Baxter on Broadway
4901 Broadway,
Oakland, CA 94611
$2,448 - $2,989 Total Monthly Price
Studio - 3 Beds
Rental Market Trends in Oakland, CA
What is the average rent in Oakland, CA?
$2,101/month
Average Rent
626 Sq Ft
Average Apartment Size
+0.9%
Increase in the Last Year
As of May 2026, the average rent in Oakland, CA is $2,101 per month. This is 28% higher than the national average rent price of $1,641/month, making Oakland one of the most expensive cities in the US. When you rent an apartment in Oakland, you can expect to pay about $1,741 per month for a studio, $2,101 for a one-bedroom apartment, and around $2,733 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $3,292 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Oakland, CA?
In the past year, rent has increased by 0.9%, which averages out to $18 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated May 2026
Legend
2025
2026
Rent Ranges in Oakland, CA
Last Updated May 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
Last Updated Today
What are the most affordable neighborhoods in Oakland?
Based on current rent prices, Lower Hills District, East Lake and East Oakland 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, Oakland Hills and Uptown Oakland .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Oakland, CA?
Because the average rent in Oakland is $2,101, you’ll want to make about $7,003 per month or $84,036 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 32.5% higher than the national average. Generally, housing in Oakland is 56.7% more expensive than the national average, with rent falling between $1,741 - $3,292. You can expect to pay 12.0% more for groceries, 46.7% more for utilities, and 37.4% 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.
Studio
$1,509/month
$1,923/month
One Bedroom
$1,582/month
$2,201/month
Two Bedroom
$1,882/month
$3,347/month
Three Bedroom
$2,815/month
$6,970/month
Nearby City Rent Trends
Apartment communities in Oakland we think you'll love
Property Management Companies in Oakland, CA
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11
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Holland Partner Group
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63
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18,784
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SRG Residential
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30
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6,461
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18
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5 Communities in Oakland
Cushman & Wakefield
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451
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107,334
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225
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Sares-Regis Group
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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 February 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.