3,114 to $3,242. 3-bedroom rentals prices have decreased by $1,040 (-26.41%) year-over-year from $3,939 to $2,899. 4-bedroom rentals prices have decreased by $2,804 (-45.98%) year-over-year from $6,099 to $3,295. 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 down by 17.68% this month. 1-bedroom rents have gone down by 3.33% this month. 2-bedroom rents have gone down by 0.03% this month. 3-bedroom rents have gone down by 31.94% 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 (% +/-)
1 BR $3.64 $2,387 $2,340 (1.97%) $2,223 (7.35%)
2 BR $3.11 $3,242 $3,114 (4.12%) $2,878 (12.64%)

Historical Rents in Central Oakland, Oakland, CA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Central Oakland

There are a total of 2 cities nearby Central Oakland. The average rent in Central Oakland is currently $3,205 per month. Our records show that Oakland, CA, with an average rent of $2,495, is the most affordable city nearby. In contrast, the most expensive city near Central Oakland, Oakland, CA is San Francisco, CA. Monthly rents here are on average $3,915 per month.

Let's compare Central Oakland, Oakland, CA's rent against other top cities nearby by bedroom size. Typically, rent for studios in Central Oakland, Oakland, CA is inf% more affordable than other cities nearby. One bedrooms are about 21.49% more affordable. Two bedrooms in Central Oakland, Oakland, CA are about 32.12% more affordable. Finally, rent for three bedrooms are about inf% more affordable. Want more information? Check out the top 2 cities near Central Oakland, Oakland, CA in the following chart.
City Studio 1 Bed 2 Bed All
Oakland, CA $1,748 $2,297 $3,000 $2,495
San Francisco, CA $2,855 $3,490 $4,927 $3,915

Top Neighborhoods Near Central Oakland

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

The average rent for these 1 neighborhoods in or near Central Oakland, Oakland, CA is currently around $4,056 per month. Meaning, only a single neighborhood out of these neighborhoods has a higher average rent. Interestingly, the neighborhoods' average rent is higher than Central Oakland's average rent, which is only $2,395. Out of all the neighborhoods in or near Central Oakland, South of Market has the most affordable average rent at $4,056 per month. Whereas, at $4,056 average rent per month, South of Market is the most expensive neighborhood in or near Central Oakland. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
South of Market, San Francisco, CA $2,917 $3,650 $4,977 $4,056

Top Counties Near Central Oakland

There are a total of 1 counties located by Central Oakland, Oakland, CA. Some of these counties include Alameda, CA, San Mateo, CA, and Contra Costa, CA. The average rent for rentals in these counties is $3,434. That's roughly around $4 per sqft. The county that is the most affordable is Alameda, CA. It's average rent per month is $2,887. Vice versa, with an average rent of $3,915, San Francisco, CA is the most expensive county by Central Oakland, Oakland, CA.

Typically, rent for studios in Central Oakland, Oakland, CA is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Central Oakland, Oakland, CA is 9.50% more affordable than other counties nearby. Finally, rent for two bedrooms in Central Oakland, Oakland, CA is 15.47% more affordable than other counties nearby. We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All
Alameda, CA $2,119 $2,395 $3,233 $2,887
San Mateo, CA $2,620 $2,821 $3,695 $3,367
Contra Costa, CA N/A $2,198 $2,860 $3,500
San Francisco, CA $2,855 $3,490 $4,927 $3,915

Top Zipcodes Near Central Oakland

There are a total of 2 zipcodes in or near Central Oakland, Oakland, CA. The average rent for all of these zipcodes is $4,075.

The following chart includes the top 2 zipcodes in Central Oakland, Oakland, 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 $3,070 $4,392 $5,610 $4,751
94103, San Francisco, CA $2,685 $3,447 $4,175 $3,399

Frequently Asked Questions - Central Oakland Average Rents

What is the average rent price in Central Oakland, Oakland, CA?
The average monthly rental price for Central Oakland, Oakland, CA apartments for rent is approximately $2,395. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Central Oakland, Oakland, 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 Central Oakland, Oakland, CA.
How much is a studio apartment in Central Oakland, Oakland, 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 Central Oakland.
How much is a one bedroom apartment in Central Oakland, Oakland, CA?
The average monthly rental price for one bedroom apartments is $2,382 and an average price per square feet of $3.64. There are a total of 14 one bedroom apartment listings currently available for rent in Central Oakland.
How much is a two bedroom apartment in Central Oakland, Oakland, CA?
The average monthly rental price for two bedroom apartments is $3,000 and an average price per square feet of $3.11. There are a total of 7 two bedroom apartment listings currently available for rent in Central Oakland.
How have rent prices in Central Oakland, Oakland, CA changed this year?
Rent prices for rentals in Central Oakland, Oakland, CA can fluctuate yearly. Specifically, studio rental prices have changed by -0.22%, one bedroom rental prices have changed by 0.02%, two bedroom rental prices have changed by 0.04%, and three bedroom rental prices have changed by -0.26% year-over-year.
What is a reasonable rent price in Central Oakland, Oakland, CA?
A reasonable rent price in Central Oakland, Oakland, CA is around $1,916/month. You can search for these reasonably priced rental listings on RentHop.
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