Homes & Apartments for Rent in 94606

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What to Know About

Living in 94606

Oakland is a bustling city in the San Francisco Bay Area known for its vibrant art scene and cultural diversity. With its proximity to the Bay, Oakland offers some of the most spectacular views of the Bay Bridge and the San Francisco skyline. Oakland is home to several respected universities, including the renowned University of California, Berkeley. Its economy is large and diverse, ranging from cutting-edge tech start-ups to the manufacturing and shipping industries.

From hiking in the towering Redwoods at Redwood Regional Park to kayaking on the serene Lake Merritt, the city has endless outdoor activities for all ages and interests. For sports enthusiasts, Oakland is home to the Oakland Raiders (NFL), the Oakland Golden State Warriors (NBA), and the Oakland Athletics (MLB). Food lovers can indulge in the city's diverse culinary scene, which spans food trucks to Michelin-starred restaurants. In addition, Oakland hosts several major events throughout the year, such as the Art & Soul Festival and the Oakland Chinatown StreetFest, showcasing the city's multicultural spirit and lively atmosphere.

With its unique cultural blend and exciting urban environment, Oakland offers an excellent quality of life for those looking to make the Bay Area their home.

Rental Market Trends

Oakland, CA

As of May 2026, Oakland's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Oakland's average rent is 21.2% ($576) lower than the California average of $2,711 and 19.3% ($346) higher than the U.S. average of $1,789.

Average Rent
$2,135
Monthly ChangeMonth Over Month Change
Increased0.6% ($12)
Yearly ChangeYear Over Year Change
Decreased8.8% ($205)
Avg. Days on MarketAverage Days on Market
35
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,835 Increased0.1% ($1) Decreased1.7% ($32)
2 Beds $2,459 Increased4.5% ($105) Increased7.9% ($179)
3 Beds $3,027 Decreased0.5% ($14) Increased5.6% ($161)
Nearby Cities Average Rent Avg. Rent vs. OaklandAverage Rent vs. Oakland Avg. Days on MarketAverage Days on Market
Alameda $2,773 Increased29.9% ($638) 43 days
Emeryville $2,404 Increased12.6% ($269) 34 days
Berkeley $2,967 Increased39% ($832) 25 days
Albany $3,460 Increased62.1% ($1325) 32 days
San Leandro $2,372 Increased11.1% ($237) 37 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Oakland Rental Market FAQs

Explore rental prices, market trends, and availability in Oakland, CA.

The average rent in Oakland, CA is $2,135 per month.
Homes in Oakland typically rent for between $1,285 and $3,935 per month, with an average of $2,135 per month.
In Oakland, the average rent for a 1-bedroom home is $1,835 per month, for a 2-bedroom home, $2,459 per month, and a 3-bedroom home is $3,027 per month.
The average rent in Oakland is 19.3% ($346) higher than the national average of $1,789 per month.
The average rent in Oakland has increased by 0.6% ($12) in the last month and decreased by 8.8% ($205) over the past year.
The rental market in Oakland, CA, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Oakland, CA, the average rental stays on the market for approximately 35 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 471 rental properties available in Oakland, CA.
Based on the current averages, a household would need an annual income of $98,360 to comfortably afford a 2-bedroom home in Oakland.
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