Rental prices in Lake Merritt, Oakland, CA have increased by 3.28% over the past year. The average rent moved from $3,912 to $4,040.
Check out the average rent in Oakland.
The national average price of rental apartments is $1,740, while the average monthly rent in Lake Merritt, Oakland, CA is $4,040.
The average monthly rent for an apartment in Lake Merritt, Oakland, CA is around $4,040.
A share of 24% of apartments in Lake Merritt, Oakland, CA have the cheapest rents between $2,501-$3,000. Around 76% of Lake Merritt's apartments have monthly rents between > $3,000.
The largest share of rentals in Lake Merritt, Oakland, CA (76%) fall between $3,000- per month. This suggests that most people succesfully find suitable apartments within this price.
The average Lake Merritt, Oakland, CA 3 bedroom apartment size is 1,584 sq. ft.
Renting a 3 bedroom apartment offers extra space compared to a 2 bedroom apartment, suited for a family or for sharing it with someone else.
A 3 bedroom apartment is more expensive than smaller units and it usually comes with higher utility costs.
In total, Lake Merritt, Oakland, CA has 10,373 residents, 5,298 women and 5,075 men, per U.S. Census recent estimates. Statistics show that the median age of Lake Merritt’s population is 42.
There is a total of 5,177 households in Lake Merritt, Oakland, CA. Of these, 995 have children and 4,182 are without children. Per Census Bureau’s most current estimates, 2,140 family households and 3,037 non-family households live in this area. The size of a household in Lake Merritt is 1.99 people, on average. The median household annual income in Lake Merritt equals $157,528, and the monthly housing costs equal $2,701.
According to data from the U.S. Census Bureau, 2% of the population in Lake Merritt, Oakland, CA have no high school education, 9% went to high-school, and 13% have partially completed college. Moreover, 5% of the population hold an Associate Degree, 35% hold a Bachelor Degree, and 36% hold a Graduate Degree.
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&cropxunits=300&cropyunits=200&width=480&quality=90 "3 Bedroom Townhome Living Room")
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