Baxter on Broadway
4901 Broadway,
Oakland, CA 94611
Studio - 3 Beds | $2,704 - $2,711
Rental Market Trends in Oakland, CA
Updated August 2026
The average rent in Oakland, CA is $2,213/month.
Rent in Oakland is 33% higher than the national average rent of $1,663/month, making this one of the more expensive cities statewide.
$2,213/month
Average Rent
629 Sq Ft
Average Size
+4.2%
Change / Year
3,594
Available Apartments
Oakland rent varies by unit size and layout:
- Studio apartments in Oakland average $1,834 per month.
- One-bedroom apartments in Oakland average $2,213 per month.
- Two-bedroom apartments in Oakland average $2,863 per month.
- Three-bedroom apartments in Oakland average $3,407 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Oakland, CA?
In the past year, rent has increased by 4.2%, which averages out to $92 more per month.
Market Trends Over Time
August 2026
2025
2026
Rent Ranges in Oakland, CA
August 2026
Above $2,000
Most rental prices fall within this range
Percentage*
Rent Range
2%
Below $700/month
15%
$700 - $1,000/month
27%
$1,001 - $1,500/month
21%
$1,501 - $2,000/month
35%
Above $2,000/month
Rent by Neighborhood
What are the most affordable neighborhoods in Oakland?
Based on current rent prices, Middle East Oakland, East Lake and Piedmont Avenue 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, Mosswood, Temescal 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 Lakeside .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Oakland, CA?
Because the average rent in Oakland is $2,213, you’ll want to make about $7,376 per month or $88,512 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.
Cost of Living
The cost of living in Oakland, CA is 32.4% higher than the national average. Generally, housing in Oakland is 55.7% more expensive than the national average, with rent falling between $1,834 - $3,407. You can expect to pay 13.8% more for groceries, 44.4% more for utilities, and 38.1% more for transportation.
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.
View the Oakland Area GuideStudio
$1,102/month
$1,967/month
One Bedroom
$1,330/month
$2,659/month
Two Bedroom
$1,347/month
$3,714/month
Three Bedroom
$1,506/month
$7,351/month
Compare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
Apartment Communities in Oakland We Think You'll Love
Rental management, simplified
Our all-in-one suite of property manangement software makes the rental process easy. Screen tenants, manage payments, and more – all on Apartments.com
Guides for Managing Your Rental
Frequently Asked Questions
What is the average rent in Oakland?
The average rent in Oakland is $2,213 per month, which is 33.1% higher than the national average of $1,663.
What is the average rent for a house in Oakland?
The average rent for a house in Oakland, CA is $4,894 per month.
What is the average rent for a townhome in Oakland?
The average rent for a townhome in Oakland, CA is $3,021 per month.
What is the average rent for a condo in Oakland?
The average rent for a condo in Oakland, CA is $2,435 per month.
Are rents going up or down in Oakland?
Rents in Oakland, CA are increasing, with prices up 4.2% year-over-year and $92 more per month.
What rent range is most common in Oakland?
In Oakland, CA, 35% of apartments fall above $2,000/month, though prices may vary depending on location and other factors.
Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
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.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.
* Percentages may not total 100 due to rounding.