Downtown Oakland, Oakland, CA Rental Market Trends
Last updated: May 17, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Downtown Oakland is $2,778, a 1.66% increase compared to the previous year, when the average rent was $2,732.
Studio Apartments at $2,240 offer the most budget-friendly option with 511 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 687 square feet for $2,641, balancing privacy and affordability.
Two-beedroom units at $3,354 offer 986 square feet, perfect for roommates or small families.
Average rent in Downtown Oakland, Oakland, CA
Last updated: May 17, 2026
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $2,778 | 747 sq. ft. |
| Studio | $2,240 | 511 sq. ft. |
| 1 Bed | $2,641 | 687 sq. ft. |
| 2 Beds | $3,354 | 986 sq. ft. |
| 3 Beds | n/a | n/a |
Downtown Oakland, Oakland, CA rent trends
Rental prices in Downtown Oakland, Oakland, CA have increased by 1.66% over the past year. The average rent moved from $2,732 to $2,778.
What's the typical rent budget in Downtown Oakland, Oakland, CA?
The largest share of rentals in Downtown Oakland, Oakland, CA (37%) fall between $2,001-$2,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Downtown Oakland, Oakland, CA?
2,898 or 91% of the households in Downtown Oakland, Oakland, CA are renter-occupied while 287 or 9% are owner-occupied.
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Downtown Oakland apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.